In an interview with CNN economist Sergio Vale assessed that the appointment of a name at the head of the Ministry of Finance is urgent to “stabilize markets” and guide the alignment of the fiscal policy of the next government. “We need to have that name soon so that it can take the first steps […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Auxílio Brasil beneficiary can withdraw November installment this Thursday (17)
Caixa Econômica Federal starts paying today (17) the November installments of the Auxílio Brasil to beneficiaries with a Social Registration Number (NIS) ending in 1, in the amount of R$ 600, which will remain in force until December, according to a constitutional amendment enacted in July by the National Congress. The constitutional amendment also released […]
Piracy tripled damage to the Brazilian economy in 7 years, research shows
The counterfeiting of goods is a phenomenon that happens worldwide. Of the items traded globally in 2019, 2.5% were linked to pirated products, according to the most recent data from the Organization for Economic Cooperation and Development (OECD). In Brazil, according to data from the National Forum Against Piracy and Illegality (FNCP), in 2014, the […]
Banks will have special hours on days when the team plays in the World Cup
Bank branches will have special opening hours for the public on World Cup days when the Brazilian team is playing. The decision was announced by the Brazilian Federation of Banks (Febraban). The first phase games are scheduled for the 24th of November, at 4pm against Serbia; November 28, 1pm against Switzerland; and on December 2, […]
Government enacts law that doubles compensation to those harmed by cartel
The President of the Republic, Jair Bolsonaro, sanctioned the law that tightens the repression of violations of the economic order. Among the changes is the double application of compensation paid to anyone harmed by companies that form cartels. Under competition law, anyone who feels impacted by collusion in a given sector can file a lawsuit […]
PEC of the Explosion could cause collapse in the Brazilian economy, warn economists
Economists consulted by the CNN Brazil Business evaluated the speeches of the president-elect, Luiz Inácio Lula da Silva, this Thursday (17), as dangerous for the future of the Brazilian economy. Lula again criticized the spending ceiling at COP27, in Sharm el-Sheik, Egypt, in a speech to representatives of social movements. The day after the draft […]
PEC of the Explosion is dangerous for the future of the Brazilian economy, according to experts
Economists consulted by the CNN Brazil Business evaluated the speeches of the president-elect, Luiz Inácio Lula da Silva, this Thursday (17), as dangerous for the future of the Brazilian economy. Lula again criticized the spending ceiling at COP27, in Sharm el-Sheik, Egypt, in a speech to representatives of social movements. The day after the draft […]
Income of Brazilians grows in all regions in the 3rd quarter, says IBGE
The average monthly income received by Brazilian workers grew in all regions of the country in the third quarter of 2022, compared to the immediately previous period, showed the Brazilian Institute of Geography and Statistics (IBGE) this Thursday (17), with data from the Continuous National Household Sample Survey (Continuous PNAD). The value in the period […]
Market has always reacted to spending cap hole, says economist
In an interview with CNN Brasil this Thursday (17), the chief economist at RPS Capital, Victor Oliveira, explained that the market has always reacted to bursts of government spending ceilings, especially in the Bolsonaro government. “In the current government there was a discussion of removing the precatório from the ceiling, which was a hole. The […]
UK sends Chinese company to sell biggest British chip maker
The UK government has ordered a Chinese-owned company to scrap its acquisition of Britain’s biggest chipmaker, citing national security concerns. Nexperia, a Dutch subsidiary of Shanghai-listed semiconductor maker Wingtech, has been instructed to sell “at least 86%” of its stake in Newport Wafer Fab by UK Secretary of State for Business, Energy and Industrial Strategy […]
