Suzanne

Savings – beloved investment by Brazilians – registered a positive return in 2022 after three years of losses, according to a TradeMap survey. That’s because profitability last year was 2% above official inflation — measured by the IPCA (Extended Consumer Price Index). Between 2019 and 2021, savings recorded yields of -0.05%, -2.30% and -6.37%, respectively, […]

Oil prices rose slightly this Tuesday (10), with the US government predicting a record global consumption of the commodity next year and with the dollar oscillating at seven-month lows. Global consumption of liquid fuels is forecast to reach 102.2 million barrels per day in 2024, driven primarily by growth in countries such as India and […]

Less than a year after Tom Brady and Gisele Bündchen appeared in a series of Super Bowl ads for FTX, the former couple has emerged as one of the biggest shareholders in the now bankrupt company. Brady owns 1.1 million shares of FTX common stock, while Bundchen owns 686,000 shares, according to bankruptcy court documents […]

The rise of 0.62% in the IPCA in December, which ended the official inflation indicator at 5.79% in the accumulated result for 2022, surprised the projections with a result above expectations by the market (0.46%). The biggest impacts for the data to take off from the projections came from the clothing and food groups, observe […]

The General Superintendence of the Administrative Council for Economic Defense (Cade) approved without restrictions the acquisition by Alumina do Norte do Brasil (Alunorte) of a shareholding in Mendubim Geração de Energia SA The transaction will take place through the exercise of a stock option currently held by Mendubim Holding, representing 10% of the total and […]

Tourism in the capital of São Paulo returned to pre-pandemic levels for the first time since January 2020, when it registered a growth of 10.7% in November 2022, compared to the previous month and reached the index number 100, a score that was in the first month of 2020. The data are from the Monthly […]

The World Bank estimates that the countries of Latin America and the Caribbean will register economic growth of 1.3% this year and 2.4% in 2024, in its report Global Economic Perspectives, published this Tuesday (10). Compared with the projected numbers six months ago, there was a cut of 0.6 percentage points in the forecast for […]

The crypto winter is apparently not over yet. Coinbase announced on Tuesday that it was laying off 950 people, about 20% of its staff. The job cuts come just months after another massive round of layoffs. The cryptocurrency exchange laid off 1,100 people in June, about 18% of its staff at the time. Coinbase, like […]

Sunday’s criminal acts helped the Minister of Finance, Fernando Haddad, to enforce his thesis of readjusting the minimum wage in the amount of R$1,302 for the entire year. Without, therefore, a new increase to R$ 1,320 in May as defended by the Minister of Labor, Luiz Marinho and the most political wing of the government. […]

The federal government created a crisis office to monitor the case of the demolition of electricity transmission towers. The Brazilian Electric System Situation Monitoring Office was set up by the National Electric System Operator (ONS) with coordination from the Ministry of Mines and Energy (MME) and the National Electric Energy Agency (Aneel). The group will […]