The invasion of criminals in Brasilia on Sunday (8) could drive away foreign investors and increase the country’s risk perception in the short term, say experts consulted by the CNN . However, the negative effect can be mitigated as the Three Powers come together, indicating political stability in the midst of the crisis and the […]
Nasdaq leads Wall Street gains as interest rates easing fears
The US Nasdaq index led gains on Wall Street on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling job market supported bets on a slower pace of interest rate hikes by the Federal Reserve. Amazon.com Inc rose 3.4% after Jefferies said it expects cost pressures for the e-commerce giant to […]
Strike by 7,000 nurses in New York begins this Monday (9)
A walkout of more than 7,000 nurses at two major hospitals in New York City began at 6 am local time on Monday (9), after negotiations aimed at averting a strike broke down overnight. Interim agreements have been reached in recent days, covering nurses at several hospitals, including two new agreements late Sunday night (8). […]
Third largest economy in the world wants wage increases and inflation drop
Japan is facing the biggest drop in living standards in nearly a decade as inflation continues to rise. The world’s third-largest economy on Friday reported its worst real wage decline in more than eight years, a day after its leader urged companies to raise workers’ wages by a level above inflation. Japan recorded a 3.8% […]
China’s central bank to support private companies, loosen fintech oversight
China’s central bank will increase support for private companies as part of measures to strengthen the economy, while easing pressure on technology companies, said Guo Shuqing, Communist Party head of the People’s Bank of China, according to the state media. Monetary policy in 2023 will focus on expanding demand, especially personal consumption, Guo told state-run […]
Goldman Sachs to lay off up to 3,200 workers this week
Goldman Sachs will lay off up to 3,200 employees this week as an uncertain economic and market climate prompts the bank to seek cost savings, according to a person familiar with the matter. More than a third of the job cuts are expected to come from the company’s commercial and banking units, the source said. […]
Agribusiness should have greater growth since 2017, say economists
After retreating in 2022, agribusiness should grow again and be the engine – perhaps the only one – of the economy in 2023. The Brazilian Institute of Economics, of the Getulio Vargas Foundation (FGV-Ibre), calculates that the sector’s GDP will increase 8 % this year, after shrinking 2% in 2022. If the number is confirmed, […]
Economic sector entities repudiate invasions of the Three Powers
Entities representing industry, commerce, services and the banking sector released notes in which they repudiate the invasions of the headquarters of the Executive, Legislative and Judiciary branches this Sunday (8), in BrasÃlia, by anti-democratic demonstrators. The National Confederation of Trade in Goods, Services and Tourism (CNC) stated that it is committed to the values ​​of […]
Facebook owner says she will remove content that supports attack on the Three Powers
Meta said this Monday (9) that it is removing from its platforms content supporting or exalting the attack against the headquarters of the Three Powers, in BrasÃlia, by Bolsonarist protesters on Sunday (8). Tens of thousands of radical supporters of former President Jair Bolsonaro destroyed the Alvorada Palace, the National Congress and the Federal Supreme […]
Market raises inflation projections and sees Selic higher in 2024 on Focus
Analysts consulted by the Central Bank began to see the highest basic interest rate in 2024 amid rising expectations for inflation both this year and next, according to the Focus survey. The survey still does not reflect possible changes after the invasion of the headquarters of the Three Powers in BrasÃlia on Sunday, since it […]