Through October, Argentina’s 12-month inflation reached 88%, surpassing that of Turkey, as rising prices continue to undermine wages and savings. The country’s monthly inflation stood at 6.3% in October. The data were released this Tuesday (15) by the government statistics agency Indec. Prices in the country rose 76.6% in the first 10 months of the […]
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.
Meirelles argues that Lula should support Ilan Goldfajn as president of the IDB
Former finance minister Henrique Meirelles defended this Tuesday (15) that the president-elect, Luiz Inácio Lula da Silva, support the name of Ilan Goldfajn in the presidency of the Inter-American Development Bank (IDB). “Ilan’s name was widely accepted by Latin American countries in general, and I think it would be a great addition to Brazil. I […]
In NY, Pérsio Arida defends market opening and reforms for the country to grow
The former president of the Central Bank and BNDES Pérsio Arida defended that Brazil opens its trade to the world and carries out State and tax reforms, in a speech during an event in New York, this Tuesday (15). Speaking to businessmen, ministers of the Federal Supreme Court (STF) and authorities present at the Lide […]
Walmart has better-than-expected Q3 revenue and improves forecasts for 2023
Walmart’s revenue for the third quarter of 2022 was $152.81 billion, up 8.7% from $140.53 billion a year ago and higher than the expected consensus of $ 147.67 billion. The net loss attributed to the company was US$ 1.798 billion and reversed a profit of US$ 3.1 billion in the same period of 2021. Adjusted […]
Since the last World Cup, most consumed items have become 100% more expensive
The World Cup is less than a week away. And this year it will be more expensive to support the national team. A survey carried out by XP shows that some of the most consumed items during the World Cup reached increases of up to 100% in the last four years, since the last tournament. […]
Payroll loan from Auxílio Brasil violates constitutional principle, says PGR
The Attorney General of the Republic, Augusto Aras, defends in the Federal Supreme Court (STF) the unconstitutionality of excerpts from Law 14.431/2022 which, among other points, authorized the making of loans allocated to those registered in the Continuous Provision Benefit (BPC) and beneficiaries of federal programs, such as Auxílio Brasil. The norm also expanded the […]
Thinking about the social without the tax would lead the country to a recession, says economist
A social spending plan that does not consider fiscal responsibility would probably lead Brazil to a recession, argues José Márcio Camargo, chief economist at Genial Investimento. In an interview with CNN this Saturday (15), the specialist calculates that, if all the promises made during the campaign by the elected government are implemented next year, the […]
Country needs social spending and the market betting on the economy, says economist
To ensure solid and consistent growth over the years, President-elect Luiz Inácio Lula da Silva (PT) needs to combine, in the most harmonious way possible, his plans to increase social spending with the confidence of the financial market, in the opinion of Juliana Inhazs, coordinator degree in Economics at Insper. “We need to grow and, […]
Chinese central bank maintains interest for 1-year credit lines at 2.75%
The People’s Bank of China (PBoC) left its key interest rates unchanged on Tuesday, suggesting it may maintain benchmark lending rates despite further signs of weakness in the world’s second-largest economy. world. The PBoC injected 850 billion yuan ($120.16 billion) of liquidity through the one-year medium-term credit facility at an interest rate of 2.75%. It […]
Euro zone posts €34.4 billion trade deficit in September
The euro zone registered a trade deficit of 34.4 billion euros in September, with the increase in imports due to high energy costs, according to data released this Tuesday, 15, by Eurostat, the statistics agency of the European Union. The euro zone’s trade deficit in September reverses a surplus of 6.7 billion euros in the […]
