Asian stocks ended the trading session this Tuesday, 15, on a high, supported by the perception that the meeting between the president of the United States, Joe Biden, and his counterpart in China, Xi Jinping, served to alleviate the growing tensions between the two major global powers. With an eye on possible stimuli, shares of […]
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.
Who is the founder of Binance, the billionaire who wants to “rebuild” the cryptocurrency
Binance Founder and CEO Changpeng Zhao is once again in the global spotlight, this time as the cryptocurrency’s self-appointed white knight as the industry is embroiled in crisis. The Canadian billionaire made headlines this week for offering to help entrepreneurs facing a cash crunch in efforts to help “rebuild” the industry. Zhao, who goes by […]
Warren Buffett’s firm buys $4 billion stake in chip giant TSMC
Shares in Taiwan Semiconductor Manufacturing Company surged on Tuesday after Warren Buffett’s Berkshire Hathaway said it had bought a $4.1 billion stake in one of the world’s biggest chip makers. In a filing with the US Securities and Exchange Commission on Monday, Berkshire Hathaway (BRKA) said it acquired about 60 million US depository shares of […]
China’s industrial production slows in October; retail sales fall
China’s industrial production grew 5.0% in October, compared to the same month of 2021, and rose 0.33% from the previous month. Despite rising slightly above the market forecast of 4.9%, it marks a slowdown from September’s annual high of 6.3%. The data were released late on Monday by the Office for National Statistics (NBS). Retail […]
Agro Connection: Rice Exports reach highest value of the year in October
Brazilian rice exports totaled almost 1.7 million tons with revenues of US$ 516 million between January and October this year, according to data from the Ministry of Economy. Cereal shipments should reach around 2 million tons by the end of this year, according to projections by the Brazilian Rice Industry Association (Abiarroz). Abiarroz also reported […]
Recession risk and monetary policy should guide the G20 economic debate
The 17th summit meeting of the G20, a group with the twenty largest economies in the world, starts this Tuesday (15), in Bali, an island located in Indonesia. Leaders are expected to discuss the impacts of the war in Ukraine on countries and high levels of global inflation, which is sending central banks rushing to […]
Eating away from home is expected to grow 10.2% this year, predicts the association
the market of food service, which covers food establishments away from home, such as restaurants, snack bars, bars and food trucks, should present a real growth of 10.2% in revenue this year compared to 2021, reaching BRL 540 billion. The numbers are from the Brazilian Food Industry Association (Abia). The advance surpasses the high of […]
“We need predictability now,” says economist on government spending
In an interview with CNN 🇧🇷 Paula Magalhães chief economist at AC Pastore, spoke about the disagreements between economists and politicians in the government transition team. According to her, what worries the market the most is the proposal to remove the Auxílio Brasil from the spending ceiling, because it is already a fiscal rule that […]
FTX Founder Says He Has Seen No Signs of Exchange Trouble
FTX founder and former chief executive Sam Bankman-Fried said he expanded his business too quickly and saw no signs of trouble at the exchange, whose downfall sent shockwaves through the cryptocurrency industry, the New York Times reported on Monday. -Friday (14). “If I had been a little more focused on what I was doing, I […]
Looking at public debt is fundamental for fiscal rules, says economist
In an interview with CNN this Monday (14), the economist at Asa Investimentos Jefferson Bittencourt stated that observing the public debt is essential for planning new fiscal rules. “Looking at the debt is fundamental. Fiscal rules are designed to generate or induce fiscal responsibility, and fiscal responsibility aims to keep debt at sustainable levels. If […]
