In an interview with CNN this Monday (14th), the former Executive Director of Brazil at the Inter-American Development Bank (IDB), José Guilherme Reis, stated that if there is an endorsement of Ilan Goldfajn’s candidacy by the new government, the chances of the candidate to be elected are high. “I estimate that, if during this week […]
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.
The Great Debate: See if it’s time to buy big tech stocks
The world of big techs is in turmoil. After months of speculation, billionaire Elon Musk bought Twitter for $44 billion and has already begun a series of layoffs in several countries. The financial market reacted immediately, and the platform’s shares plummeted. LSoon after, it was the turn of the giant Meta, controller of Instagram and […]
Transition economists diverge from the political wing and defend a R$ 130 billion license to spend
Economists from the elected government’s transition team advanced over the weekend in defense of a Proposed Constitutional Amendment different from the one being defended by the political wing. The idea is to allow a spending license of R$ 130 billion for one year, completely different from the draft that has been negotiated by the political […]
Nubank exceeds profit projection in the 3rd quarter with jump in revenue; stocks skyrocket
Nubank beat third-quarter profit forecasts as it expanded its customer base and revenues, while expenses were flat. The largest digital bank in Latin America announced this Monday that its adjusted net profit from July to September amounted to US$ 63.1 million, compared to a loss of US$ 1.3 million in the same stage of 2021. […]
National Treasury proposal on new spending ceiling passed by Paulo Guedes, say interlocutors
The proposal that the National Treasury presented this Monday (14) on a more flexible rule for the spending ceiling passed by the Minister of Economy, Paulo Guedes. According to reports from government sources made to the CNN Guedes has been discussing for at least three years with technicians from the Treasury and also from the […]
Oil closes lower due to expectations of lower demand and a stronger dollar
Oil futures contracts closed lower on Monday (14) in a session attentive to the perspectives of lower demand that the monthly report of the Organization of Petroleum Exporting Countries (OPEC) pointed out. In addition, the possibility of greater monetary tightening by the Federal Reserve (Fed), which has as one of the consequences the strengthening of […]
Concessionaire signs the return of Galeão airport, in RJ
The concessionaire RIOgaleão, responsible for the administration of Tom Jobim International Airport, in Rio de Janeiro, signed this Monday (14) the document that allows the friendly return of the terminal to the Union. With that, the federal government will start another phase of the process for the airport to go up for auction again. The […]
Trade balance registers surplus of US$ 1.7 billion in November
The Brazilian trade balance registered a surplus of US$ 920.4 million in the second week of November. The balance is the result of exports of US$ 6.574 billion minus imports of US$ 5.654 billion, according to data released by the Foreign Trade Secretariat (Secex) of the Ministry of Economy this Monday (14). With this result, […]
Google to pay $391.5M to end investigation into tracking users
Alphabet’s Google will pay $391.5 million to settle allegations in 40 US states that the company illegally tracked users’ locations, the Michigan attorney general’s office said on Monday. The investigation and settlement, led by Oregon and Nebraska, is a sign of growing legal headaches for the tech giant from state attorneys general who have aggressively […]
Regulators Hound FTX After Collapse, Rivals Try To Calm Investors
Financial regulators continued to hover over FTX after the cryptocurrency exchange collapsed last week, as rival firms sought to reassure investors of its own stability. Kris Marszalek, chairman of Singapore-based Crypto.com, refuted mentions that the exchange was in trouble. The statement comes after investors over the weekend questioned a transfer of $400 million worth of […]
