Brazil’s economy is under significant strain as consumer prices have unexpectedly increased in mid-November, suggesting a possible change in the central bank’s monetary policy. A recent report from the national statistics agency IBGE highlighted a rise of 0.62% in the benchmark IPCA-15 index for the month, elevating the annual inflation…
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The European Central Bank (ECB) is pushing hard for the digital euro. It argues that Europe risks falling behind…
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Brazil reported a substantial current account deficit of $5.9 billion in October 2024. The key driver of Brazil’s bulging…