Growing pressure to de-dollarize: China wants to diversify foreign exchange reserves
For several years now, Chinese financial experts have been warning against relying too much on the U.S. dollar (and specifically...
May 24, 2022Topic
inflation
Airfares rise twice as fast as inflation in Brazil
While general price increases affect everyone in Brazil, the rise in airfares has been much more pronounced, affecting the sector's...
May 16, 2022
Inflation in Argentina reaches 6% in April and 23.1% in the first four months of the year
The cost of living in Argentina rose 6% in April and accumulated an increase of 23.1% so far this year,...
May 13, 2022
In bankrupt Sri Lanka, people face hunger and death, ex PM must hide and military has order to shoot “lawbreakers” on sight
Sri Lanka's former Prime Minister Mahinda Rajapaksa must fear for his safety and is hiding in a military base. Enraged...
May 12, 2022
Brazil’s new Minister of Mines and Energy wants to privatize Petrobras
The new Minister of Mines and Energy, Adolfo Sachsida, will commission studies on the privatization of Petrobras
May 12, 2022 Inflation: Brazil’s consumer price index IPCA up 1.06% in April, highest since 1996
The National Broad Consumer Price Index (IPCA), Brazil's main inflation index, closed in April with a change of 1.06%, according...
May 11, 2022
Brazil’s public debt level to rise by US$113 billion, with Selic at 13.25% -newspaper
The cost of Brazil's public debt is expected to increase by R$580.1 (US$113) billion in 12 months, with the prime...
May 11, 2022
Brazil’s Bolsonaro fires Minister Bento Albuquerque over high diesel prices
After challenging the Brazilian president with another diesel price hike, the bosses of state-owned Petrobras are now getting a short...
May 11, 2022
Central bank estimates Brazilian inflation at 7.3% in 2022 -Copom minutes
RIO DE JANEIRO, BRAZIL - Brazil's Central Bank (BC) estimates that inflation will be 7.3% at the end of 2022,...
May 10, 2022