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The Brazilian real sank on Tuesday, nearing levels seen after Luiz Inácio Lula da Silva’s surprise re-election as traders saw few signs the nation’s central bank is willing to raise interest rates even amid mounting inflation pressures.
Brazil’s central bank held its interest rate steady, pausing its easing cycle and warning of a tough outlook with weaker growth, faster inflation and high uncertainty after President Luiz Inácio Lula da Silva’s reelection.
Aliko Dangote, considerat cel mai bogat om din Africa, ia în calcul soluții pentru ca acțiunile rafinăriei sale să poată fi tranzacționate pe mai multe burse africane, după ce oferta publică inițială de 1,6...
Un argentinian stabilit la Miami, în statul american Florida, a acţionat ca intermediar pentru plata avionului cu care a fugit din Brazilia în SUA senatorul Flavio Bolsonaro, învins în alegerile prezidenţiale de şeful statului brazilian, Luis…
Brazil’s central bank is likely to pause its interest-rate cuts in its first decision since President Luiz Inácio Lula da Silva’s reelection, as worsening inflation expectations and mounting political pressure complicate the broader policy outlook.
Freeport-McMoRan Inc. approved a $4.5 billion expansion of an Arizona mine that the copper producer predicts will more than double mining and processing rates as it seeks to capitalize on growing demand for the metal.
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