Economy

The European Central Bank (ECB) is facing a growing divide among policymakers regarding the outlook for economic growth. This discord could significantly influence the ongoing debate about potential rate cuts, with concerns regarding a recession on one side and inflation pressures on the other. While the ECB has already cut interest rates in June and
0 Comments
Volkswagen, Europe’s top carmaker, is currently deliberating the closure of factories in Germany for the first time. This move highlights the increasing price pressure that the company is facing from its Asian rivals. The decision marks a significant clash between Chief Executive Oliver Blume and the influential unions within Volkswagen. Resistance from Works Council The
0 Comments
Brazil’s Finance Ministry is faced with significant challenges as it seeks to secure the 2025 fiscal goal amidst potential revenue shortfalls. To address these issues, the ministry has proposed various measures, including taxing big tech companies and implementing a global minimum tax of 15% on multinational corporations. One of the key proposals put forward by
0 Comments
As investors navigate the unpredictable landscape of the stock market, it is crucial to anticipate and prepare for potential volatility. Bank of America Securities recently emphasized the significance of hedging against the possibility of a hot nonfarm payrolls figure, which could result in substantial market fluctuations. The nonfarm payrolls report has once again taken the
0 Comments
Brazilians will soon be facing an increase in their electricity bills, thanks to a decision made by local power regulator Aneel. With more than half of the country’s power supply still coming from hydroelectric plants, the drop in reservoir levels during the dry season has led to additional charges being imposed on consumers. Despite the
0 Comments
In recent years, Chinese lenders have played a significant role in providing financial support to African countries through various loan agreements. The landscape of Chinese loans to Africa has been evolving, with fluctuations in funding levels and a shift in focus towards more sustainable lending practices. A recent study conducted by Boston University’s Global Development
0 Comments