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Argentina
Argentine Minister of Economy rejects opposition dollarization proposal
Argentina’s Minister of Economy, Sergio Massa, questioned and rejected yesterday, Friday, the proposal of dollarization of the country by sectors of the local opposition given the upcoming presidential elections. “How much market will they be able to sustain with salaries of 100 dollars and with dollars of 1,900 pesos for ...
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Brasile
Brazil’s Finance Minister says the country is ready to start a cycle of interest rate cuts
The Minister of Finance, Fernando Haddad, defended again this Friday (19) the reduction of the introductory interest rate, Selic. The minister said the country is ready to start a cycle of interest rate cuts. "We think there is room to start a cycle [of rate cuts], but ultimately there is ...
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Brasile
Brazil’s economic activity grows 2.41% in first quarter, according to Central Bank
Brazilian economic activity registered a growth of 2.41 percent in the first quarter of the year in relation to the last three months of 2022, the Central Bank of Brazil preliminarily estimated yesterday, Friday. According to the Economic Activity Index (IBC-Br), considered as a prior on the behavior of the ...
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USA
US court rules against Warhol in copyright case
The US Supreme Court ruled Thursday that a photographer was denied fair payment over the publication of an Andy Warhol print of the singer Prince, in a case with major implications for copyright law and the art world.
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USA
Foreign tourists hit 9.47 million, driven by Asian tourists
Thailand has welcomed 9.47 million foreign tourists so far this year, generating about 391 billion baht (US$11 billion) of revenue, according to government spokeswoman Traisuree Taisaranakul.
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Giappone
Daihatsu’s test scandal engulfs SUV model for Japan market
Daihatsu, a unit of Toyota, stopped shipments and sales of the hybrid model of the Rocky small SUV. The vehicle is also sold by the ...
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Brasile
Ministério da Justiça vai investigar denúncias de golpe contra BNDES
O Ministério da Justiça e Segurança Pública (MJSP) irá investigar 1.547 denúncias de golpes envolvendo o nome do Banco Nacional de Desenvolvimento Econômico e Social (BNDES).O presidente do BNDES, Aloizio ...
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Brasile Portogallo
Haddad diz que país está pronto para iniciar ciclo de queda de juros
O ministro da Fazenda, Fernando Haddad, voltou a defender nesta sexta-feira (19) a diminuição da taxa básica de juros da economia brasileira, a taxa Selic. Ao discursar em um evento ...
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USA
Importers squeezed as dollar market rate surges past Sh140
Some banks and foreign exchange bureaus were selling US unit at Sh143. Depreciation of shilling continues despite CBK revamping the interbank market.
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Nigeria
Cosgrove Kick-starts Redevelopment Of Smart Gated Homes
Nigeria’s leading smart estates developer, Cosgrove Investment Limited, has kick-started the redevelopment of smart gated homes, under a Public Private Partnership (PPP) with the Nigeria Police. The Inspector General of Police, Usman Alkali Baba, performed the groundbreaking ceremony of the redevelopment of DIG Quarters located at Maitama District of Abuja. ...