Brazil Financial News

G20’s role in fostering an equitable, sustainable, and inclusive world, remarked Ambassador Anil Sooklal, South Africa's High Commissioner to India. Sooklal was the key note speaker at an event in the Indian capital. “As we reflect on Africa’s role in global governance, we are reminded of the African philosophy of Ubuntu–a principle that celebrates our shared humanity and interconnectedness: ‘I am because we are’”, said Pradeep S Mehta, Secretary General of CUTS International in his opening remarks at an event on the ‘The Future of G20 and Africa’ held in New Delhi early this week.

Subscribe to enjoy similar stories. If there is one defining feature of municipal services in large parts of India, it is chronic underfunding and under investment. According to the Reserve Bank of India, municipal expenditure is less than 1% of GDP.

Dozens of environmental nonprofits issued a manifesto Thursday condemning new laws in Brazilian states that threaten to dismantle the Amazon soy moratorium

Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Federal Reserve interest rate cut next week. Brent crude futures edged down 8 cents to $73.33 a barrel by 0125 GMT while U.S. West Texas Intermediate crude was at $69.95 a barrel, down 7 cents.

The next United Nations climate conference will be held in Belem, the capital of an Amazon region where widespread deforestation has turned the surrounding rainforest from a vital carbon sink into a significant carbon source

The NFL’s desire to become a global powerhouse is no secret

culinary journey where every ingredient takes centre stage. The mastermind behind Oteque is chef Alberto Landgraf, whose Japanese and German heritage weaves into his innovative dishes.

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

Central banks on four continents will make a final flurry of changes to borrowing costs in the coming week, before Donald Trump's return to the White House raises the prospect of global trade turmoil. By the time policymakers from Australia, Canada, Brazil and the euro zone convene for their first scheduled meetings of 2025, the US president-elect will have taken office, and a potential wave of tariffs could be closer to reality. The impending change in America will help cement a particularly unsynchronized phase in monetary policy, as various economies contend with different inflation risks.

Francisco Oliveira has got a new job and in many ways it seems better than his old one. 

Barclays just promoted 66 new managing directors (MDs) in its corporate and investment bank (CIB). We have the list (before everyone else) below. 

Brazil soccer has extended its kit deal with Nike by 12 years to 2038

The European Union has reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance

As of Thursday, December 5, Bitcoin's market cap surged 6.2% in the past 24 hours, reaching $2.03 trillion, according to data available on CoinMarketCap.

European Commission President Ursula von der Leyen has arrived in Uruguay for the final stages in years-long negotiations to clinch a trade deal between the 27-nation EU and the South American Mercosur trade bloc that would create a trans-Atlantic mark...

A week before Donald Trump fired off yet another tariff threat on his neighbours, Justin Trudeau and Claudia Sheinbaum had a chance to confer in person about how to tackle that very scenario. Would they join forces against their errant trading partner or was it going to be a case of every person for themselves?

The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year