Brazil Central Bank Expected to Raise Selic Rate to Near a Decade-High
Brazil's central bank is set to increase its Selic rate to 14.25%, marking a near decade-high. The tightening cycle continues...
Business
Brazil Central Bank Set to Raise Interest Rates to 14.25% on March 19
Brazil's central bank is set to increase the benchmark interest rate to 14.25% on March 19, marking a significant rise...
Brazil’s Gross Debt-to-GDP Ratio Declines Unexpectedly in January
Brazil's debt-to-GDP ratio fell to 75.3% in January, lower than expectations due to net debt redemptions and GDP growth. The...
Brookfield Initiates US$2.7 Billion Arbitration Against Peru Over Toll Roads
Brookfield Asset Management Inc. has filed a US$2.7 billion arbitration case against Peru, alleging illegal expropriation of toll roads in...
Impact of U.S. Policy Changes on Venezuela’s Bond Market
The volatility in Venezuela’s bond market stems from fluctuating U.S. policies under President Trump, impacting investor perspectives on a $60...
BMW AG Faces Declining Profits Amid Tariffs and China Market Challenges
BMW AG's carmaking profits are expected to fall below long-term targets due to trade tensions and declines in China. The...
Botswana’s Hunting Revenue Rises Amid International Opposition to Trophy Imports
Botswana has generated $4 million from hunting licenses, reflecting a significant revenue increase since its 2019 hunting ban lift. Despite...
Brazil’s Budget Surplus Exceeds Expectations in January 2025
Brazil reported a nominal budget surplus of BRL 63.7 billion in January 2025, significantly exceeding the expected BRL 35.3 billion....
Fitch Highlights Challenges for South Africa in Achieving Debt Stabilization
Fitch Ratings has stated that South Africa's budget indicates ongoing challenges in achieving debt stabilization, reflecting the need for careful...
Finance Minister Calls for Unity in Nigeria’s Fiscal Management
Mr. Wale Edun, Nigeria's Finance Minister, has urged for unity in fiscal management during a High-Level Retreat aimed at enhancing...
