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Labor Costs Expected to Outpace Inflation in Brazil, Survey Shows

The Brazilian Central Bank has released its second Firmus survey, revealing shifting economic perspectives among non-financial businesses. The survey, conducted in August 2024, gathered insights from 95 companies, offering a glimpse into their economic outlook and business expectations. Inflation projections for 2024 have risen since the previous survey. Business leaders now anticipate a 4.20% inflation […]

Brazilian Stock Market Falters as Vale and Petrobras Decline

The Brazilian stock market experienced a downturn on Thursday, breaking its three-day winning streak. The Ibovespa index fell by 0.73%, closing at 130,793.41 points, a decrease of 956.31 points. This decline occurred despite positive trends in international markets, highlighting the unique challenges facing Brazil’s economy. Vale, the mining giant, played a significant role in the […]

The EU’s Major Trade Partners in One Chart

The EU’s Major Trade Partners in One Chart This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. With all 27 member states taken together, the EU would be the second-largest economy in the world in nominal […]