Financial tightening and impacts of Rio Grande do Sul’s floods pose significant uncertainties for the year’s outlook 06/05/2024 Domestic absorption, which includes household consumption, investments, and government spending, rose by 1.6% in the first quarter — Foto: Maria Isabel Oliveira/Agência O Globo Brazil’s GDP showcased robust growth in the first quarter of 2024, rebounding from […]
Rodrigo Cunha’s decision creates rifts among senators and draws criticism from Lower House Speaker Arthur Lira 06/05/2024 Senator Rodrigo Cunha — Foto: Waldemir Barreto/Agência Senado In a move that caught the government by surprise, Senator Rodrigo Cunha, the rapporteur of the bill establishing the Green Mobility and Innovation Program (Mover), removed the 20% tax on […]
After expanding product offerings, digital bank will also accelerate lending 04/06/2024 André Chaves — Foto: Rogério Vieira/Valor Mercado Pago has spent the past few years expanding its product offerings to complete its transition from a payments company to a digital bank. Now, the company believes it is time to “come out of hiding,” said André […]