The median estimate from 26 consultancies and financial institutions surveyed by Valor Data expected a 0.6% decline in the period 11/10/2024 Core retail sales volumes dropped 0.3% in August compared to July, in seasonally adjusted terms, according to the Monthly Survey of Trade (PMC) released by the Brazilian Institute of Geography and Statistics (IBGE) on […]
Capital flight from Brazil has not yet impacted local currency significantly, but it is restricting gains 10/11/2024 U.S. dollar outflows from Brazil through the country’s financial account totaled $52.4 billion between January and September, marking the second-largest outflow for the period in history. The negative financial flow this year is on track to become the […]
AGU is requesting information on measures taken to manage gambling and betting ads directed at minors 10/09/2024 Brazil’s Attorney General’s Office (AGU) has issued an extrajudicial notice to YouTube, TikTok, Kwai, and Meta (including Instagram and Facebook). The notice seeks information on the steps being taken to manage advertising related to gambling or betting that […]