:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/W74DWF3B6ND4VLSFM5TOPTJ3J4.jpg "Brazil Swap Rates Rise as President Lula da Silva Expands Criticism of Central Bank")
Brazil Swap Rates Rise as President Lula da Silva Expands Criticism of Central Bank
Brazil’s swap rates rose further after President Luiz Inacio Lula da Silva bolstered criticism of the central bank, saying high interest rates are ruining the economy while failing to control inflation
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Brazilian Miners Want Europe to Help Fight Amazon Gold Depredation
Damage caused by illegal mining is under the spotlight after President Lula da Silva’s government declared a public health emergency for the Yanomami indigenous population in the Amazon
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Americanas Faces Eviction from São Paulo Shopping Mall Due to Rent Arrears
The retail giant owes 67,000 reais for the premises in the Santa Bárbara D’Oeste mall in São Paulo state, while Americanas claims the debt is contemplated within its restructuring process
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/Z33HNV55C5A57MDZ263FYQC3XQ.jpg "Latin American Commodities Seen as the Main Beneficiaries of China’s Reopening")
Latin American Commodities Seen as the Main Beneficiaries of China’s Reopening
Sector experts tell Bloomberg Línea that commodities and infrastructure will be the main sectors to benefit from China abandoning its zero-Covid policy and reopening to trade
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/EYQKR5LOQJGLRCFGLHLXKA3NCE.jpg "Nobel Laureate Paul Krugman Says Argentina, Brazil’s Joint Currency Is a Terrible Idea")
Nobel Laureate Paul Krugman Says Argentina, Brazil’s Joint Currency Is a Terrible Idea
Despite being neighbors and trading partners, Brazil sends only 4.2% of its exports to Argentina, while Argentina’s exports to Brazil are 15%, Krugman said.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/P4L2RJSBPBATLBGE6T5XKVXNV4.jpg "Brazilians Choke in Debt With a Third of Their Salaries Going to Repay Loans")
Brazilians Choke in Debt With a Third of Their Salaries Going to Repay Loans
Monthly credit payments in November hit 28.2% of families’ wages, the highest figure in the dataset that goes back to 2005
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Disappearing ‘Asados’ Show Global Beef Demand Is Under Pressure
Consumers in some of the world’s biggest beef markets are shifting to chicken and lentils
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Americanas’ Downfall Drags 8,000 Creditors Including Big Local, Global Banks
Creditors listed may include holdings of passive funds, which have little choice in what they buy or sell, as well as names of custodians or administers that don’t necessarily own the debt
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Americanas Collapse Boosts MercadoLibre to Best Ever Start to a Year
The meltdown at Brazilian retailer Americanas SA is proving a boon to MercadoLibre Inc.’s stock price, which is poised for its best January since the company went public in 2007
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Will Latin America’s Inflation Cool In 2023?
Inflation appears to be dissipating in the majority of the region’s countries, as Argentina and Venezuela struggle to escape from the list of the five countries in the world with the sharpest price hikes
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How Feasible Is Brazil and Argentina’s Proposal for a Common Trading Currency?
Authorities in both countries have ratified their intention to advance with the plan, but experts warn of the challenges they could face in the short term
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