The city of São Paulo has officially notified ride-sharing giants Uber and 99, signaling a growing concern over what authorities are deeming excessive pricing for app-based rides. This action comes as a response to numerous… 

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The European Union is on the verge of a pivotal decision regarding its ambitious trade agreement with the Mercosur bloc. Denmark, holding the EU’s rotating presidency, announced that member states are slated to vote early… 

A massive blackout that plunged Greater São Paulo into darkness has dealt a severe blow to the region’s commerce, with potential losses soaring to an estimated R$ 77.5 million. The extensive power outages, triggered by… 

Federal Reserve officials who dissented on the recent decision to cut interest rates expressed significant concerns regarding the persistent high levels of inflation. Their votes against the rate reduction were primarily driven by a perceived… 

Bank of America’s Economic Outlook on Brazil’s Monetary Policy David Beker, head of Brazil economics and Latin America strategy at Bank of America (BofA), believes the Central Bank’s Monetary Policy Committee (Copom) does not need… 

Argentina’s Inflation Accelerates for Third Straight Month Post-Midterm Election Victory Despite President Javier Milei’s significant win in the midterm elections, Argentina is experiencing a renewed surge in inflation. Consumer prices saw a notable increase in… 

Brazil continues to hold the second-highest real interest rate globally, standing at a significant 9.44% for the sixth consecutive month. This persistent high rate places the country in a notable position within the international financial… 

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The Brazilian government has officially confirmed the minimum wage for 2026, announcing a significant increase that will impact millions of workers and social benefit recipients across the country. The new figure, set at R$ 1,621,…