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Richard Mann

Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.

Joblessness in Chile Reaches 11-Month High

Chile's National Statistics Institute (INE) announced on Tuesday that the unemployment rate rose to 8.9%. This rate is up by 0.9 percentage points compared to...

Mexico Sees 3.3% Growth in Q3 2023

Despite high-interest rates and slowing inflation, Mexico's economy expanded by 3.3% in the third quarter of 2023, according to INEGI. Primary activities increased 5.3%, secondary...

Big Jump in Weekly Crypto Fund Investments

Last week, a big increase in money going into crypto Exchange-Traded Products (ETPs) happened. CoinShares, an asset management firm, reported $326 million in new investments....

Brazil Struggles to Grow Fruit Exports

Guilherme Coelho, leader of Brazil's Abrafrutas, arrived in India on Monday to expand market opportunities and clarify regulations. Meanwhile, in São Paulo, experts discuss fruit...

Brazil Records 9th Consecutive Month of Job Increases

In September 2023, Brazil saw a significant uptick in its employment sector, adding 211,764 new formal job positions. While this is positive news, a closer...

Latin America’s Financial Week: What to Watch

This week, key events in Brazil, Colombia, and other countries are drawing attention to Latin America's financial markets. First, we look at Brazil and Colombia's...

Tether Dominates Brazil’s Crypto Transactions in 2023

In 2023, Brazil's revenue agency reported that Tether (USDT) accounted for 80% of all crypto transactions in the country. By mid-October, USDT transactions hit R$...

JPMorgan Sees Uptick in Brazil’s B3 Exchange for November

JPMorgan expects a more favorable foreign capital flow to Brazil's B3 Exchange in November. Despite recent sluggish foreign investments, Pedro Martins Junior of JPMorgan believes...

Brazil’s Top Dividend Payers Cut Back

Petrobras and Vale, Brazil's largest dividend-paying companies, have cut their dividend distributions to shareholders. A study by Meu Dividendo shows their contribution dropped to 38%...

Brazil and Cuba Simplify Agri-Trade with New Deal

Brazil and Cuba have inked a deal to facilitate the trade of dairy, meat, and seafood. This lets Brazilian companies export these products directly to...

Lula’s Fiscal Goal Doubts Impact Stocks and Currency

On October 27, 2023, Brazil's main stock index, Ibovespa, declined due to President Lula hinting at a potential fiscal target challenge for 2024. This index...

National Treasury Raises Alarm Over Brazil’s 2023 Deficit

From January to September 2023, Brazil's leftwing government reported a $22 billion deficit. This is a stark contrast to the $9 billion surplus during...

Mexico’s 2023 Trade Deficit Exceeds $10 Billion in Nine Months

Mexico's trade balance shows a deficit of over $10 billion for the first nine months of 2023. The National Institute of Statistics and Geography (Inegi)...

U.S. GDP Grows 4.9% in Third Quarter, Beats Predictions

In the third quarter of 2023, the U.S. economy grew faster than expected. According to the Department of Commerce, the annualized Gross Domestic Product (GDP)...

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