Once among the world's investor darlings, Petrobras dropped from the list of top global dividend payers The reason? A big cut in dividends. This cut also lowered Brazil's total investor payouts by 53%, says a Janus Henderson report. In Brazil, annual dividend payments fell from US$7.7 billion to US$4.3 billion between April and June. Swiss […]
Factory activity in Brazil slowed down in July 2023. A study shows less revenue and fewer work hours in the manufacturing sector. Economist Larissa Nocko points to tight money policy and bad credit conditions. These factors hurt the manufacturing sector. The upbeat mood from 2021 and 2022 has faded. Compared to last month, revenue fell […]
Brazil's new Supreme Court (STF) Justice Cristiano Zanin, 47, wraps up his first month on the STF today. He faces both criticism and praise. Nominated by President Luiz Inácio Lula da Silva, Zanin replaced Ricardo Lewandowski. Lewandowski retired early in April 2023. Zanin's Senate confirmation received overwhelming support. He got 21 votes in the Judiciary […]
On September 2, the Colombian government and FARC dissidents agreed to renew ceasefire talks. The decision comes after a pause since last May. The High Commissioner for Peace made the announcement. They met for two days in Suárez, a town in Cauca. Both parties will set up a new dialogue table. This table will have […]
