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Economy And The Numbers

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The Brazilian government has reached an agreement Thursday night with truck drivers to suspend their strike for 15 days. The deal should buy some time for politicians to find a way to cut fuel prices, but part of the drivers rejected the proposal, and president Michel Temer ordered national security...

The Brazilian Treasury Department announced three extraordinary debt auctions for next week, in response to "current market conditions" and to "support the local public debt markets" functioning. The Treasury Department said that it would launch auctions to purchase or to purchase and sell NTN-F -...

Ibovespa, the benchmark stock market index in Brazil, fell 1.52% to 78,897.66 points Friday - the lowest closing level since January 10, amid fears that the Brazilian government will be unable to defuse protests from truck drivers against high and volatile diesel oil prices. In the week, Ibovespa decreased...

Colcap, the benchmark stock market index in Colombia, fell 0.13%, to 1,526.36 points, with traders adopting a defensive stance before the first round of the country's presidential elections. In the week, the Colcap fell 0.38%. Rodrigo Sanchez, an analyst at Ultraserfinco, said that the index reflected...

Brazilian President Michel Temer ordered national security forces to clear all of the roads that are currently blocked by truck drivers. His decision came after some truck drivers refused to end the demonstrations against high diesel oil prices in spite of the government's commitment to lower federal...

Brazil is still under a mild economic recovery, but the outlook for the future is "uninspiring" if the country refrains from adopting structural reforms, according to the International Monetary Fund (IMF). "The output gap is large, public debt is high and increasing, and, more importantly, medium-term...

The one-day interbank deposit futures rates (DI rates) in Brazil are unchanged in the start of the session, as traders analyze the consequences of a deal between the government and truck drivers to end a five-day strike that led to fuel and food shortages in Brazilian cities. The January 2019 DI contract...

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spain-governor-crypto-risk-052518.jpg The head of Spain's central bank has said that he believes cryptocurrencies currently present "more risks than benefits." At the same time, he is appreciative of the blockchain technology, which, according to him, has the potential to improve efficiency and reduce costs. Banco de Espana (Bank of Spain) Governor Luis Maria Linde shared his views on cryptocurrency and blockchain while addressing a

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