Pix Sets Single-Day Transaction Record as Brazil Fights US Tariff Case and Pursues Global Links
Technology

Pix Sets Single-Day Transaction Record as Brazil Fights US Tariff Case and Pursues Global Links

Brazil's Pix processed 318.1 million operations on Friday, a record that arrives amid Washington's 25% tariff justificat...

Eitan Shapiro 👁 17 💬 0
Brazil Central Bank Liquidates Simpala Finance Company and Consórcio Administrator
Companies

Brazil Central Bank Liquidates Simpala Finance Company and Consórcio Administrator

Deposits at Simpala S.A. Crédito, Financiamento e Investimento are covered by Brazil's FGC within limits, but consortium...

Declan Byrne 👁 44 💬 0
Simpala Liquidation: FGC Tells 21,000 Creditors How to Claim Up to R$250,000
Personal Finance

Simpala Liquidation: FGC Tells 21,000 Creditors How to Claim Up to R$250,000

The FGC says reimbursements have not begun after the Central Bank liquidated Simpala Financeira, and creditors should co...

Shira Katz 👁 36 💬 0
Brazil's Gross Public Debt Hits 81.9% of GDP, Highest Since 2021
Economy

Brazil's Gross Public Debt Hits 81.9% of GDP, Highest Since 2021

Brazil's gross government debt rose 0.9 percentage points in June to 81.9% of GDP, the highest since April 2021, as inte...

Niamh O'Sullivan 👁 33 💬 0
Argentine Peso Stable, Gap from Devaluation Ceiling Widens as Reserves Climb
Economy

Argentine Peso Stable, Gap from Devaluation Ceiling Widens as Reserves Climb

The official wholesale dollar held at ARS 1,497, far from the ARS 1,839.93 band ceiling, while the blue dollar hit a new...

Niamh O'Sullivan 👁 43 💬 0