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Tag: China

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13,7% Interest rate Brazil criticized

New Measures expected eyesonbrasil Amsterdam, 26 March 2023– Brazilian President Luiz Inacio Lula da Silva criticized on Tuesday the country’s central bank, saying that an interest rate of 13.75% – its current level – is “irresponsible,” adding he will continue to fight the current level to stimulate the economy. Brazil’s central bank has been holding…
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Putin Latin America

EU plans to stop Russian, Chinese expansion in Latin America

eyesonbrasil Amsterdam, 19 August 2022 — The European Union has finally noticed Russia’s and China’s advancements in Latin America and is devising a series of measures to counter those effects and avoid losing its traditional partners, international press releases reported. According to El País, Europe’s retreat from many countries in the region has left a space, which…
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Forex Most Traded Currency Brazilian Real

Globally the Most Traded Currency

The Brazilian Real 90 000 trades a day Claudio Oliveira Borsa Amsterdam, June 9 2021– Forex is not only the European border control center trying to keep unwanted and illegal immigrants outside its borders. Forex is also the largest currency trading market in the world. This market trades over a trillion dollars a day. The Dollar vs. Real…
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Agriculture Farm Brazil

Brazil: Agricultural World Powerhouse

New Study At What Environmental Costs? AF Amsterdam, 3 June 2021– A study released Wednesday June 2nd 2021, by the Brazilian Agricultural Research Company (Embrapa) of the national Ministry of Agriculture, Livestock and Supply showed the country was the world’s fourth-largest grain producer in the world, it was announced. According to the Embrapa report, Brazil…
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Alibaba China

Digital currency China adds support for AliPay

Alibaba payment app: 700 million users Digital Yuan is mainstream Simon Sharwood Amsterdam, 19 May 2021– Alibaba’s controversial financial services arm, the Ant Group, has been welcomed into trials of China’s digital currency. China’s state-controlled media on Monday reported that the Alipay app has added a feature allowing transactions in the Digital Yuan. Alipay has…
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