The week was marked by important movements in the economy, politics and international scenario. The dollar continued its fall trajectory and reached the lowest level since 2022, while in the business sector, shares of large European companies have been devalued after changes in Brazil. In the political field, the Federal Supreme Court (STF) ruled to maintain the arrest of former President Fernando Collor. Abroad, Mexican President Claudia Sheinbaum reinforced interest in strengthening relations with Brazil, and the world said goodbye to Pope Francis in a historic ceremony.
Dollar lost global value and has fallen to the lowest level since 2022
ICE’s Dyx Index, which measures the US currency compared to a basket of foreign currencies, hit 97.92 last Monday, the lowest level since 2022. US currency was impacted by the expectation of interest cutting in the United States and the search for investors for higher risk assets. The movement has had effects on emerging markets, boosting coins like the Brazilian real.
Claudia Sheinbaum wants Brazil as a strategic partner
Mexico President Claudia Sheinbaum classified this Thursday, Brazil as a power in the aircraft industry and said she wanted the country as a strategic partner in the aerospace sector. The statements reinforce the perspective of approximation between the two largest economies in Latin America.
European companies plummeted after change in the meal voucher in Brazil
The Brazilian government’s decision to allow the replacement of the payment voucher for PIX payment has had a strong impact on European benefit sector companies. Giants like Edenred and Sodexo have registered falls of over 10% on European scholarships, highlighting the weight of the Brazilian market for these companies.
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STF decides to keep the prison of former President Collor
The Federal Supreme Court (STF) made a majority to maintain the arrest of former President Fernando Collor, convicted of passive corruption and money laundering. To date, six court ministers have voted to maintain the minister’s individual decision. However, despite the majority formed, the trial was not finalized.
Papa Francisco is honored in a historical funeral
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Pope Francis’ funeral mobilized leaders and faithful from around the world in a historic Vatican ceremony. The event was accompanied in real time and marked goodbye to the Pontiff who led the Catholic Church focused on inclusion, simplicity and renewal, leaving a global legacy of transformation.
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