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Montevideo, November 24th 2024 - 17:57 UTC

 

 

Brazil: Selic cut for fourth time in a row

Friday, December 15th 2023 - 10:36 UTC
Full article 4 comments

Brazil's Central Bank (BCB) cut the Selic benchmark rate for the fourth consecutive time, from 12.25% to 11.75% per annum, in line with market expectations, it was reported in Brasilia. The Selic is now at its lowest level since reaching 10.75% in March 2022. Read full article

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  • Brasileiro

    https://www.youtube.com/watch?v=ylwZxe38P7o&list=RDEMwxKA-ZpuXm8jzZN_YyG95Q&index=27

    Dec 15th, 2023 - 03:39 pm - Link - Report abuse -1
  • FortHay

    Yeah, but the dollar still exchanges at slightly under 1 : 5 A projected windfall tax income from charging the 'super rich' is likely to be a virtue posturing pipe dream. The so called 'super rich', did not become so wealthy by being entirely gullible or stupid. In every instance that I am aware of, such schemes in other jurisdictions have failed to provide any meaningful revenues and the 'super rich' merely evaded to tax havens more amenable to their portfolios.

    Dec 15th, 2023 - 05:47 pm - Link - Report abuse 0
  • Brasileiro

    I love my country!

    https://www.youtube.com/watch?v=F8YClcLiN4Q

    Dec 16th, 2023 - 10:38 am - Link - Report abuse -1
  • Pugol-H

    FortHay
    Yep, they just move their money somewhere else.

    Until they come up with some international agreement on taxation for the super-rich it will continue to happen.

    And I see the chances of that as Zero.

    Bras
    Your back!!!

    We have had some Muppet posting on other threads as you.

    But his English was far too good and he was completely bitter and twisted, dead giveaways.

    Just say something stupid in bad English and we will know it’s really you.

    Dec 18th, 2023 - 02:17 pm - Link - Report abuse 0

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