Unlocking Green Finance: Brazil’s Push for Access to Global Funds
Brazil is taking proactive steps to streamline access to major green funds, considering it a critical action and top priority during its presidency of the G20 group this year. Ivan Oliveira, the coordinator of the G20 Finance Track’s Sustainable Finance Working Group, highlighted this objective during a press conference, underscoring the need to simplify the […]
Brazil’s supreme court suspends Telegram
Brazilian Supreme Court Justice Alexandre de Moraes ordered the suspension of messaging app Telegram. They said that it had repeatedly refused to adhere to judicial orders to freeze accounts spreading disinformation. Telegram founder and CEO Pavel Durov apologized for the company’s negligence, and asked the court to delay its ruling for a few days as […]
Exclusive Brazil’s NU Bank readies U.S Stock Market Listing Sources
Brazilian digital bank Nubank has initiated preparations for a U.S. stock market listing. As yearly as this year this would come, according to some people well versed with this matter. In recent years, it would be one of the biggest stock market debuts of a South American company. David Velez, a Stanford-educated Colombian founded the Sao […]
Central Brazil’s coping mechanism
For their reputation for outstanding performances during the crisis, the Brazilian banks have earned the trust. With the resilience to financial crises because of capitalization level which are higher than the international average with strict controls and prudent regulations with the implementations of Basel guidelines. The characteristics seem to have developed since the late 1990s […]