brazil

Nobel laureate and noted economist Paul Krugman has poured cold water on the concept of a shared currency between Brazil and Argentina, calling it a "terrible idea." What Happened: Krugman on Sunday shared a Financial Times article about economists questioning the South...

Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez have reportedly said the two countries aim for greater economic integration that includes the development of a common currency. "We intend to overcome the barriers to our exchanges,...

Former Brazilian President Jair Bolsonaro was admitted to a hospital in Florida on Monday while 1,500 of his supporters have been taken into custody in Brasilia after rioting in the capital. What Happened: Bolsonaro’s visit to the hospital took place after the former leader complained of...

Elon Musk, CEO of Tesla (NASDAQ: TSLA) and Twitter, is also a news hound who regularly comments on global events - from Brittney Griner’s detention in Russia for cannabis oil possession, constant outrages against women in Iran and now  the violent attack on...

Brazil's Congress, presidential palace and Supreme Court were overrun on Sunday by supporters of the country’s former President Jair Bolsonaro. What Happened: Thousands of people stormed the government buildings in the capital Brasília, according to Reuters. Broadcasts of the...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Given the nickname O Rei (The King) at an early age, soccer star Pelé is considered one of the greatest to ever play the sport. Recognized as a leader for soccer in Brazil, the United States and at several World Cup tournaments, Pelé remains one of the few who can be considered the...

Brazilian President Jair Bolsonaro approved a crypto regulation bill on Thursday morning. The move establishes a comprehensive regulatory framework for the usage and trading of digital assets in the country, according to the federal government’s official journal (DOU). The crypto regulation...

Brazilian legislators have approved the complete regulatory framework for trading and using cryptocurrencies as payment. What Happened: The new bill passed on Tuesday night in Brasilia, the country's capital, recognizes Bitcoin (CRYPTO: BTC) as a digital representation of value that can be...

Investors often short stocks to hedge positions against long positions or as a way to bet against a particular company. Benzinga provides a look at the most shorted stocks here. Exchange traded funds offer investors a way to get exposure to the overall market, certain sectors or countries by...

The 2022 World Cup kicks off with the first of 64 matches on Sunday, Nov. 20. The tournament will see 32 teams compete to win the 2022 World Cup. Here’s a look at who Benzinga employees are rooting for, how far they see the U.S. advancing, and who they think can win the tournament. Benzinga...

The 2022 World Cup games kick off on Nov. 20 with 32 teams competing to win the tournament. Two bettors will be paying close attention to the games, with bets that could pay out six-figure profits. What Happened: Bettors around the world are placing wagers on who they think will win the 2022 World...

The 2022 FIFA World Cup is set to begin this week, with matches kicking off on Nov. 20, 2022. A total of 32 teams will play through a group stage and bracket style tournament to crown a winner. The tournament held in Qatar will feature a total of 64 matches played. To find out who will win each...

A leading digital bank in Brazil reported third-quarter financial results and an update on its growth Monday after market close. Here are the key highlights. What Happened: Fintech company Nu Holdings (NYSE: NU) reported third quarter revenue of $1.31 billion, up 171% year-over-year. Revenue was up...

By Marian Venini via El Planteo On Sunday, Brazil witnessed the most polarized elections in its history, which ultimately led to the victory of the former two-time president, left-wing Luiz Inácio Lula da Silva over far-right candidate Jair Bolsonaro. Lula governed Brazil...