WisdomTree Investments, Inc. (WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, today announced that two European WisdomTree UCITS ETFs have been listed on the Mexican Stock Exchange, Bolsa Mexicana de Valores, S.A.B. de C.V. Both ETFs are listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones.
BRASÍLIA-- Brazil's central bank cut its benchmark interest rate as expected Wednesday, as consumer price increases remain under control amid a yearslong economic slowdown that has defied government efforts to boost growth. The bank cut the benchmark Selic rate to a record low of 5.5% from 6%, with at least one more trim expected to come this year. Economists surveyed weekly by the central bank see the Selic at 5% at year's end.
BRASÍLIA-- Brazil's central bank cut its benchmark interest rate as expected Wednesday, as consumer price increases remain under control amid a yearslong economic slowdown that has defied government efforts to boost growth. The bank cut the benchmark Selic rate to a of 5.5% from 6%, with at least one more trim expected to come this year. Economists surveyed weekly by the central bank see the Selic at 5% at year's end.
Brazil's central bank cut its benchmark interest rate to a new record low of 5.50% on Wednesday as expected and suggested more rate cuts are in the pipeline, highlighting an increasingly uncertain global outlook and tame domestic inflation.
The Brazilian central bank cut its benchmark interest rate by 50 basis points to a new record low of 5.50% as expected on Wednesday, its latest attempt to inject life into a sluggish economy and steer inflation back up towards target.
Latin American markets were on the back
foot on Wednesday led by losses in Brazilian assets with
investor attention focused on monetary policy decisions in the
United States and Brazil.
Reform of Brazil's complex tax system will not include a financial transactions tax or reductions to companies' payroll tax contributions, the Senator in charge of steering the bill through Congress said on Wednesday.
Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company's statements shows.
Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company's statements shows.
An industry group representing Florida banks pushed for an exemption to U.S. sanctions on Venezuela that were issued last week, executives said on Tuesday, arguing the measures had affected customers with no ties to President Nicolas Maduro.
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