Brazil's treasury will end this year with a cash position strong enough to cover debt payments of around 600 billion reais coming due in the first four months of next year, Treasury Undersecretary Jose Franco said on Friday.
Brazil's treasury will end this year with a cash position strong enough to cover debt payments coming due in the first four months of next year, Treasury Undersecretary Jose Franco said on Friday. Speaking in an online presentation, Franco also said there is no funding pressure for the remainder of this year as only 14 billion reais of debt is due to mature in November and December.
Brazil's government may revise its official 2020 economic growth forecast of -4.7%, an Economy Ministry official said on Friday, adding that the economy is in a strong "V-shaped" recovery from the worst of the COVID-19 crisis earlier this year.
Speculators reduced their net short dollar positions in the latest week to the lowest since late July, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position fell to $25.93 billion in the week ended Oct. 27, compared with a net short of $27.05 billion the previous week.
Bridge Bancorp Inc (BDGE): * BRIDGE BANCORP, INC. AND DIME COMMUNITY BANCSHARES, INC. ANNOUNCE RECEIPT OF BANK LEVEL REGULATORY APPROVAL FROM THE FEDERAL RESERVE BOARD OF GOVERNORS Source text for Eikon: Further company coverage:
Brazil's government on Friday revised its 2020 debt and deficit forecasts to new record highs to take into account the heavy borrowing and spending needed to support individuals, businesses and local authorities from the COVID-19 crisis.
Brazil's government on Friday revised its 2020 debt and deficit forecasts to new record highs to take into account the heavy borrowing and spending needed to support individuals, businesses and local authorities from the COVID-19 crisis.
- With the presidential election drawing near, a litany of data released this week shows the U.S. economy continues to climb out of the recession caused by the coronavirus pandemic, but progress is slowing.
With the presidential election drawing near, a litany of data released this week shows the U.S. economy continues to climb out of the recession caused by the coronavirus pandemic, but progress is slowing.
The United Kingdom reported on Friday 24,405 new cases of COVID-19 and a further 274 deaths within 28 days of a positive test, according to government data.
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