Joaquim Levy's speech from Safra is featured in Money Times this Wednesday (25) (Image: Freepik)
'Nobody is seeing anything catastrophic in Brazil', he says Joaquim Levyfrom Safra and is featured in Money Times this Wednesday (25).
The market has been falling in recent weeks amid fears of inflation high, elevation of fees and mismatches in the public accounts. Since the year's highs, the Ibovespa has fallen by 5%. An unfreezing of R$1.7 billion in spending has helped to worsen the bad mood.
But for Levy, director of Economic Strategy and Market Relations at Harvestthe scenario is not one of a 'catastrophe', despite the challenges. “There are challenges every day, but I don’t think anyone is seeing anything catastrophic in Brazil.”
Check out the main highlights in Money Times and others newspapers this morning.
Economy
'Nobody is seeing anything catastrophic in Brazil', says Joaquim Levy, from Safra – The market has been falling in recent weeks amid fears of inflation high, elevation of fees and mismatches in the public accounts. Since the year's highs, the Ibovespa has fallen by 5%. An unfreezing of R$1.7 billion in spending has helped to worsen the bad mood. – Money Times
Demand-driven inflation accelerates faster and weighs on the IPCA – Economic Value
Bolsa Família beneficiaries transferred R$3 billion via Pix to betting companies, says BC – State
Companies/Markets
Porto Seguro (PSSA3) pays R$263 million in interest on equity – A Safe Haven (PSSA3) informed the market that the board of directors approved the payment of interest on equity (JCP), relating to the third quarter of 2024, in the gross amount of R$ 263 million. – Money Times
CVPar will act as a 'light brokerage' in partnership with BTG – Economic Value
Prio moves to buy Chinese stake in RJ oil field – S. Paulo Newspaper
Policy
Municipal Elections 2024: What documents should I bring when voting? – As municipal elections are almost here. On October 6th and 27th, the first and second rounds, more than 153 million Brazilians will be able to go to the polls to choose their candidates for city councilor and mayor. To vote, all you need to do is bring an official document with a photo. – Money Times
TCU audit says Lula government overrode Petrobras board to appoint secretaries – The Globe
Nunes tries to overcome Marçal's riots, and Boulos surfs with rivals' fight in São Paulo – S. Paulo Newspaper