Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Brazil is considering a major shift in how investment funds are managed. The country's finance chief wants the central bank to take charge of overseeing these funds. This change could make the financial system more stable and secure. The idea came up after a bank called Banco Master SA ran into tro
Brazil's finance chief, Fernando Haddad, is pushing for a major shift in how the country's investment funds are overseen. He wants the central bank to take on this role, which is currently handled by the CVM, the securities regulator. This idea is still up for discussion among key government bodies,
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Brazil's President, Luiz Inacio Lula da Silva, strongly criticized the U. S. for its recent military actions in Venezuela. He stated that the U. S. had crossed a line that should not be crossed. Lula believes that these actions are a serious threat to Venezuela's independence and set a dangerous exa
Brazil's highest court made a big move. They decided to lock up Silvinei Vasques, the former head of the federal highway police. He was caught in Paraguay trying to skip town. Vasques was on the run after breaking his court-ordered ankle monitor. This guy was no small fish. He was sentenced to over
Brazil's commitment to lung health is not just a recent trend. It's a journey that has been ongoing for decades. At the heart of this journey are two key players: a society and a journal. Both have been working quietly but effectively to improve lung health in the country. First, let's talk about t
Brazil's congress has given a boost to Jair Bolsonaro, the ex-president who was handed a 27-year prison term for plotting to overthrow the government after the 2022 elections. The new law, which has been cleared by both the lower house and the senate, could cut Bolsonaro's time behind bars significa
Brazil is becoming a hotspot for crypto investments. A new player, Valour, just got the green light to launch a Solana ETP on the B3 exchange. This means Brazilian investors can now easily add Solana to their portfolios without dealing with the complexities of direct crypto trading. Valour already
