Wednesday , 11 February 2026

Recent Posts

Brazil’s fiscal accounts were a nasty surprise to Temer’s team

  Bloomberg Brazil’s fiscal accounts were in worse shape than initially thought after the suspension of Dilma Rousseff, underscoring the challenge facing the country’s new economic team, acting President Michel Temer said. “It was surprising, in a negative way, what we encountered,” Temer told the Folha de S. Paulo newspaper in an interview on its website. “The fiscal accounts were …

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Wal-Mart Canada to stop accepting Visa cards

  Bloomberg Wal-Mart Canada, a unit of Wal-Mart Stores Inc., said it will no longer accept Visa credit cards because the fees applied to purchases are too high. “To ensure we are taking care of our customers’ best interests and delivering on our promise of saving customers money, we constantly work to reduce our operating costs, including credit card fees,” …

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Uruguay to export energy to Argentina

Bloomberg Ventus Ingenieria SRL, a Uruguayan wind-farm developer, is close to receiving a permit to export electricity to Argentina amid an excess of power generation in its home market. Uruguay’s government is considering a temporary permit to accelerate the deal while the government works through the standard regulatory procedures, according to Francis Raquet, a director at Ventus. The Montevideo-based company …

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