Bloomberg Venezuela and Colombia officials opened the Atanasio Girardot international bridge, allowing vehicles carrying both passengers and cargo to cross the border between both countries. Completed in 2016 but never used, the bridge also known as Tienditas was inaugurated with a ceremony led by authorities from both countries, including Colombia’s commerce minister German Umana and transportation minister Guillermo Reyes, ...

Bloomberg Brazilian assets tumbled on the first session of 2023 as traders digested plans by President Luiz Inacio Lula da Silva to use state-owned companies to drive economic growth. Petrobras slumped as much as 6.9% in Sao Paulo, the main drag on the benchmark Ibovespa index, which fell 3.1% as of 11:47 am. Lender Banco do Brasil SA dropped as ...

  Bloomberg Scion Asset Management founder Michael Burry said while inflation has peaked, it is likely to pick up again in response to government stimulus. “The US in recession by any definition,” Burry, the investor made famous by Christian Bale in the 2015 movie The Big Short, said on Twitter. “Fed will cut and government will stimulate. And we will ...