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South Korea’s acting president faces impeachment vote as currency plunges | Politics News

Main opposition Democratic Party’s bid to suspend acting leader Han Duck-soo plunges country into further uncertainty. South Korea’s legislature is set to vote on the impeachment of its acting president as ongoing turmoil in Asia’s fourth-largest economy sent the won plunging to levels not seen since the 2007-2009 global financial crisis. The main opposition Democratic […]

Brazilian Market Turbulence: Ibovespa Plunges Amid Tax Reform Rumors

The Brazilian financial market experienced significant volatility on Wednesday, November 27, 2024. The Ibovespa, Brazil’s main stock index, dropped by 1.73% to 127,668.61 points, shedding over 2,000 points during the trading session. This decline was primarily driven by rumors of a potential income tax exemption announcement alongside a fiscal package. The US dollar reached a […]