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Новости за 09.05.2024

The Rise of Congressional Authority in Brazil

«The Rio Times» 

(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power dynamic between the Executive and Legislative branches. These adjustments significantly altered the management of presidential vetoes, amplifying Congress’s role in governance. Previously, Brazilian presidents exercised considerable power, vetoing legislation with minimal resistance. Now, Congress must review and address these vetoes within […]

BoE leaves key rate unchanged at 5.25%; moves closer to first rate cut since 2020

Economictimes.indiatimes.com 

The BoE said on Thursday its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25% after Deputy Governor Dave Ramsden joined Swati Dhingra in voting for a cut to 5%. The MPC has now kept rates on hold at six meetings in a row but it hinted that a first cut since March 2020 at the onset of the COVID-19 pandemic could come as soon as its next meeting in June, a potential boost for Prime Minister Rishi Sunak.

Paytm app launches auto-rickshaw booking feature via ONDC

Economictimes.indiatimes.com 

Paytm introduces auto-rickshaw booking on its app through ONDC and Namma Yatri for users in NCR, Bengaluru, and Chennai. ONDC tab includes food, groceries, and rides. Pai Platforms facilitates the service with significant mobility transactions.