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The Brazilian government improves forecast for a primary budget surplus of $4 billion in 2022 by Reuters

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© Reuters. FILE PHOTO: A homeless person walks near the Economy Ministry building in Brasilia, Brazil on March 23, 2022. REUTERS/Osli Marcelino/File Photo

BRASILIA (Reuters) – Brazil’s economy ministry on Tuesday expected a primary budget surplus of 23.361 billion reais ($4.37 billion) for the central government this year, according to its latest fortnightly report on revenues and expenditures.

Expectations were better than a surplus of 13.548 billion riyals in September.

($1 = 5.3517 riyals)

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The former US head of FTX is reportedly seeking $6 million in funding to launch Cointelegraph

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Just a month after the controversial fallout Sam Bankman FriedFTX’s FTX stock exchange and 130 affiliates, and a former high-profile CEO is reportedly looking for investors to launch a crypto company.

Former FTX US President Brett Harrison is looking for $6 million in funding to launch a startup that will build cryptocurrency trading software for major investors, depending to the information. Harrison’s funding round will be for $60 million.