Category: Brazil
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BTG Pactual Conference Brings Together 160 Companies from Latin America
From October 11 to 13, BTG Pactual, the largest investment bank in Latin America, held the first in-person edition of the CEO Conference in New York since the pandemic, with participation from over 160 organizations and 350 investors. In total, 1,600 meetings were held with CEOs and CFOs of companies based in Latin America –…
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Brazilian Fintech Giant Expands Its Payment Solutions to Africa
EBANX, a global payment fintech company founded in Brazil in 2012, announced that it is expanding its operations and payment solutions outside of Latin America for the first time during the sixth edition of the annual Latin America Summit in Mexico City. After growing its presence in 15 Latin American countries for over a decade,…
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IBM Study: Consumers Are Ready to Spend for the Holiday Season, but Uncertainty Looms
According to IBM’s annual study, many global consumers are ready to celebrate the holiday season again and will shop earlier, but new economic and political uncertainties loom over their plans.
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Brazil Registers Highest Spending by International Tourists in September Since 2016
Visitors from other countries spent US$ 416 million in Brazil in September, according to the Central Bank. This was the highest rate for the month since 2016, when the Olympic and Paralympic Games were held in Rio, with recorded revenues of US$ 446 million. From January to September this year, spending by international visitors exceeded…
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Class action for debt renegotiation begins in Brazil
Throughout this month, indebted Brazilians will have the opportunity to improve their credit score. The second national round of debt negotiation and financial guidance this year takes place from November 1 to 30, an initiative that involves the participation of the Central Bank, the Brazilian banking federation Febraban, and consumer protection agencies. The initiative offers…
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World’s First Non-Fungible Territory Declared by Indigenous Communities in Brazil
The World’s First Non-Fungible Territory was officially declared by indigenous peoples in Brazil in coalition with Nemus, a Web3 company that sells Non-Fungible Tokens (NFTs) to protect the Amazon Rainforest. Digital NFTs are unique, encoded on the blockchain, and irreplaceable. Each one is a unique asset — just like the Amazon. Around the world, indigenous…
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US-Brazil Investigation Leads to Dismantling of Cryptocurrency Fraud Network
A Federal Police investigation, along with the U.S. Homeland Security Investigations (HSI) and various law enforcement partners, resulted in the dismantling of a transnational cryptocurrency fraud network based in Curitiba, Brazil. As part of Operation Poyais, the Federal Police executed 20 search and seizure warrants in the states of Paraná, Santa Catarina, São Paulo, and…
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Brazilian Alex “Poatan” is UFC Middleweight Champion
Alex “Poatan” Pereira, the only man to knock out Nigerian Israel Adesanya, stopped him again by technical knockout at 2 minutes and 1 second of the fifth and final round of the main event at UFC 281 at Madison Square Garden in New York on Saturday, November 12. With the victory, Poatan claimed the UFC…
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Airfare Prices Remain High, But You Don’t Have to Stop Traveling
The year-end holidays are here, and for many people, the price of airline tickets is the main concern. From April to August of this year, searches on Google for “cheapest airline tickets” increased by more than 240% in the US. How to find cheaper flights? Industry experts say your chances of finding lower prices increase…
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Son of Brazilians Elected as Congressman in NY
Republican George Devolder-Santos defeated Democrat Robert Zimmerman in New York’s 3rd Congressional District, located in Nassau County on Long Island. This was the first general election for the U.S. House of Representatives with two openly gay candidates running against each other. This is also the first time a Brazilian-American has been elected to Congress. George…