Category: Business
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Trump Imposes 50% Tariff on Brazil, Criticizing Treatment of Former President Jair Messias Bolsonaro
President Trump sent a letter to inform the Brazilian president that he plans to impose a 50% tariff on “any and all Brazilian products sent to the United States” starting August 1st. Trump posted the letter on social media on Wednesday afternoon (9th), his 22nd such letter this week. However, this letter diverged significantly from…
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Elon Musk Loses R$ 70 Billion as Tesla Shares Plunge After Launching Political Party in the US
The political uproar caused by billionaire Elon Musk has once again directly impacted the financial markets. On Monday (7), Tesla shares plummeted more than 4%, amplifying accumulated losses from recent months and causing a US$13.5 billion (approximately R$ 70 billion) reduction in the entrepreneur’s fortune. The information is from Reuters agency. The negative movement gained…
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Trump Threatens Countries That Ally with BRICS with 10% Tariff
Amid the BRICS summit, a significant event in international relations, which is taking place in Rio de Janeiro, the President of the United States (USA), Donald Trump, threatened extra taxes on products from countries that align with the group, formed by 11 nations, including Brazil, Russia, India, China, and South Africa. The BRICS summit is…
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U.S. Court Summons Moraes for ‘Censorship’ in Lawsuit Filed by Big Techs
The United States court has summoned Supreme Federal Court (STF) Justice Alexandre de Moraes to formally respond to a lawsuit filed by Trump Media — the company of U.S. President Donald Trump — and the video platform Rumble. The information comes from Infomoney. The two companies accuse the Brazilian magistrate of censorship, arguing that he…
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Elon Musk loses R$ 70 billion as Tesla shares fall after launch of political party in the US
The political turbulences stemming from billionaire Elon Musk have once again directly impacted the financial markets. On Monday (7), Tesla shares plummeted more than 4%, widening the accumulated losses from recent months and causing a reduction of US$ 13.5 billion (approximately R$ 70 billion) in the businessman’s net worth. The information comes from Reuters. The…
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Milei pressures for trade opening in Mercosur: “we will do it together or alone”
During his closing speech of Argentina’s pro tempore presidency in Mercosur, President Javier Milei made clear the priority of his administration: opening new markets for Argentine exports. Milei advocated for a more flexible bloc with fewer internal barriers, describing the current model as restrictive: “it cannot continue to be an iron curtain for its members,”…
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Milei Pushes for Trade Liberalization in Mercosur: “We’ll Do It Together or Alone”
In his closing speech as pro tempore president of Argentina in Mercosur, President Javier Milei made clear his government’s priority: opening new markets for Argentine exports. Milei advocated for a more flexible bloc with fewer internal barriers, describing the current model as restrictive: “it cannot continue to be an iron curtain for its members,” Milei…
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Indigo Jeans Are Synonymous with American Style Again
The iconic indigo jeans that help define the youthful image of the United States – derived from cultural references like the rebellious outfit of movie star James Dean or the album covers of rock musician Bruce Springsteen – are being manufactured again in the US. American workers were already wearing indigo jeans in 1873, when…
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Brazilian Sugarcane Bagasse Transformed into Eco-Friendly Packaging for Electronics
Researchers from the National Center for Research in Energy and Materials (CNPEM) have developed a new antistatic and sustainable packaging made from sugarcane bagasse and carbon black – a material derived from the incomplete combustion of vegetable matter, such as coal and coal tar, or petrochemical products. The material was designed to increase safety and…
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Brazil Declares Itself a Country Free of Avian Flu
Brazil has once again become a country free of avian influenza, after complying with the international protocols that stipulate, among other measures, a 28-day period without new cases in commercial poultry farms. The official announcement of the fulfillment of the sanitary void period was issued by the Ministry of Agriculture and Livestock (Mapa), in a…