Category: Business
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More Stimulus Coming Soon
Some U.S. states are dealing with skyrocketing inflation by granting tax discounts and sending stimulus checks to some families. Many of these checks are arriving now in August. In total, at least 18 states have already issued or will still send payments to their residents. Below is a look at which states these are, how…
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Brazilian Woman Arrested Accused of Misappropriating 4 Million Clients
Raquel Moura Borges, 55, is accused by the Southern District of New York Prosecutor’s Office of securities fraud, wire fraud, and investment advisory fraud through her company, Global Access Investment Advisor LLC (GAIA). She was arrested and faces more than 20 years in prison if found guilty. According to Prosecutor Damian Williams, “Borges promised her…
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Food 50% Cheaper? Where? How?
In times of high inflation, especially with basic food baskets reaching record prices, how about buying some food items 50% cheaper? The way to this great discount is simple and is called Flashfood, an app that helps you find discounted products at nearby supermarkets. The secret behind the 50% lower price is the expiration date.…
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Why are airline tickets to Brazil so expensive right now?
Let’s explain. First, there is a shortage of pilots, many retired early while others were laid off. As there are not enough pilots, dozens of flights to Brazil have been canceled. Now there is less availability of flights and a high demand. This is also causing many delays and cancellations of flights. Additionally, current aviation…
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Why are airline fares high and with few flight offers?
Everyone knows that during the pandemic, hundreds of pilots/crew members requested early retirement and many others were laid off. Unfortunately, during that time, American, Delta, and Latam completely stopped flying to Brazil for almost 2 years, and only United continued with 1 daily flight. Now, post-pandemic, several factors contribute to the rise in prices: a…
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Brazilian Retailer Magalu Pioneers New Form of E-Commerce
Several months ago, I wrote an article for The Brasilians about Lu, the most followed virtual influencer in the world with tens of millions of followers on social media. Lu is the main spokesperson and savvy virtual seller of Magazine Luiza, a giant omnichannel retailer with over 1,300 physical stores and a strong presence in…
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Brazilian Retailer Magalu Pioneers New Form of eCommerce
Several months ago, I wrote an article for The Brasilians about Lu, the most followed non-human influencer in the world, with tens of millions of followers on social media. Lu is the main spokesperson and an omnipresent virtual sales associate of Magazine Luiza, a giant in omnichannel retail with over 1,300 physical stores and a…
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Brazilian Businesswoman Based in the USA Creates Incentive Platform for Women 40+
Adriana Liberato is a Brazilian businesswoman who, at 50 years old, married and a mother of two, has gone through an evolutionary process of creation. This fierce woman from Bahia has always been involved in social causes, although what she truly enjoyed was her mega fashion productions. She is the creator of the Proud Over…
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Brazil receives over 50 medals at the world cheese ‘Olympics’
Mandala 12 meses, Monto da Serra, Canastra reserva do Ivaí, Canastra Serjão Maturado, and Queijo Minas Artesanal Quilombo na Cachaça are types of cheese that have received recognition for their quality at the World Cheese and Dairy Products Competition, organized by the French entity Guilde Internationale des Fromagers. In addition to these five Brazilian products,…
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Petrobras announces sale of assets in the Potiguar Pole
Petrobras, continuing the announcements made on 12/23/2020, 08/27/2021, and 01/19/2022, informs that the Company’s Board of Directors, in a meeting held today, approved the sale of its entire stake (100%) in a set of 22 concessions for onshore and shallow water production fields, along with its processing, refining, logistics, storage, transportation, and oil and natural…