Category: Economy
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Airlines Cut Seats to the U.S. as Canadians Avoid the Country
Airlines are reshaping their plans as Canadians avoid trips to the U.S. amid a growing trade war, leading to significant seat reductions and changes in travel agency promotions.
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American Stock Market Plummets After Trump’s Tariff Announcement
Wall Street fell sharply on Thursday (3), following a decline in global markets in response to President Donald Trump’s major round of tariffs on U.S. imports. The S&P 500 dropped more than 4%, a huge daily decline for the index, echoing steep declines in Asia and Europe as investors reacted to the tariffs. The financial…
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Trump Imposes High Tariffs; Some Key Partners Hit Hard
American President Donald Trump announced his highest and most comprehensive tariffs in a ceremony at the White House on Wednesday (2), stating that he will impose a 10% tax on all trading partners except Canada and Mexico, as well as double-digit tariffs on dozens of other countries. The measure was a significant escalation of Trump’s…
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How the IRS Decides Whether or Not to Audit You
The deadline for filing income tax returns is approaching on April 15. Those who have been audited by the American IRS know that the process can be tedious, lengthy, and often costly, as the auditor almost always finds a way to make you pay for something that was overlooked.How to avoid being audited?The best way…
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More than 500 thousand international tourists visited Rio in two months
More than half a million international tourists visited the state of Rio de Janeiro in the first two months of 2025, according to data from the National Immigration Council. There were 262,108 arrivals in February and 240,151 in January, totaling 502,259 foreign visitors, a 50% increase compared to the same period last year. The tourists…
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Christ the Redeemer is the Most Sought-After Attraction Abroad in 2024
The Christ the Redeemer Monument remains the most sought-after destination in Brazil among international tourists on internet search sites. By 2025, Rio is already the main booked destination. Rio de Janeiro also leads the ranking of the ten most searched Brazilian attractions on the internet, with Christ the Redeemer at the top of the list,…
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After Floods, Serra Gaúcha May Take 40 Years to Recover Soil
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Due to the floods in April and May of last year, Serra Gaúcha lost more than 85% of the carbon stock in the soil of the region’s orchards. Replenishing this important nutrient may take between 14 to 40 years. The information comes from a study released by agronomy professor Gustavo Brunetto from the Federal University…
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Inflation is Leading Consumers to Identify Their Priorities
As Americans deal with inflation, 76% are cutting back on spending, according to the second annual Wells Fargo Money Study.
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Consumer Confidence is Falling – Rapidly – in the U.S.
Happy consumers spend more money—on products and services. Chain Store Age (CSA) reports that “consumer confidence took a significant hit in March.” The University of Michigan’s Consumer Sentiment Index fell 11% to its lowest level since November 2022, marking three consecutive months of declining consumer confidence. In fact, it is 22% below December 2024. The…
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Strategies to Reduce Your Debt
Are accumulated debts causing you stress? If so, you are not alone. The average consumer debt is on the rise in the United States. Consider the money management strategies below to take control of your debt, along with tips to leverage new tools to reduce your spending. – Have a complete view. Take a 360-degree…