Category: Economy
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What Role Do Small Businesses Play in the American Economy?
The development of small businesses in the U.S. declined in the four decades before the pandemic — but since 2020, this segment of the private sector has driven most job creation.What is considered a small business?The Small Business Administration (SBA) generally defines any independent business with fewer than 500 employees as a “small business.”How many…
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Poverty and Extreme Poverty Reach Lowest Level in Brazil Since 2012
Brazil ended 2023 with the lowest levels of poverty and extreme poverty recorded since the Social Indicators Synthesis began in 2012, by IBGE, the government statistics agency. However, despite this improvement, data released on Wednesday in December revealed that 58.9 million people still live in poverty, with 9.5 million in extreme poverty. The study focuses…
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Brazil Approves Spending Cuts, But Financial Markets View Changes with Pessimism
Brazil recently approved a Constitutional Amendment that cuts government spending. The amendment makes changes to mandatory revenues with the aim of improving the federal government’s fiscal balance. Among the changes are those that allow adjustments to the salary cap for public servants, the rules for granting the Continuous Cash Benefit (BPC), the salary bonus, the…
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Brazil Expects Record Summer for International Tourism
The Brazilian tourism authority, Embratur, expects the summer of 2025 to be a record season for international tourism both in Brazil and in Rio de Janeiro. From January to March next year, 4.5 million seats will be available on international flights to Brazil, the largest number in history, the agency reported. The countries that stand…
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Reconstruction: Lula Says “2025 Is the Year of Harvest”
President Luiz Inácio Lula da Silva highlighted, in a year-end interview, that the population will reap the results of the restructuring and relaunching of programs and policies that have been resumed and implemented since the beginning of his administration.
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Real Hits Historic Low and Exceeds R$6.30
The real is plummeting. Never before has the Brazilian currency been so weak against the US dollar since its creation in 1994. The Brazilian currency reached its weakest mark ever, R$ 6.3139 against the dollar on Wednesday (18). Weighing even more on the real, the US Federal Reserve cut interest rates and signaled it will…
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Brazil Expects Record Summer for International Tourism
Brazil’s tourism authority, Embratur, expects the summer of 2025 to be a record season for international tourism both in Brazil and in Rio de Janeiro.
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Brazil Expects Record International Tourism This Summer in the Southern Hemisphere
Brazil’s tourism authority, Embratur, expects the summer of 2025 to be a record-breaking season for international tourism, both in Brazil and in Rio de Janeiro. From January to March next year, 4.5 million seats will be available on international flights to Brazil, the highest number in history, according to the agency. The countries that stand…
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Will the U.S. Overcome Its Real Estate Crisis Next Year?
The U.S. real estate market in 2024 was the slowest in three decades. The last time sales fell this much was in 1995, when the U.S. population was 22% smaller than it is today. Next year may not be much better. It will depend on how many new homes are built. The story of the…