Category: Economy
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Federal Reserve Cuts Interest Rates Again in the U.S.
Authorities from the Federal Reserve (Fed), the American tax agency, cut interest rates again on Thursday (7). This is their second reduction of 2024 and the latest sign that policymakers believe inflation is finally coming under control. The interest rates were reduced to a range of 4.5 to 4.75%. The Fed’s move comes two days…
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Almost 16.4 Million People Live in Favelas in Brazil, Census Reveals
Brazil has 16.390 million people living in favelas and urban communities, which represents 8.1% of the population, according to the 2022 Census supplement.
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Nearly 16.4 Million People Live in Slums in Brazil, Census Reveals
Brazil has 16.39 million people living in slums and urban communities, representing 8.1% of the total population, according to the 2022 Census released by IBGE.
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Record Number of Wealthy Americans Planning to Leave the U.S. After Election
A growing number of wealthy Americans are making plans to leave the country after Tuesday’s election (5), with many fearing political and social unrest, regardless of who wins, according to various immigration lawyers. Lawyers and consultants for high-net-worth families said they are seeing record demand from clients seeking second passports or long-term residences abroad. While…
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With the Best September in History, Brazil Attracts 4.9 Million International Tourists in 9 Months
Brazil has been attracting more and more foreign visitors. Between January and September 2024, the number of tourists coming from other countries grew by 12% compared to the same period last year, with a record result for the month of September in the entire historical series, which began in 1989: in total, 445,389 travelers landed…
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Natal Luz de Gramado: Magic in the Heart of Serra Gaúcha
As the year comes to a close, the city in Rio Grande do Sul adorns itself with lights and colors to welcome one of the most anticipated celebrations of the year: Natal Luz, where children and adults are enchanted by over 300 attractions during the season, including shows, parades, musical performances, and much more. There…
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How to Ensure Your Business Stands Out Among Competitors
Staying competitive in today’s market can be a challenge. As the business landscape continues to evolve, paying attention to the competition is more important than ever. Businesses are not managed in a vacuum, and understanding what is working — and equally important, what is not working — for other successful companies is an integral step…
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Research Reveals What’s on the Minds of Year-End Shoppers
As the year-end season approaches, many consumers plan to start their shopping earlier this year, aiming to secure low prices, take advantage of promotions, and ensure that all gifts arrive on time. A recent survey by Sensormatic Solutions reveals key insights that can guide both shoppers and retailers during this busy period. According to the…
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Brazilian Participation in the Annual Coterie + Magic Fair at the Javits Center
The Consulate General of Brazil in New York recently collaborated with SEBRAE-RJ (Support Service for Micro and Small Enterprises of Rio de Janeiro) to organize a fashion industry mission to New York City. This joint effort brought 32 Brazilian fashion companies to one of the world’s fashion capitals, aiming to showcase Brazilian talent and foster…