Category: Economy
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Brazilians Mostly Optimistic About Their Country’s Global Standing
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As Brazil prepares – for the first time – to host global leaders at this year’s G20 summit, most Brazilian adults are optimistic about their country’s status as an international power. Approximately four in ten say that Brazil will eventually become one of the world’s most powerful nations, and about a quarter say that Brazil…
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The Planet No Longer Waits to Charge the Next Generation,” Warned Lula at the Opening of the 79th UN General Assembly
President Luiz Inácio Lula da Silva delivered one of the most impactful speeches of his presidency during the opening of the 79th UN General Assembly in September. Mixing criticism and appeal, his speech exposed the inability of major nations to unite to face global challenges and highlighted the necessary effort across various sectors to transform…
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International Tourism Injects US$ 4.8 Billion into Brazil in Just 8 Months
The year 2024 is on track to set a new record for international tourism revenue in Brazil. Data released by the Central Bank shows that foreign tourists injected US$ 4.8 billion into the Brazilian economy from January to August, a figure 9% higher than the same period in 2023, which recorded US$ 4.4 billion. This…
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American Central Bank Announces Major Rate Cut, First Since Pandemic
The Federal Reserve, the American Central Bank, cut interest rates on Wednesday, (Sep.18) for the first time since early 2020, the clearest signal yet that the institution’s authorities believe they are winning their years-long battle against high inflation that has been troubling the United States for many months. Fed officials cut rates by half a…
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Wildfires Set Records in Brazil
From January to August 2024, wildfires in Brazil affected 11.39 million hectares of the country’s territory, according to data from the Mapbiomas Fire Monitor, released on Thursday (12). Of this total, 5.65 million hectares were consumed by fire just in August, which accounts for 49% of the total this year. The states of Mato Grosso,…
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Wildfires Set Record in Brazil
From January to August 2024, wildfires in Brazil have already affected 11.39 million hectares of the country’s territory, according to data from the Fire Monitor Mapbiomas, released on Thursday (12). Of this total, 5.65 million hectares were consumed by fire just in August, which accounts for 49% of the total this year. The states of…
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Brazil to Restrict Entry of Immigrants Without Visa
The Ministry of Justice and Public Security announced that transit passengers arriving in Brazil without a visa and whose final destination is another country will be required to continue their journey or return to their place of origin. Passengers without a visa to enter Brazil who remain in the international transit area of Guarulhos Airport…
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Brazil to Restrict Entry of Immigrants Without Visa
The Ministry of Justice and Public Security announced that transit passengers arriving in Brazil without a visa and whose final destination is another country will be required to continue their journey or return to their place of origin.
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Pix, Brazil’s Instant Electronic Payment System, Is Close to Dominating the Market
Anyone who has visited Brazil recently has noticed that the payment method via Pix dominates the market. No one carries cash in their wallets anymore, so even to pay for street parking or a street vendor, it’s common to hear: “make a pix there, uncle.” A recent study by the Brazilian payment company Ebanx shows…
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NY Judge Delays Trump’s Sentencing Until After November Elections
The judge overseeing Donald J. Trump’s criminal case in Manhattan has postponed his sentencing until after election day, November 5, a significant victory for the former president who is trying to reclaim the White House. In a decision announced on Friday, Judge Juan M. Merchan rescheduled the sentencing for November 26. He had previously planned…