Category: Economy
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What You Need to Know About the U.S. Debt Ceiling?
The United States is facing a dilemma over whether to raise or suspend the country’s debt limit. That is, the U.S. Congress limits the amount of money the federal government can borrow to pay its bills, the “debt limit.” The government has already reached this limit and is about to run out of money to…
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Biden Seeks Compensation for Passengers Due to Flight Delays and Cancellations
The Biden administration announced on Monday (8) that it will seek to require airlines to compensate passengers for extensive flight delays and cancellations. The proposed rule will require airlines to provide cash payments, rather than just refunds, for significant travel disruptions that are under the airline’s control. Currently, no airline guarantees cash compensation for delays…
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NYC Mayor Wants to House Immigrants in the Suburbs
With New York City struggling to cope with a continuous flow of immigrants seeking asylum, Mayor Eric Adams announced on Friday (5) a new strategy: the city will begin paying for shelter for immigrants in the suburbs. The city intended to house about 300 men in two hotels in Rockland and Orange counties, north of…
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Brazil suspends restrictions on rural property purchases by foreigners
Minister André Mendonça of the Supreme Federal Court (STF) ordered the suspension of legal actions questioning the legality of the law regulating the purchase of rural properties by foreigners.
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Better Juice Technology Reduces Sugar Load in Red Fruit Juices
FoodTech startup Better Juice announced the highly successful completion of a series of pilot tests aimed at reducing simple sugars in natural red fruit juices and other fruits. In partnership with GEA Group, one of the largest suppliers of technology for food processing, Better Juice welcomed several prominent manufacturers of red fruit juices from Europe,…
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Brazilian Açaí Brand Continues Expansion in the U.S. with New Store in California
Oakberry is bringing fresh energy to Venice Beach with the official opening of its new flagship location on the iconic Abbot Kinney Boulevard. Specialists in 100% natural and always fresh açaí bowls and smoothies, the new store represents the brand’s ongoing commitment to making superfoods easily accessible in the United States. With over 600 locations…
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BTG Pactual launches BTG Dol, the world’s first dollar-backed stablecoin issued by a bank
BTG Pactual, the largest investment bank in Latin America, announces the launch of its first stablecoin through Mynt, the Bank’s crypto asset platform. BTG Dol is a crypto asset, priced against the US dollar with a 1 to 1 parity, allowing interaction between the traditional financial system and the new digital economy. The BTG Dol is…
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Applications Open for the Academy for Women Entrepreneurs (AWE)
The U.S. Embassy and Consulates in Brazil, in partnership with Amazon.com and the implementation of the +Unidos Group, are opening applications for the third edition of the Academy for Women Entrepreneurs (AWE 3.0) program. This free program will offer 90 spots and aims to support female entrepreneurship. To participate, candidates must be 25 years or…
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Top 5 Smartphone Features You Can’t Live Without
Smartphones are our lifeline – we use them to connect to practically everything and everyone in our world. Americans check their phones an average of 344 times a day — once every four minutes — according to a 2022 survey by Review.org. But when was the last time you updated your phone? If it’s been…
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How Technology Will Transform Shopping
Above all, consumers value convenience, speed, and good deals, according to new research from Sensormatic Solutions, and they can expect retailers to deliver these benefits in 2023. In the recent survey, respondents cited stocked shelves (64%), quick and easy checkouts (63%), and discounts or promotions (63%) as the top three contributors to positive shopping experiences.…