Category: Economy
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IBM Study: Consumers Are Ready to Spend for the Holiday Season, but Uncertainty Looms
According to IBM’s annual study, many global consumers are ready to celebrate the holiday season again and will shop earlier, but new economic and political uncertainties loom over their plans.
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Brazil Registers Highest Spending by International Tourists in September Since 2016
Visitors from other countries spent US$ 416 million in Brazil in September, according to the Central Bank. This was the highest rate for the month since 2016, when the Olympic and Paralympic Games were held in Rio, with recorded revenues of US$ 446 million. From January to September this year, spending by international visitors exceeded…
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Class action for debt renegotiation begins in Brazil
Throughout this month, indebted Brazilians will have the opportunity to improve their credit score. The second national round of debt negotiation and financial guidance this year takes place from November 1 to 30, an initiative that involves the participation of the Central Bank, the Brazilian banking federation Febraban, and consumer protection agencies. The initiative offers…
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US-Brazil Investigation Leads to Dismantling of Cryptocurrency Fraud Network
A Federal Police investigation, along with the U.S. Homeland Security Investigations (HSI) and various law enforcement partners, resulted in the dismantling of a transnational cryptocurrency fraud network based in Curitiba, Brazil. As part of Operation Poyais, the Federal Police executed 20 search and seizure warrants in the states of Paraná, Santa Catarina, São Paulo, and…
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Democrats Maintain Majority in the Senate
The Democrats, the party of President Joe Biden, will maintain control of the United States Senate after victories were secured in the legislative elections in the states of Arizona and Nevada, which re-elected their current senators Mark Kelly and Catherine Cortez Masto, respectively, this weekend. The party defied the historical trend of midterm elections, which…
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Finding Large Turkeys May Be a Challenge This Thanksgiving
Finding large turkeys may be a challenge this Thanksgiving due to avian flu and rising prices.
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This is where new businesses are launched
Several business hubs in the U.S. are among the best places in the world to launch a business. A Startup Genome, a research organization that supports small businesses, ranks three American strategic areas among the top five in its latest global start-up ecosystem ranking: Silicon Valley (located in Santa Clara Valley, California), New York, and…
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Airfare Prices Remain High, But You Don’t Have to Stop Traveling
The year-end holidays are here, and for many people, the price of airline tickets is the main concern. From April to August of this year, searches on Google for “cheapest airline tickets” increased by more than 240% in the US. How to find cheaper flights? Industry experts say your chances of finding lower prices increase…
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Federal Court Strikes Down Biden’s Student Loan Forgiveness Program
A federal judge in Texas struck down President Joe Biden’s student loan forgiveness program, declaring it illegal. The lawsuit was filed by a conservative group, the Job Creators Network Foundation, on behalf of two borrowers who did not qualify for the debt relief. Biden’s program had already been suspended since October 21 due to another…
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Listeria Outbreak in 6 States Linked to Contaminated Cold Cuts and Cheeses
A listeria outbreak in six states has been linked to contaminated cold cuts and cheeses, according to the U.S. Centers for Disease Control and Prevention on Wednesday, November 9. People at high risk for severe illness from listeria infection – such as pregnant women, the elderly, and individuals with weakened immune systems – should not…