Category: Economy
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How the U.S. Promotes Global Prosperity
The United States is committed to advancing peace, prosperity, and freedom globally, and to building a world where nations can chart their own paths, said Secretary of State Antony Blinken. In a major speech on May 26 at George Washington University in Washington, Blinken outlined the Biden-Harris administration’s approach to defending and reforming the international…
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The 7 Levels of Financial Freedom
The millionaire Grant Sabatier, one of the leading voices and one of the greatest success stories of the FIRE movement – an acronym for “Financial Independence, Retire Early” – created a classification to measure people’s level of financial freedom. There are 7 categories, starting with recognizing one’s financial situation and ending in abundant wealth. Sabatier,…
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Starting this week, Brazilians need a visa to Mexico
The Government of Mexico has determined that all Brazilians intending to travel to Mexico for tourism or business must obtain a physical visa printed in their passport before boarding to the country. This measure comes into effect on August 18, 2022. Until then, Brazilians only needed an electronic authorization that could be obtained for free…
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Do you know which city in the US people want to live in the most?
Despite being the second dirtiest city in the world, according to residents, and having the highest rent in the United States, New York is the number 1 place people around the world want to visit and the number 1 place people want to move to. A survey conducted by Time Out magazine with 27,000 residents…
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More Stimulus Coming Soon
Some U.S. states are dealing with skyrocketing inflation by granting tax discounts and sending stimulus checks to some families. Many of these checks are arriving now in August. In total, at least 18 states have already issued or will still send payments to their residents. Below is a look at which states these are, how…
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Brazilian Woman Arrested Accused of Misappropriating 4 Million Clients
Raquel Moura Borges, 55, is accused by the Southern District of New York Prosecutor’s Office of securities fraud, wire fraud, and investment advisory fraud through her company, Global Access Investment Advisor LLC (GAIA). She was arrested and faces more than 20 years in prison if found guilty. According to Prosecutor Damian Williams, “Borges promised her…
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Food 50% Cheaper? Where? How?
In times of high inflation, especially with basic food baskets reaching record prices, how about buying some food items 50% cheaper? The way to this great discount is simple and is called Flashfood, an app that helps you find discounted products at nearby supermarkets. The secret behind the 50% lower price is the expiration date.…
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Inflation in the U.S. is the highest in 40 years
Inflation in the United States continues to scare and disturb American consumers. In June, the 9.1% year-over-year increase in the main indicator that measures inflation in the country, the Consumer Price Index (CPI), was the highest in the last four decades. During the month, prices rose 1.3% from May to June, another substantial increase, following…
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Why are airline tickets to Brazil so expensive right now?
Let’s explain. First, there is a shortage of pilots, many retired early while others were laid off. As there are not enough pilots, dozens of flights to Brazil have been canceled. Now there is less availability of flights and a high demand. This is also causing many delays and cancellations of flights. Additionally, current aviation…
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Why are airline fares high and with few flight offers?
Everyone knows that during the pandemic, hundreds of pilots/crew members requested early retirement and many others were laid off. Unfortunately, during that time, American, Delta, and Latam completely stopped flying to Brazil for almost 2 years, and only United continued with 1 daily flight. Now, post-pandemic, several factors contribute to the rise in prices: a…