Category: Inside
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DeSantis’ Policy: People, Events, and Businesses Are Leaving Florida
One thing is true: in a war, there are casualties. Florida Governor Ron DeSantis’ “woke war” is no exception. DeSantis, who promises that if elected president, he will make the United States more like Florida, has been promoting a wave of extremist legislation in his state. He has restricted academic freedom and banned diversity and…
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Drex: Understand What It Is and How the Digital Real Will Work
The virtual version of the real took another step towards implementation on Monday (7). The Central Bank (BC) announced that the Brazilian digital currency will be called Drex. With the platform in the testing phase since March and the first simulated operations scheduled for September, the digital real aims to expand business possibilities and stimulate…
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Drex: Central Bank of Brazil to Launch Virtual Currency in 2024
The Central Bank of Brazil announced its plan to adopt a virtual currency by 2024, called “Drex,” which will have a value equivalent to the physical money currently in circulation.
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American Credit Card Debt Hits Record $1 Trillion
American credit card debt has just reached a new and undesirable milestone: for the first time, it exceeds $1 trillion, according to data released on Tuesday (8) by the Federal Reserve Bank of New York. During the second quarter, credit card balances surged by $45 billion, or nearly 4.6%, to $1.03 trillion, according to the…
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BR Day New York, The Biggest Brazilian Party Outside Brazil, Has Been Postponed
The founder and president of BR Day New York, João de Matos, announced that BR Day the traditional Brazilian party that closes the streets of Manhattan to celebrate Brazil’s Independence, will not take place in 2023. “Unfortunately, our annual meeting will be postponed once again”, announced De Matos. “As you know, we always bring the…
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Actress Aracy Balabanian Passes Away at 83
Actress Aracy Balabanian died on the morning of this Monday (7) in Rio de Janeiro, at the age of 83. The confirmation was made by the clinic where the actress was hospitalized.
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Agribusiness Leaders at Event at the Jockey Club of São Paulo
São Paulo will host the 1st edition of Agrotalk Business on August 8, an invitation-only event that will open discussions on the current Brazilian economic scenario. The confirmed speakers are: Antonia Fontenelle, entrepreneur and commentator; Antonio Cabrera Mano Filho, former Minister of Agriculture; Evaristo de Miranda, researcher at Embrapa; Paulo Junqueira, president of the Rural…
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Amazon Deforestation Hits Lowest Level in Six Years
Deforestation in the Brazilian Amazon fell by 66% last month compared to July 2022 and is now at its lowest rate in six years, according to preliminary data released by the National Institute for Space Research (INPE) on Thursday (3). Almost 500 square kilometers (193 square miles) of rainforest were deforested in July, a significant…
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Federal Government Expands Access to Credit for Small Businesses
On August 1, the U.S. Small Business Administration (SBA) began implementing changes aimed at expanding small businesses’ access to capital. The improvements to the 7(a) and 504 loan programs will increase small businesses’ ability to access financing to start and grow through a broader network of lenders with streamlined procedures. The SBA has also made…
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New Netflix Documentary, “Poisoned”, Reveals How Shockingly Contaminated Your Food Is
You’re hungry and want to eat something healthy. Maybe a salad. Whoa, be careful! Romaine lettuce and spinach are prolific carriers of foodborne pathogens. How about a chicken sandwich? Watch out: it’s still common practice in the industry to sell raw chicken infected with salmonella. What about a healthy peanut butter sandwich? Well, peanuts also…