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New Businesses in Rio Hit Record High in September
Rio’s Commercial Registry, Jucerja, recorded an 11.8% increase from last year with a record 5,956 new businesses in September. Out of these, 5,415 are new companies. Additionally, 406 are new branches and 135 are transfers. Governor Cláudio Castro praised the progress. “We’re making it easier for local entrepreneurs,” he said. “More businesses mean more jobs […]
Brazil Repatriates 211 Citizens from Israel
Today, a Brazilian rescue plane landed in Brasilia, bringing home 211 Brazilians from the escalating Middle Eastern conflict. Brazil’s Ministry of Defense confirmed this news. The Brazilian Air Force operated the flight. It took off from Tel Aviv and touched down at 4:10 a.m. local time. Of these returnees, 107 stayed in Brasilia. Another 104 […]
Foreign Investment in Brazil Drops by 40%
In 2023, foreign direct investment (FDI) in Brazil’s production sector plummeted by 40%. Reports from the Central Bank highlight a decrease from last year’s $68.8 billion to $41.6 billion. This downturn is significant, marking the second-lowest FDI in 14 years. It only outstrips the low of $31.2 billion recorded in 2020, during the COVID-19 pandemic’s […]