(Analysis) Brazil’s Fiscal Responsibility Law (FRL), established 24 years ago, aimed to stabilize finances but now faces challenges from ongoing deficits. The government first saw a major refinancing of debts in 2014, marking a turn towards consistent financial shortfalls. Today, Brazil struggles with managing a growing public debt, spurred by spending exceeding revenue. President Luiz […]
Related Posts
Brazil’s Specialty Coffee Targets U.S. and China
Brazil’s Cerrado Coffee Growers Cooperative (Expocacer) is expanding its specialty coffee business by establishing a U.S. hub to penetrate retail markets. This hub is in Delaware with operations in Texas and a logistics center in Florida. The move aims to introduce Brazilian coffee flavors to more people. Fernando Beloni, a long-time coffee farmer, supports the cooperative. […]
Do you need to encrypt your sensitive cloud data?
Curious about the security of your documents in the cloud? You’re not alone. We recently received an email from Dana in Marietta, Ga., who is asking this, “I just read your article on saving documents to the cloud. What is your opinion on protecting those documents by encrypting them first? Does that prevent companies like […]
Brazil’s Booming Premium Wine Scene Defies Economic Trends
In September 2023, a buyer acquired 466 lots of the world’s most sought-after wines at a U.S. auction for $9.3 million in a remarkable sale. Among these was the famed 1999 Romanée Conti, fetching about $275,000 per bottle. This sale underscores the luxury sector’s steady pace, unaffected by economic shifts. It signals a bright future […]