The Brazilian Administrative Council for Economic Defense (CADE) has issued a decision that significantly impacts the venture capital ecosystem in Brazil. This ruling clarifies long-standing questions about operations involving companies invested in by funds. However, it also introduces new concerns for the industry. CADE now requires more operations to undergo its prior approval. This change […]
Related Posts
Latam airlines tightens carry-on baggage rules; fees may apply
Latam Airlines is set to implement stricter checks on carry-on luggage during boarding. The goal is to ensure passengers adhere to hand luggage’s allowed quantity and dimensions. Should bags not meet the set guidelines, check-in fees will be levied. Currently, Latam’s policy permits travelers to bring a small backpack and hand luggage weighing up to […]
Women’s Rising Influence in Latin American Cartels
In Latin America’s drug trade, a significant shift is underway: more women are stepping into leadership roles within drug cartels. This change suggests a strengthening of these organizations, as reported by the Los Angeles Times. Yadira Gálvez, a security expert at the National Autonomous University of Mexico, highlights this rise as a change in how […]
Brazil Climbs to World’s 9th Largest Economy in 2023
In 2023, Brazil rose to become the ninth largest economy globally, moving up three places, as reported by the Austin Rating. The nation’s GDP grew by 2.9%, hitting R$10.9 trillion ($2.18 trillion USD, using an exchange rate of 5), slightly slower than 2022’s 3% growth. The IBGE revealed this data on March 1, 2024, showing […]