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A study conducted by Sebrae and Ipea, based on data from IBGE, reveals that 716,000 small businesses closed between March and June 2020 due to the COVID-19 pandemic, resulting in losses totaling R$ 24.1 (around US$5) billion. The trade and services sectors were particularly affected, and the real impact of the pandemic may be even […]
A criminal organization involved in transporting large quantities of cocaine from Brazil to Europe, using a network based in Malaga, Spain, has been dismantled by the Spanish Civil Guard in collaboration with Europol, the Portuguese Judicial Police, and the Brazilian Federal Police. The operation led to the arrest of 24 individuals and the seizure of […]
The U.S. dollar concluded the day with a modest decline against the Brazilian real, reflecting the intricate interplay of global and domestic economic factors. The American currency closed at R$ 5.6596 ($1.01), marking a 0.10% decrease compared to the previous day’s rate. Concerns about Brazil’s fiscal situation continued to weigh on the real throughout much […]
Cuba marked a significant uptick in tourism this year, welcoming 809,238 international visitors in the first quarter alone. This surge achieved a robust 25% of the island’s yearly tourism goal, showcasing a rapid recovery trend. The number of Russian visitors doubled from early 2023, highlighting renewed global interest in Cuba’s vibrant culture. From December to […]