The government of Santa Catarina is set to invest around R$7 (US$1.4) million into the Blumenau Airport in anticipation of the upcoming Oktoberfest. This announcement came as Azul, a commercial airline, revealed plans to extend its services to the airport during the festival. This investment will be channeled through the State’s Ports, Airports, and Railways […]
Related Posts
China’s Central Bank Launches 500 Billion Yuan Swap Line to Revive Chinese Stocks
China’s central bank has unveiled a bold initiative to support its struggling stock market. The People’s Bank of China (PBOC) announced on October 10, 2024, that it would accept applications for a new 500 billion yuan ($71.2 billion) swap facility. This move aims to inject liquidity into capital markets and restore investor confidence. Eligible securities […]
Germany to Suspend Debt Brake for Fourth Consecutive Year
Germany plans to suspend its constitutional debt limit for the fourth year in a row, a decision influenced by a recent court ruling. The Swiss have long demonstrated remarkable discipline in adhering to their self-imposed debt brake, a feat that the Germans have yet to accomplish. Despite adopting the Swiss model, Germany has unfortunately been […]