For the second month, debt among Brazil’s families went down this August. Yet, late payments are increasing. The National Confederation of Commerce (CNI) released this report on Tuesday. The debt rate slipped from 78.1% to 77.4%. This is the lowest since June of last year. Over a year, it’s a 1.6-point drop. Here, “debt” means […]
Related Posts
São Paulo and Lisbon are the most popular destinations for Brazilians in H2 2023
According to recent data from travel metasearch engine, Kayak, São Paulo and Lisbon have emerged as the preferred travel destinations for Brazilians in the second half of 2023. Other popular destinations include Rio de Janeiro, Recife, and Fortaleza among others. Interestingly, eight out of the ten most searched destinations are within Brazil, indicating a strong […]
Argentina says IMF asked for 100% devaluation after primary elections
After the primary elections on August 13, the International Monetary Fund (IMF) proposed a 100% and, subsequently, a 60% devaluation of Argentina’s currency, as communicated by the spokesperson for President Alberto Fernández. The final adjustment settled was 20%, in line with the actual 22% devaluation executed by Argentina’s government following the primary elections. In these […]
Amazon’s Q3 Profit Soars 55% to $15.3 Billion
Amazon’s third-quarter financial results for 2024 have surpassed expectations, showcasing the company’s resilience in a competitive market. The e-commerce giant reported a net income of $15.3 billion, marking a 55% increase from the previous year. This impressive growth stems from various factors, including the robust performance of its cloud computing division. Amazon Web Services (AWS) […]