In 2023, Brazilians withdrew over R$ 100 billion (approximately $20.4 billion) from savings accounts. These withdrawals, totaling R$ 101.59 billion (about $20.73 billion) from January to November, mark a historic high since 1995. According to Brazil’s Central Bank, the previous record was R$ 109.5 billion (around $22.35 billion) in 2022. In 2022, savings accounts experienced […]
Related Posts
U.S. and Germany: Steadfast Allies to Israel’s Defense Forces
Amid international calls for an arms embargo due to military actions in Gaza, the U.S. and Germany remain firm in their support for Israel. Despite suspensions by several Western nations, these two countries continue their substantial military aid and push for a ceasefire without halting supplies. Over the last six months, their support has been […]
Brazil’s International Air Travel Soars in Early 2024
In early 2024, Brazil’s international air travel industry achieved impressive growth, with a 23.5% surge in international passenger traffic. This spike was most evident in March, as nearly 2 million travelers flew internationally, marking a 20.8% increase from the previous year’s 1.6 million. March also saw a significant rise in flight operations, with an addition […]
Brazil’s Supreme Court is investigating Bolsonaro over alleged illegal jewelry sales
Brazil’s top court, the Supreme Federal Tribunal, has mandated a financial disclosure for former President Jair Bolsonaro (2019-2022) and his wife, Michele Firmo, amidst allegations concerning the illicit sale of presidential jewels. The directive, issued by Judge Alexandre de Moraes, was in response to a request from the Federal Police. They are scrutinizing the alleged […]