In the first seven months of 2023, Tether (USDT) became Brazil’s most traded digital currency, reaching R$ 109.8 ($22) billion in transactions. As per the Brazilian IRF, this marks an 84.5% increase over the R$ 59.5 ($12) billion recorded in the same timeframe in 2022. Tether, tied to the US dollar, offers less volatility compared […]
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Brazil’s Booming Premium Wine Scene Defies Economic Trends
In September 2023, a buyer acquired 466 lots of the world’s most sought-after wines at a U.S. auction for $9.3 million in a remarkable sale. Among these was the famed 1999 Romanée Conti, fetching about $275,000 per bottle. This sale underscores the luxury sector’s steady pace, unaffected by economic shifts. It signals a bright future […]
Maersk Bypasses Panama Canal Due to Low Water Levels
Maersk, a major logistics and shipping company, has announced a change in its route due to low water levels in the Panama Canal, one of the world’s key maritime trade routes. The Danish company reported that the reduced water levels have led to fewer ships passing through the canal. Consequently, Maersk is opting to reroute […]
Brazil Takes on Venezuela in World Cup Qualifier
Brazil faces Venezuela in the third round of the South American World Cup qualifiers tonight. The game starts at 9:30 PM Brasília time at Arena Pantanal in Cuiabá. National Radio will cover it live. Brazil beat Bolivia and Peru in their earlier matches. Now, they aim to keep their top spot in the leaderboard. Currently, […]