Luxury tourism in East Africa surges post-air travel reopening, driven by major investments from Marriott and Radisson Blu. This region, celebrated for its unparalleled travel experiences and high-end accommodations, is now drawing in luxury tourists from across the globe. Marriott International leads, aiming to open 30+ hotels in Africa by end of 2024, emphasizing East […]
Related Posts
Lula approved law ensuring permanent increase of minimum wage starting 2024
Brazilian President, Luiz Inácio Lula da Silva, has approved a law ensuring a permanent increase in the minimum wage starting from 2024 and extending the income tax exemption for individuals. The progressive leader presided over a ceremony at the Planalto presidential palace in Brasilia, attended by several ministers, where he signed the bill previously endorsed […]
Brazil Keeps Federal Debt Below Forecasts with 3% Drop
In September, Brazil’s Federal Public Debt (FPD) decreased by 3%, settling at 6.028 trillion reais, approximately 1.2 trillion dollars. The National Treasury said the reduction mostly came from bonds reaching maturity dates. For some background, the FPD crossed the 6 trillion reais mark for the first time in April. The recent drop keeps the debt […]