In 2023, Brazil’s top banks, including Itaú Unibanco, Caixa Econômica Federal, and Banco do Brasil, saw their profits rise by 1.9% to $21.21 (R$107.5) billion. This growth helped balance out the lower earnings from Bradesco and Santander Brasil, which faced challenges due to high default rates on older loans. Itaú led the profit surge, finding […]
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Opinion: nobody is happy with the tax reform in Brazil
By Alexandre Garcia (Opinion) Mayors, governors, and entities from commerce, industry, and agriculture are mobilizing around this tax reform being considered by the House of Representatives. They all say that the reform will increase the tax burden. We have worked until the end of May to sustain the Brazilian State in its three levels – […]
Reader question: Is it safe to hit the ‘unsubscribe’ button on spam?
I received email from a reader asking if hitting the “unsubscribe” button in her inbox is smart. Like many things in tech, it depends. In some cases, reacting to spammers might make your email a hot commodity, leading to more unwanted emails or even a spot on a “for sale” list. Here’s the lowdown on how […]
Joblessness in Chile Reaches 11-Month High
Chile’s National Statistics Institute (INE) announced on Tuesday that the unemployment rate rose to 8.9%. This rate is up by 0.9 percentage points compared to the same period last year. Importantly, this marks the eleventh straight monthly increase. INE clarified the situation. The labor force grew by 3%, but only 2% of these people found […]