Sam Bankman-Fried, once a star in the cryptocurrency universe as the CEO of FTX, received a 25-year prison sentence from a U.S. federal court. This verdict concludes a notable trial focusing on a vast financial fraud, where Bankman-Fried was accused of misappropriating $8 to $14 billion from customers and investors. His sentencing signifies a dramatic […]
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Brazil’s Pioneering Stance: A New Era for Latin American Jails
(Opinion) Brazil’s Supreme Court has set a deadline: six months to revamp the country’s unconstitutional prison system. This decision couldn’t be more timely. Across Latin America, prison systems are breaking at the seams. Yet, Brazil’s overcrowding rate stands at a staggering 136%, making it a focal point for reform. This ruling could be a model […]
Brazil’s Manufacturing Growth Persists
S&P Global reported that in March, Brazil’s manufacturing sector showed resilience as the Purchasing Managers’ Index (PMI) dipped slightly to 53.6 from February’s 54.1. This figure, staying above the crucial 50.0 threshold for the third consecutive month, signals ongoing expansion. The sector’s performance in March is notably robust, registering as the second-highest since July 2022. […]
