Former Treasury Secretary Jeferson Bittencourt warns that Brazil’s fiscal framework is under threat of a “death blow” to economic strategies. Speaking to Estadão, he highlighted potential severe budget cuts next year, ranging from R$15 billion ($2.91 billion) to R$30 billion ($5.82 billion). These cuts stem from rising mandatory costs such as payroll and pensions. Historically, […]
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Standard & Poor’s forecasts sharp economic slowdown in Israel due to judicial reform
Standard & Poor’s, the financial rating agency, issued a warning on Thursday that the controversial judicial reform being pursued by the Israeli government will have a negative impact on the country’s economy. The agency forecasts a growth rate of 1.5% for 2023, a significant drop from the 6.5% recorded in 2022. The judicial reform, driven […]
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Connect in a crisis with iOS 18’s new video call feature for emergency services
Imagine you’re out hiking in a remote area when you suddenly witness a friend take a serious fall. They’re unable to move, and you’re unsure of the extent of their injuries. In the past, you might have had to describe the situation over the phone to emergency services, which could lead to delays in getting […]