Corporate Finance

For the third time in less than a year, Brazil has postponed the visitor visa requirement for US nationals. Since 2019, Americans traveling to Brazil for tourism or business have been exempt from needing a visa. This was set to change in October 2023. However, as the date approached, the government announced it would postpone

What’s the interest rate on your credit card? 20%? 30%? In Brazil, consumers face rates that make these figures look modest. Some credit cards in Brazil have rates that reach a staggering 450%. And no, that’s not a typo.But change is here. Late last year, Brazil passed legislation to cap these exorbitant rates. As of