Banks and cryptocurrency firms don’t always see eye to eye. Jamie Dimon, CEO of a major bank, recently suggested that crypto companies offering rewards on stablecoins should follow the same strict rules as traditional banks. But critics say that idea misses the point entirely. Peter Schiff, a well-k
Brazilian airline Azul has decided to reduce its flight schedules further as fuel prices stay high because of persistent world conflicts. The company's leaders believe flying fewer times makes better financial sense now than keeping the same schedule. Earlier this year, Azul already trimmed some rou
Banks like JPMorgan, Citigroup, Wells Fargo, and Bank of America are teaming up to create their own digital money system. This network will start next year through their payment company called Clearing House. It's their way of competing with cryptocurrencies and stablecoins, which have grown a lot i
Banks and big financial firms keep trying to recreate blockchain from scratch, but that's like reinventing the wheel while ignoring the road already built. They can copy the code, hire consultants, and roll out permissioned systems behind closed doors. Yet no matter how polished their corporate bloc
Banks and crypto firms just teamed up to launch a fresh kind of dollar coin called fUSD. Unlike most stablecoins that sit idle without growing, this one gives big institutions a small cut—around 3% per year—if they play by specific rules. The coin is built on existing tech used by trading desks and
Brazil is rolling out its fifth Eco Invest auction with a $10 billion price tag, its largest green funding push so far. The government plans to split the money across six hot sectors: clean fertilizers, battery minerals, green fuels, smart factory tech, eco-friendly chemicals, and recycling old wast
Banks today look nothing like they did even five years ago. What used to be slow, paperwork-heavy processes are now running on smart software. AI isn’t just helping banks—it’s doing much of the work itself. These "agentic" AI systems don’t just follow instructions; they make decisions on the spot, w
Brazil’s government just rolled out a $2. 2 billion program to fight powerful gangs like Primeiro Comando da Capital and Comando Vermelho. The plan puts federal and local teams under one roof, aiming to cut crime financing, upgrade prisons, solve murders better, and lock down borders. It’s not just
Brazil’s Supreme Court Justice Alexandre de Moraes has put the brakes on a bill that would have drastically shortened the prison sentence of former President Jair Bolsonaro. The justice ruled that the bill, which aimed to cut Bolsonaro’s 27-year sentence down to just over two years, cannot take effe
Brazilian President Luiz Inácio Lula da Silva is heading to Washington for talks with U. S. President Donald Trump, focusing on two major issues: cracking down on organized crime and sorting out trade rules. Brazil’s finance minister confirmed the meeting, calling it a chance to strengthen ties afte
