Credit Suisse chief operating officer resigns

In a strategic move, former Swiss bank Credit Suisse confirmed the departure of Francesca McDonagh, its chief operating officer, in an announcement last Monday. This decision is part of the gradual process that will lead to the…

The FED forecasts a drop in US wage growth

In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…

Brazil will become an international tourist power

The Brazilian government wants to turn the country into an international tourist power that will make its economy grow and "improve the life of the people", betting on its natural resources as an attraction and publicizing its wide variety…