An old maxim says that investing in real estate is always a good deal. Exaggerations aside, it is a fact that, at least in recent years, prices have skyrocketed.
According to the Brazilian Chamber of Construction Industry (CBIC), which analyzed information from 220 Brazilian cities, the average price of apartments in Brazil has increased by about 50% since 2019.The study also showed that, in the quarter ended in March, prices went up by 12% compared to the same period last year.
What explains this price escalation? The CBIC says that the reduction of available apartment stocks, combined with the increase in construction costs resulting from the pandemic, played a vital role in this process.
Everything indicates that stocks will remain low for a long time. In the first quarter, 56.3 thousand residential units were launched, which represented a 10% decrease compared to the same period last year.iPhone sales are picking up in ChinaAfter a long winter, iPhone sales in China have accelerated again in April.
And it was not just any advance. According to data from the China Academy of Information and Communications Technology, sales of foreign cellphones rose by 52% compared to March, surpassing analysts’ forecasts.
Although the organization did not break down the sales by brands, iPhones historically are among the most traded smartphones in the Asian country.
Apple’s shares rose after the numbers were released.Credit card interest rates continue to riseCredit card rotative interest rates continue to increase. In April, according to data compiled by the Central Bank, they reached an astronomical 423.5% per year, 2.2 percentage points above the previous month.
The rotative credit, the most expensive available in the market, is the credit taken by the consumer on occasions when they pay less than the full amount of the credit card bill. For the consumer, the old tip is worth it: stay away from this modality because it will weigh heavily on your pocket later on.
BMG sells acquirer to Banco InterBMG bank completed the sale to Banco Inter, for R$110 million, of its 50% stake in the acquiring company Granito Instituição de Pagamento. With the transaction, Inter will hold 100% of Granito’s shares, which will be renamed Inter Pag.
“The operation is part of the bank’s strategy to concentrate efforts on the execution of its main lines of business, with the aim of growing and generating sustainable results for its shareholders and other stakeholders,” BMG said.
Short NewsThe change in eating habits and the search for sustainable products are boosting the consumption of plant-based meats in Brazil.
A study conducted by the Good Food Institute Brazil (GFI Brazil) found that 26% of Brazilians in the ABC classes, from all regions of the country, consume this type of product at least once a month.In April, private financing for agribusiness in Brazil exceeded the mark of R$1 trillion, according to the Ministry of Agriculture.
The figure represents a 22% increase compared to March. It is noteworthy the 174% increase in the net worth of Fiagros, investment funds in agroindustrial production chains, in twelve months.
The startup Buser, specialized in mediating road trips, has started using cameras with sensors to identify fatigue and inattention of drivers on the roads.
By cross-referencing the images with artificial intelligence, it is possible to create parameters based on the time and the number of blinks per minute.If something wrong is identified, the system emits audible warnings and notifies the Buser central.
In addition to cameras, Buser is also investing in a system that uses telematics to control trip speeds. In the first quarter, the startup saw the number of alerts per kilometer traveled decrease by 30%.81.3 thousandResidential properties were sold in Brazil in the first quarter.
According to the Brazilian Chamber of Construction Industry, the number represents a 6% increase compared to the same period last year.“Artificial intelligence will not steal your job. The person who uses artificial intelligence will steal your job.”Jensen Huang, Founder of the American technology company Nvidia
