Brazil Garnishes $3.3 Billion from Musk's Companies

Brazil's recent decision to garnish $3.3 billion from Elon Musk's companies has become a significant event in global news. Brazilian authorities announced the action as a response to tax obligations that were not met by companies such as Tesla and SpaceX. This amount represents one of the largest tax sums ever sought from foreign companies in the country.

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Record High Credit Card Debt in Canada: Implications and Causes

According to Equifax, credit card debt in Canada has reached its highest level since 2007, raising concerns among experts and economists. Studies show that Canadians currently owe over 103 billion Canadian dollars on credit cards, which is a 9% increase compared to the same period last year. This also means that the average debt per person has risen to more than 4,800 Canadian dollars.

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