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By Julianne PepitoneCNN Business Updated 1307 GMT (2107 HKT) December 6, 2019 Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. When David Vélez walked into a Brazilian bank branch to open an account six years ago, he was appalled by the experience. First, he had to check his bag in a locker outside. Next, he waited to pass through a security line manned by three armed guards. He sat there for 45 minutes and finally spoke to someone, who acted like they were doing him a favor by deigning to talk about opening an account. Then, he was sent off to make a phone call to bank employees elsewhere and was later forced to return to the bank a half-dozen times over the next four months. Vélez knew his experience was common throughout Latin America, where about half the population is "unbanked," with no bank accounts and often no credit histories. In Brazil, five banks control almost all of the market and charge high fees — with … [Read more...] about One of Latin America’s most valuable startups is changing the way Brazilians bank

The cast of season 27 of "The Amazing Race" includes a team of TMZ co-workers, former New York Jets cheerleaders, doctors, teachers, retail managers and are paired in combinations that include a mother and son, siblings and best friends. (CBS) Tonight, viewers will watch as a new crop of teams will head around the world for a chance to win the $1 million grand prize on the latest season of “The Amazing Race”. Contestants on CBS’ hit reality competition show their mettle as they’re thrown mental and physical challenges while traveling in exotic and far-flung destinations. The goal is for 11 teams to complete tasks, then move on to the next location, while avoid being eliminated. The cast of season 27 includes a team of TMZ co-workers, former New York Jets cheerleaders, doctors and teachers, and are paired in combinations that include a mother and son, siblings and best friends. The teams kick off the adventure in Venice Beach, … [Read more...] about ‘Amazing Race’ past contestants give winning tips

Abdulaziz bin Salman, Saudi Arabia's energy minister, center, awaits the start of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, Dec. 5, 2019. Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursday’s ministerial meeting. less Abdulaziz bin Salman, Saudi Arabia's energy minister, center, awaits the start of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, Dec. 5, 2019. Saudi ... more Photo: Stefan Wermuth / Bloomberg Photo: Stefan Wermuth / Bloomberg Image 1 of / 1 Caption Close Image 1 of 1 Abdulaziz bin Salman, Saudi Arabia's energy minister, center, awaits the start of the 177th … [Read more...] about OPEC+ finalizes deal to cut 500K additional barrels through March

Martini bars are a thing. So are margarita bars. Now, in what may be an international milestone, San Francisco has its first mule bar: the Rusted Mule. For theme bar-saturated San Francisco, it may be a small step, but it’s a giant leap for the mule. The mule, as a family of cocktails, refers to a concoction of a base spirit, ginger beer and lime juice. More distinctive than its ingredient list is its requisite glassware, a copper mug. The original and most enduring iteration, the Moscow Mule, is based on Russian vodka, but you may also have come across the Kentucky Mule (bourbon), the Gin-Gin Mule (gin), the Irish Mule (Irish whiskey). The possibilities, once you master the syntax, are endless. More by Esther Mobley FoodBy Esther MobleyWhat the Anchor Brewing deal means for craft beerFoodBy Esther MobleyTequila Mockingbird and San Francisco's unfussy bar empireInside ScoopEsther MobleyPlease stop calling your legal, open-to-the-public bar a... Although it can’t … [Read more...] about The Rusted Mule gives S.F. its first dedicated mule bar

Photo: Tim Clayton/Corbis Via Getty Images Photo: Tim Clayton/Corbis Via Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Tim Clayton/Corbis Via Getty Images Lionel Messi Buys in Miami: You Could Be Neighbors With the World's Biggest Sports Star 1  /  1 Back to Gallery One of the world's greatest athletes has reportedly scored a posh pad in Sunny Isles Beach, FL. Argentinian soccer legend Lionel Messi picked up a condo at the Porsche Design Tower for $5 million, according to the Real Deal. Perhaps the soccer star is also a car freak, because this uniquely cylindrical building includes an elevator that will deliver you and your car to your residence. If you want to see how this feature works, check out this video. Upon arrival, through a glass … [Read more...] about Lionel Messi Buys in Miami: You Could Be Neighbors With the World’s Biggest Sports Star