Amid a strong economic crisis in Argentina, the real estate market in the City of Buenos Aires shows an increasingly polarized scenario between luxury properties and those designed for the middle segments. With prices that can reach US$15,000 per square meter, the "premium" sector maintained its value, according to specialists in the field consulted by […]
It was a week of bad news for the Argentine economy, events that worsened the already deteriorated economic outlook ahead of this year's presidential elections. Four indicators showed warning signs this week: construction, manufacturing, soybean production, and inflation in the Federal Capital. Meanwhile, economists who participated in the latest Relevamiento de Expectativas de Mercado (REM) […]
Brazil's economic team is considering bringing forward the country's inflation targets to defuse tensions between the central bank and President Luiz Inácio Lula da Silva, who has been publicly pushing for lower interest rates, according to two people with knowledge on the matter. The National Monetary Council (CMN), the government body in charge of setting […]
The total production of Petrobras in the fourth quarter of 2022 reached 2.64 million barrels of oil equivalent per day (boed), a fall of 2.1% compared to the previous year, said the state company in a report released on Wednesday (8). Concerning the immediate previous quarter, the result remained stable. It was the last result […]
Authorities of the Bolivian department of Santa Cruz (east) demand the national government to declare a sanitary emergency due to the Dengue Fever epidemic, whose cases total more than 4,700, declared Paola Weber, Director of Citizen Security of the Santa Cruz government. “After analyzing the situation, it was determined to demand the national government to […]
In December, the volume of retail sales fell 2.6% in comparison to November, seasonally adjusted. Compared to December 2021, in the non-seasonally adjusted series, there was an increase of 0.4%. In the year to December 2022, retail sales grew by 1%. The figures were released on Thursday, September 9, by the Brazilian Institute of Geography […]
By J.R. Guzzo* (Opinion) Lula and the PT can always be counted on to try to apply all the wrong solutions and ultimately choose the worst one. They spent three months involved to the hilt in a "transition government" in Brasilia; as the president boasted, it was the first time a new government "started governing" […]
Brazil aims to increase the presence of its products in the Russian market, Brazilian Ambassador to Russia Rodrigo Baena Soares told Sputnik. "I was talking to businessmen here and have heard some good ideas for diversifying our exports to include other products. It is true that the sanctions also present an opportunity," Baena Soares told […]
Aruba has started the new travel year with concentrated power. After a 98% recovery last year compared to 2019, the Aruba Tourism Authority proudly looks back on a successful tourism re-launch. With all corona-related entry requirements lifted in 2022, this year will once again see the celebration of all the festivals and events for which […]
Mozambican transporters making the Maputo-Durban route are resorting to a "much more expensive" alternative route to reach their destination in the face of attacks against vehicles in South Africa, they told Lusa today. "We are using Essuatíni [former Swaziland] as an alternative way to reach Durban, but it is not an efficient way; it is […]
According to the latest monthly statistical report of the Bank of Cape Verde (BCV), the archipelago attracted from January to September 2022 about €96 million in foreign investment (FDI) - mainly in the tourism sector - compared to almost €54.2 million in the same period in 2021. FDI in Cape Verde, which thus increased 76.9% […]
The Angolan Catholic bishops said today that a "culture of intimidation, generating fear and insubordination" is growing in the country. They considered that the last elections helped them realize the "urgent need" to invest in republican institutions. According to the bishops of the Episcopal Conference of Angola and São Tomé (CEAST), the fifth Angolan general […]
Brazilian Minister of Finance, Fernando Haddad, is trying to convince the current president of the New Development Bank (NDB), Marcos Troyjo, to resign his position to make possible the nomination of former Brazilian president Dilma Rousseff (PT), according to Valor Econômico newspaper. Troyjo's mandate runs until 2025. The change in command of the institution known […]
Economy Minister Massa's team can no longer contain the recession, and the main indicators of economic activity had severe drops in the last month of last year. The program Sergio Massa launched is exhausted and fails to stabilize prices. One by one, all high-frequency economic indicators show that the Argentine economy is heading toward a […]
By Santiago Vera García Pulitzer Prize-winning, prestigious journalist Seymour Hersh claimed that Central Intelligence Agency (CIA) submariners took advantage of a NATO exercise to place explosives on Russian gas pipelines that were detonated in September last year. According to an investigation by famed Pulitzer Prize-winning journalist Seymour Hersh, the explosions that damaged the Russian Nord […]
A former Peruvian foreign minister, a Spanish MEP, and an Argentine deputy spoke out about the political persecution suffered by Carolina Ribera, the daughter of Jeanine Añez. This Tuesday, the opposition media Página Siete Digital informed that the Public Prosecutor's Office is secretly investigating Carolina Ribera, daughter of the arrested former president Jeanine Añez, for […]
Peru's president, Dina Boluarte, has again ruled out that she will leave office, affirming that with her resignation, "the crisis does not end". At the same time, new mobilizations and protests are planned for this Wednesday in several cities, including Lima. "We will continue doing management. My resignation does not end the crisis; my resignation […]
Spanish households recorded the largest drop in real income per head among countries belonging to the Organization for Economic Cooperation and Development (OECD) since the fourth quarter of 2019, the last full quarter before the impact of the pandemic, according to data from the organization. Spanish disposable income fell by 7.85% since the fourth quarter […]
Through a joint ordinance between the National Foundation of Indigenous Peoples (Funai) and the Special Secretariat of Indigenous Health (SESAI) linked to the Ministry of Health, the Lula government listed pornography alongside religion as a threat to the Yanomamis. The recommendation is part of a series of regulations established by the organs for . . […]
The Brazilian Institutional Security Cabinet (GSI), responsible for protecting the Planalto Palace, admitted that it did not make intelligence reports before or after the January 8 attacks in Brasilia (DF). The information was passed on to the press by the GSI itself in response to a request made by . . . To read the […]
Occurring in September 2022, the attack on the pipeline connecting Russia to Germany and forcing cheap gas to Europe has been treated as a deliberate act. Still, no culprit has been identified so far. On Wednesday (Feb. 8), investigative journalist and Pulitzer Prize winner Seymour Hersh claimed that the United States government was responsible for […]
In Brasília, 34 elderly demonstrators are in jail because of the January 8 protests. This Wednesday, it's been one month since the arrests began. Of the elderly prisoners, five are over 70 years old, and ten are women. In most cases, they are far from home. Only two reside in Brasilia - the rest come […]
By Célio Yano The repeated criticism from President Luís Inácio Lula da Silva (PT) on the performance of the Central Bank (BC) may generate an effect contrary to what he defends, according to economists. By attacking the basic interest rate, defined by the monetary authority, and even questioning the agency's independence, the tendency is that […]
By Editorial Gazeta do Povo (Opinion) If a group of Brazilians wants to gather to protest against president Lula in a public place, in an open, peaceful way, without weapons and incitement to crimes such as coup d’état, having previously warned the authorities and having fulfilled all the other requirements, eventually demanded by local regulations […]
On the northern coast of São Paulo, Ubatuba began charging on Wednesday (8) the Environmental Preservation Tax - a kind of toll paid by tourists who visit the island for more than four hours a day. The fee is R$3.50 (US$0.68) for motorcycles, R$13 (US$2.51) for small vehicles - such as passenger cars - and […]
