The secretary-general of communication of the Presidency of Ecuador, Andres Seminario, resigned this Monday from the position through his Twitter account, in a publication that he later deleted. “Thank you for the opportunity to serve you, Ecuadorians,” wrote the now former official, local media reported. His resignation comes a few hours after Ecuador’s president, Guillermo […]
The President of Brazil, Luiz Inácio Lula da Silva, assured that his country would grow above the forecasts of the financial market, which he considers pessimistic. He also criticized the economic agents selling Brazil's image to the world as a "weak horse" because "nobody will bet anything." "I believe we will grow more than the […]
The supply of corporate credit is falling in Brazil. According to the Central Bank, free interest loans (agreed upon between the parties) to companies fell 8.6% in the month of February. Goldman Sachs believes that this scenario will continue to worsen throughout the year. "We expect credit conditions to tighten in the coming months due […]
The Cape Verdean economy has fully recovered from the fall caused by the 2020 Covid-19 pandemic, revised upwards by the INE, with the Gross Domestic Product (GDP) growing 17.7% last year, driven by tourism. According to data from the Quarterly Accounts of the National Institute of Statistics (INE) compiled today by Lusa, the performance of […]
Portugues Finance Minister Fernando Medina, who started today a visit to Luanda, until Thursday, at the invitation of his Angolan counterpart, Vera Daves de Sousa, was speaking to the press after visiting the company Angonabeiro. According to the minister, the businessman and founder of Grupo Nabeiro - Delta Cafés, who died last March 19 in […]
The Angolan airline TAAG and the Brazilian GOL signed today a code-share agreement to "boost passenger traffic" between Latin America, Africa, and Europe. Passengers of both companies will enjoy new destinations. In a statement released today, TAAG said that passenger traffic, under the agreement, should be carried out through the hubs of São Paulo/Brazil (Guarulhos […]
The Monetary Policy Committee (CPMO) of the Bank of Mozambique has decided to maintain the monetary policy interest rate (MIMO rate) at 17.25%, as it had done in January. "This decision is supported by the maintenance of the outlook for single-digit inflation in the medium term, notwithstanding the materialization and worsening of some risks," the […]
By Adnardo Barros The net result of Sociedade de Seguros de Angola (Nossa Seguros) grew 33% in 2022, compared to 2021, settling at US13.37 million due to the business portfolio growth. The "Life" and "Health" branches stood out among those most contributed to this rise. This growth, said the executive director, Cristina Nascimento, was possible […]
Germany’s Socialist Government, headed by Olaf Scholz, officially committed to a deficit ceiling of around €45.6 billion by 2023, a margin that on paper guarantees compliance with not exceeding net borrowing of 3% of GDP for the year, a ceiling set by the Maastricht agreements for all members of the European Union. However, the most […]
Colombia's Attorney General's Office has sent a document to the Constitutional Court requesting that it declare null the "total peace" law passed by President Gustavo Petro's government to facilitate negotiations with terrorist groups. "The Constitutional Court should declare the unconstitutionality of the totality of Law 2272 of 2022 to ensure the supremacy of the Political […]
The worst economic crisis in three decades in Cuba has generated an exodus never seen before on the island. Although in the more than 60 years since the triumph of the Revolution led by Fidel Castro, many Cubans have sought a better life beyond its borders. The United States, a traditional destination country for Cuban […]
The South American branch of automaker Stellantis plans a series of significant investments starting in 2025, aiming to outperform its competitors, according to the company's regional general manager. "For the next cycle, my investment, if approved, will be much larger than the sum of my competitors," Antonio Filosa told reporters at a carbon emissions reduction […]
The United Nations (UN) has warned of the expansion of drug trafficking and violence caused by organized crime in Latin America. However, the United Nations Office on Drugs and Crime (UNODC) clarified that these are not the region's only challenges. In this context, UNODC also pointed to serious, growing problems, such as corruption, arms trafficking, […]
Researchers from universities in Ecuador and Belgium have discovered a new mushroom species with high potential for medicinal purposes. This was reported by the Universidad Técnica Particular de Loja (UTPL), a study group member, on Sunday (2). The educational institution pointed out that mushrooms are a species-rich group, with an estimated 1.5 to 5 million […]
Rental prices of an apartment in the City of Buenos Aires increased 25.7% in the first quarter of 2023 and 118.6% in the last months of the year, well above inflation, which in February showed a year-on-year variation of 102.5%. According to a Zonaprop report, a two-room apartment in the City of Buenos Aires is […]
Ecuador’s President Guillermo Lasso confirmed on April 2 that he would submit to impeachment proceedings against him for the alleged crime of embezzlement in the case known as El Gran Padrino, but did not rule out using the “cross death” method to dissolve Parliament. “I must face the Ecuadorian people; I could not dictate the […]
Twitter CEO Elon Musk made history this Friday in favor of transparency. In April, Twitter released some of its source code for public inspection, including its controversial algorithm to recommend tweets on users’ timelines. On GitHub, Twitter posted two repositories containing much of the company’s code that make many parts of the social network work, […]
The OPEC+ Joint Ministerial Monitoring Committee has stated that an additional voluntary reduction in the production of several countries of the bloc and Russia will amount to 1.66 million barrels per day by the end of 2023. Russia and Saudi Arabia took over the main commitments to cut. According to market experts, the unexpected decision […]
Named Army Commander by President Lula, General Tomás Paiva revealed the mission he received from the President when he took office. "My goal is to remove politics from the Force," the general declared in an interview with O Globo newspaper, published this Sunday 2. "We are professionals and must focus on our work." Paiva also […]
By Carol Scolforo Those looking from the outside can imagine this house in Brasilia as a simple box on a 713 m² plot. The surprise is poetic: upon entering, one sees that it is distributed in a ribbon, in 340 m², as explained by the authors, the architects of the ARQBR office. This creates courtyards […]
Angered by a law that provides for the removal of books with pornographic content from school libraries and classrooms, a father in the US state of Utah has made an unexpected request to the board that evaluates the banned works. He wants to ban the Bible from schools, claiming it is "one of the most […]
By Luisa Purchio One of the main flags of the governor of the state of São Paulo, Tarcísio de Freitas, is the privatization of Sabesp, raised with conviction at the end of last year, even before he took office on January 1. Although considered the "crown jewel" of the state's privatizations, Freire's mission will not […]
By Marcos Tosi This year, when Brazil is expected to surpass the 300 million tonnes mark for the first time, a logistic bottleneck will be accentuated, reaching an equally historical level: 120 million tonnes will not have storage space. This is more than the entire crop of Argentina, which faces a third consecutive year of […]
The percentage of Brazilians who believe the country's economic situation will worsen in the coming months has increased. According to a Datafolha survey released over the weekend, those predicting turbulent months jumped from 20% of those interviewed in December to 26%. The portion of the population counting on the improvement of the economic scenario decreased […]
On the last weekend of March, the European Union's (EU) High Representative for Foreign Policy, Josep Borrell, participated in the Ibero-American Summit in the Dominican Republic. In an interview with EFE, he considered that Latin America is being "underestimated, undervalued." For the diplomat, the region "could be the new Persian Gulf [...] in a world […]
