In an effort to reduce its dependence on China for solar power, Europe is shifting its focus to fortifying its own capabilities. This intent was underscored at the Intersolar Europe 2023 trade event in Munich, Germany, where the emphasis was on Europe reclaiming photovoltaics (PV) production to achieve energy autonomy and establish a durable, resilient […]
According to the World Bank's 'Migration and Development Review,' remittances to low- and middle-income countries experienced an 8% uptick in the last year, reaching US$647 billion. Of this, Latin America contributed US$145 billion, signifying a regional growth of 11.3%. Mexico, in particular, witnessed a 12.9% surge to US$61.1 billion in remittances, ranking second globally after […]
Luiz Inácio Lula da Silva, the President of Brazil, stated that the European Union (EU) should not pressure the Southern Common Market (Mercosur) into signing a trade agreement. He voiced this opinion ahead of his discussions with Emmanuel Macron, the President of France, on this topic. President Lula is scheduled to participate in a public […]
Scherly Arriaga, one of the vice-presidents of the National Congress in Honduras, has alleged a conspiracy against President Xiomara Castro’s administration. This follows the departure of Gabriela Castellanos, the National Anti-Corruption Council Executive Director (CNA), from the country. Tegucigalpa’s media outlets recently reported Castellanos and her family’s exit from Honduras on June 19, citing purported […]
The Mozambican government has decided to use, as of today, international prices as a reference for mineral resources exported by the country, aiming to combat under-invoicing, the Ministry of Economy and Finance said. "The government decided to establish a mechanism for setting reference prices in the export of mineral resources, a measure that aims to […]
Brazil's economy is predicted to grow by 2.14% this year, marking the first time it's projected to rise over 2% for 2023, as per a consensus forecast from around 100 institutions revealed by the country's Central Bank. This projection, up by three-tenths from last week's estimate, reflects a significant uptick in economic optimism for Latin […]
The Bolivian administration has rebuffed an overture from ex-president Gonzalo Sanchez de Lozada, known as Goni, to revert to the Republic structure. The government believes that the Plurinational State, introduced by previous president Evo Morales, has led to substantial progress, stated UN Ambassador Diego Pary. Goni’s bid, termed retrograde by Pary, falls short of contributing […]
A new regulatory framework for cryptocurrencies, approved in December 2022, is taking effect in Brazil. Key features include the integration of fraud penalties into the Criminal Code and the establishment of norms for cryptocurrency exchanges. The legislation, which the industry has received positively, expands existing financial laws and allows for more detailed regulation of cryptocurrency […]
Air Europa pilots are initiating 14 days of strike action from Monday until July 2nd across all bases and work centers in Spain. The Spanish Pilots Union (Sepla) is ushering in the third wave of strikes at the airline, following actions in May in response to the company's refusal to accept their wage demands and […]
At least one student lost his life in a school shooting that occurred on Monday morning (19th) in Cambé, a city in southern Brazil. This information was confirmed by the state government of Paraná. Following the shooting, the local police were called, leading to the apprehension of the shooter. The person arrested was identified as […]
The Brazilian luxury real estate market remains resilient despite rising credit costs. São Paulo's prime region, Jardim Paulista, sees scarce launches due to limited land. Developers prize these rare opportunities for the potential to command above-average rates per square meter. Gafisa, a leading developer, has confirmed plans to develop a high-end condominium on the luxurious […]
Ecuador’s President Guillermo Lasso is contemplating leading the opposition, a shift from his earlier consideration of vying for the country’s presidency. His change in direction follows his decision to opt for a ‘cross death,’ a mechanism dissolving Parliament in exchange for his resignation as the head of state, after the commencement of his impeachment trial. […]
The Superior Electoral Court (TSE) of Brazil is set to start proceedings on a case that might impact the electoral eligibility of former President Jair Bolsonaro of the conservative PL party. The case was filed by the PDT, a leftwing political party in Brazil, and hearings are set to begin on Thursday, the 22nd. The […]
Brazilian aerospace leader, Embraer, has joined forces with a Japanese firm to create a new company focused on developing electric motors for eVTOLs, commonly known as flying cars. The announcement came at the global aerospace industry event, the Paris Air Show. Embraer will hold a 49% stake in this new venture, with the remaining 51% […]
By J.R. Guzzo* (Opinion) The Brazilian Congress is on the verge of becoming a useless public office - or one of those decorations that dictatorships maintain to pretend they are democracies but which command nothing, represent no one, and have not, in practice, the remotest possibility of contradicting the will and decisions of those who […]
São Paulo governor Tarcísio de Freitas, who took office in 2023, faces the challenging task of combating increased criminality within the state. As reported by the State Department of Public Safety (SSP-SP), an historically low number of military police, a deficit exceeding 30% in the civil police force, and a 4.7% rise in homicides compared […]
Venezuela, despite being home to significant global oil reserves, continues to grapple with fuel shortages. In response, the state of Mérida, led by Jehyson Guzmán from Nicolás Maduro’s PSUV party, has initiated a unique lottery system for citizens to refuel their vehicles. The system, broadcast on local radio, involves drawing numbered balls between 0 and […]
Brazil's President, Luiz Inácio Lula da Silva, embarks on another journey to Europe on Monday evening (19) for bilateral meetings with the governments of Italy and France. In the first leg of his trip on Tuesday (20), the President is set to meet Italian Prime Minister Sergio Mattarella and the Mayor of Rome, Roberto Gualtieri, […]
The unexpected departure of Don Lemon and the entrance of Tucker Carlson into the Twitter realm underscore the ongoing challenges that large news outlets like CNN and Fox News are experiencing, including dwindling power, audience, and revenue. CNN’s substantial audience decline since late 2020 is well-documented. It has been suggested that American viewers have a […]
(Opinion) It’s a story of four children, obeying the immutable laws of the jungle and an ex-President of the U.S. defying the laws of man. The rescue of four courageous children after 40 days alone in the Amazon jungle is more than just a heart-warming saga. It speaks volumes to the hereditary discipline and jungle […]
In the Apurímac River gorge in the Peruvian region of Cusco, a six-century-old structure is about to be reborn. Perched 28 meters high, several men weave the final sections of the world's last remaining Incan rope bridge. Every June, the Quechua indigenous people engage in an arduous preservation ritual in what was once the heart […]
The northeastern region of Brazil, specifically Ceará, is set to benefit from one of the most substantial private investments in the state's recent tourism history. Around sixty investors have committed to a large-scale tourism project in the small kite paradise of Preá, known for its abundant water sports opportunities. The project comprises a luxury residential […]
Despite its remarkable potential, the Brazilian mining industry, Latin America's largest, is not fully represented in the capital markets. Out of many companies, only four main mining entities, Aura Minerals, CBA, CSN Mining, and Vale, have listings on B3. Additionally, two other companies, Usiminas and Gerdau, engage in iron ore production, but their main operations […]
