São Paulo's industry experienced a positive growth rate for the third consecutive month, with a 2.9% increase in May compared to April. This growth surpassed the national average of 0.3%. The Brazilian Institute of Geography and Statistics (IBGE) reported these findings in their Regional Monthly Industrial Survey (PIM regional). São Paulo's industry has accumulated a […]
In May, the service sector in Mato Grosso experienced substantial growth, expanding by 22.5% compared to April. In contrast, the national average for the same period was 0.9%. These figures were released by the Brazilian Institute of Geography and Statistics (IBGE) on Tuesday. The IBGE monitors the performance of the sector through the Monthly Survey […]
Justice Luis Roberto Barroso of the Federal Supreme Court (STF) stated that he confronted and defeated "Bolsonarism" during an event at the 59th Congress of the National Student Union (UNE). Barroso's remarks came after being booed by a group of students due to his involvement in court cases, including those related to nursing wages and […]
(Opinion) Supreme Court Justice Luis Roberto Barroso's recent confrontation with "Bolsonarism" during the 59th Congress of the National Student Union (UNE) in Brazil has been hailed by some as a victory for democracy. However, a closer examination reveals that Barroso's actions are more indicative of a biased agenda rather than a genuine commitment to democratic […]
According to official data released on July 13, China witnessed a year-on-year drop of 12.4% in exports for the month of June. This marks the second consecutive decline and reflects a slowdown in the country’s economic recovery. China’s General Administration of Customs reported a 6.8% decrease in imports during the same period. Export activities are […]
Google has recently launched Bard, its chatbot competitor to ChatGPT, in Brazil. Bard utilizes LaMDA (Language Model for Dialogue Applications), an artificial intelligence developed by the tech giant. Similar to ChatGPT, Bard aims to provide users with a user-friendly conversational interface to seek information and receive prompt responses. As of July 13, 2023, Bard is […]
Bolivia’s state-owned company, Yacimientos de Litio Bolivianos (YLB), has initiated an exploration campaign to assess the potential of salt flats and increase the country’s lithium reserves. The Vice-Minister of Exploration and Exploitation of Energy Resources, Raúl Mayta, announced this endeavor, which involves drilling 63 wells across various salt flats in the Potosí department. The primary […]
Former Brazilian President Jair Bolsonaro has denied any involvement in an alleged coup plot that was discussed during a meeting he held in December 2022. Bolsonaro made the statement after testifying for about two hours at the headquarters of the Federal Police in Brasilia, where an investigation into his involvement in the alleged plot is […]
The Ministry of Economy and Finance of Bolivia has announced that the country’s public external debt balance is at a favorable level compared to international standards. As of May 2023, Bolivia’s external debt stands at 29.2 percent of its Gross Domestic Product (GDP), which is below the reference limits set by global organizations. The amount […]
The Mexican currency closed Wednesday’s session at 16.8870 pesos per U.S. dollar, strengthening to its best level since December 2015, according to the central Bank of Mexico (Banxico) and experts. The Mexican peso in its 48-hour interbank value oscillated during the session between 16.8990 and 16.8170 pesos against the U.S. currency, according to Banxico. In […]
More than 43 million Brazilians, comprising 18.52 million families, have risen above the poverty line in June due to an increase in per capita income, according to the Brazilian government. The Ministry of Development and Social Assistance, Family and Fight against Hunger (MDS) attributes this positive outcome to the relaunch of the Bolsa Familia social […]
Panama has launched its first digital free zone, the Panama Digital Gateway, in the capital city. This open connectivity data center serves as a hub for data services in Central America, the Andean region, and the Caribbean. The center offers the advantages of free zones for digital activities and boasts an environmentally friendly design with […]
The Supreme Electoral Tribunal of Guatemala (TSE) has officially announced the results of the general elections held on June 25. The candidates Sandra Torres from the National Union of Hope (UNE) party and Bernardo Arévalo from the Seed Movement have been confirmed as the participants in the presidential runoff. The TSE’s declaration was delayed due […]
Chile’s Finance Minister, Mario Marcel, announced that the country is projecting a 0.2% growth rate for this year, slightly surpassing expectations. Marcel shared this information during his appearance before the Finance Committee of the Senate. The projections for Chilean economic growth are currently centered around zero, with some estimates slightly higher or lower. These figures […]
Last year, Elon Musk made a visit to Brazil that bypassed the usual financial centers and bustling cities. Instead, he headed to Fazenda Boa Vista, a platinum exclusive gated community located just west of São Paulo near Sorocaba. Boa Vista, developed by JHSF Participações, is a sprawling haven for the ultra-rich, reminiscent of a small […]
The Supreme Electoral Tribunal of Guatemala (TSE) has confirmed that the presidential runoff election will be held on August 20. However, the official results of the June 25 elections have not been announced yet. The TSE stated that they are engaged in logistical preparations for the second round, as outlined in TSE Decree of Convocation […]
