The police arrested the former official of UN Anti-Mafia Commission in Guatemala, adding to the growing list of detained or exiled former justice operators. The arrest of Claudia González was coordinated by the Internal Affairs Prosecutor’s Office and the National Civil Police, as announced on social media platform X. González suggested her arrest might be […]
The conflict in Mozambique's Cabo Delgado continues despite the death of rebel leader Bonomade Machude Omar. Mozambican researchers have expressed doubt that the killing of Omar will mark the end of the conflict in Cabo Delgado. He cited the ongoing sociopolitical causes of the conflict and the potential emergence of a more radical leader. Mozambique's […]
Lula wants to resume funding Angola, but conflicts and political attrition loom, given the history of Lava Jato. Odebrecht, a Brazilian construction company, admitted in a US leniency agreement to paying US$788 million in bribes across 12 countries, including Brazil and Angola. Former Brazilian President Lula was accused of various crimes, including corruption and money […]
The meteoric economic ascent of the People’s Republic in recent decades is incontrovertible, with its burgeoning influence in South America epitomized by its trade and investment endeavors in Uruguay. China’s metamorphosis from an agrarian-based economy to an industrial and technological behemoth propelled its share of the global GDP from a mere 3% in 1990 to […]
A closely watched measure of bitcoin mining revenue is approaching a historic low as the price of the largest digital asset stagnates and competition intensifies. The so-called hash price dropped to US$0.06 per computing power unit per day on Sunday, according to Hashrate Index data. It is near the record low recorded at the end […]
Brazil propels LatAm's oil market, while Mexico and Colombia face uncertainties. Fitch Ratings' recent report reveals contrasting fortunes in Latin America's oil sector. The report suggests that Brazilian companies are expected to expand, realizing synergies and achieving economies of scale. In contrast, Colombian energy and oil firms are anticipated to face rising costs due to […]
Despite International Monetary Fund (IMF) pressure to reduce spending, Argentina resists IMF pressure and increases wages and social protection. The Ministry of Economy has revealed plans to boost public sector wages and allocate more funds to the poorest families and retirees. Economy Minister and presidential candidate Sergio Massa detailed several initiatives as reported by Bloomberg. […]
In a recent cabinet reshuffle, Venezuelan President Nicolás Maduro appointed new ministers for National Commerce, Industries and National Production, and Urban Agriculture in a bid to address various challenges facing the nation. Dheliz Álvarez, who was at the helm of the Venezuelan Corporation for Foreign Trade (Corpovex), will now serve as the Minister of National […]
The Chilean Central Bank (CB) continues interest rate cuts despite the peso decline. According to the institution’s vice president, Pablo García, the bank plans to maintain its monetary policy trajectory despite the potential inflationary impact of recent devastating floods. The CB plans to reduce interest rates from 10.25% to 7.75-8% by year-end. He noted that […]
The UAE plans to invest in the BRICS Bank and expand trade. The United Arab Emirates (UAE) sees its recent invitation to join BRICS as an opportunity to grow trade. According to the country’s Economy Minister, Abdulla bin Touq Al Marri, the country plans to invest more capital in the New Development Bank (NDB). This […]
By Joaquim Leite* (Opinion) The Amazon Rainforest, often imagined as an enchanted forest, is a region of breathtaking beauty but faces the dual challenge of oil exploration and environmental preservation. This includes severe challenges like drug trafficking, illegal deforestation, and insufficient basic services like security, health, and education. Alarmingly, almost half of the municipalities in […]
The escalating demand for essential minerals can be significantly made easier with the application of artificial intelligence (AI) technology. This is especially vital for electric vehicle (EV) batteries, renewable energy technologies, and semiconductors, as these sectors rely heavily on a consistent and optimized supply of these key minerals. AI can help streamline the supply chain […]
We present to you the top three highest-rated restaurants in the vibrant and cosmopolitan city of Balneário Camboriú (BC). In BC, a city so prosperous that it now boasts the highest real estate prices in all of Brazil, there is an abundance of restaurants catering to all preferences, lifestyles, and budgets. Among the myriad options […]
Dr. Robert Malone, a mRNA technology pioneer, expresses concern over the potential return of COVID restrictions. Malone, a key figure in developing mRNA technology for COVID-19 vaccines, has raised concerns about the possible return of COVID-related restrictions, such as lockdowns, vaccine, and mask mandates. He stressed that these measures are ‘unlawful’ and cautioned against the […]
The Central Bank revealed a minor adjustment in Brazil's economic growth projection for 2023, from 2.29% to 2.31%, a slight increase from the 2.24% estimated a month ago. Despite this, the end-of-year GDP estimate based on the most recent 28 responses remained at 2.37%. Projections for 2024 and 2025 stayed relatively stable, with a slight […]
Brazil's pork production is estimated at 6.5 million tons by 2033. The total meat production in 2022/23 is estimated at 29.6 million tonnes (Mt), with a projection of 36.2 Mt of chicken, beef, and pork by the end of the next decade. This represents a 22.4% increase in production, with the highest increases in chicken […]
Brazil to compete with the USA for soybean supplies to China in December. As the drought continues to threaten crops in the US, Chinese soybean imports from the US have recorded a significant year-on-year decline. According to BRS Dry Bulk, China, the largest global soybean importer, is increasing imports from Brazil due to lower prices […]
Argentina's Armed Forces acquire key ammunition. The country's defense minister, Jorge Taiana, and Fabricaciones Militares (FMSE) president, Iván Durigón, handed over a significant batch of high-caliber ammunition. This delivery is part of the Multi-Year Ammunition Acquisition Plan and signifies FMSE's return to producing such items after an eight-year hiatus. The batch included high-caliber ammunition for […]
A recent McKinsey study reveals that Brazil, the sixth-largest emitter of greenhouse gases (GHGs), has a unique emission profile, majorly influenced by illegal deforestation. João Guillaumon, a McKinsey partner, notes that 95% of emission reductions in Brazil can be achieved at a cost below US$20 per ton of carbon. Key sectors for decarbonization include land […]
Fitch Ratings has upgraded the long-term national ratings of four Brazilian states and two cities, with a stable outlook. The ratings were upgraded from AA(bra) to AAA(bra), the highest level on the national scale. The regions affected by the risk rating adjustment include: the State of São Paulo; the State of Alagoas; the State of […]
The U.S. has seen a remarkable surge of 34.8% in visa issuance to Brazilians in H1 2023. A total of 547,000 visas were issued, representing a significant increase compared to the same period in 2022, when over 405,000 visas were issued. This data, revealed by a study conducted by the immigration law firm AG Immigration, […]
Despite facing protests, closer ties with Russia, and halted nuclear negotiations, Iran has managed to ease its global isolation by securing membership in the BRICS group of emerging economies, a significant but limited achievement for the Iranian government. This development follows the normalization of diplomatic relations with Saudi Arabia in March, a recent prisoner exchange […]
Argentina unveils measures to combat 22% currency devaluation. The Argentine Economy Minister and presidential candidate, Sergio Massa, revealed several actions to mitigate the purchasing power decline caused by the currency devaluation approved on August 14. These measures aim to support small and medium-sized enterprises, retirees, salaried workers, self-employed workers under the simplified tax regime, social […]
China’s growing economic slowdown is causing worldwide ripple effects. It was initially predicted to drive a third of global economic growth this year, but its recent dramatic decline has sparked global concerns. Chinese imports, from construction materials to electronics, are decreasing, leading to over US$10 billion being withdrawn from Chinese stock markets and lowered targets […]
Brazil's Embraer overtakes Cessna as the preferred private aircraft in the U.S. The Brazilians have recently ended the 15-year reign of the American company, writes Bloomberg Linea in its latest report. Over the past year until August, Embraer's Phenom 300, a medium-sized jet that accommodates up to nine passengers, recorded over 360,000 takeoffs and landings […]
