Ethiopia’s Prime Minister Abiy Ahmed recently advocated for regaining access to the Red Sea, which was lost when Eritrea seceded in 1993. This statement worries neighboring countries. They fear it could lead to conflict in the region. Meanwhile, the Horn of Africa faces other issues. These include global changes like climate disasters and technological advances. […]
The government of Mozambique anticipates a significant increase in graphite production for 2024, with an expected output of approximately 329,040 tons. This is a considerable increase, over 180% more than the current year. These numbers are part of Mozambique's Economic and Social Plan for 2024. The plan is a vital part of the country's budget. […]
As elections approach, Uruguay is closely watching Argentina, where the political climate is tense and divided. Economists in Uruguay predict that Argentina will see a drop in the value of its currency, the peso. This drop will likely affect Uruguay’s economy too. Financial experts describe Argentina’s situation with one word: uncertainty. The elections are just […]
With a capacity of 14,000 megawatts, the bi-national Itaipú only trails behind China’s Three Gorges and Baihetan dams. The review of Annex C in the Binational Treaty between Brazil and Paraguay, overseeing the billion-dollar resources of the Itaipu hydroelectric plant, is projected to take 2-3 years, according to the Brazilian director general of Itaipu, Enio Verri. […]
Since January, Burkina Faso has faced a serious outbreak of dengue fever, leading to 214 deaths. The government shared these figures last Thursday. Most of the deaths occurred in the capital, Ouagadougou, and in Bobo Dioulasso, the second-largest city. During this period, 50,478 suspected cases were reported. Out of these, 25,502 were either confirmed or […]
According to a new U.S. Pentagon report, China is rapidly increasing its nuclear capabilities. The report, required yearly by the U.S. Congress, states that China had over 500 active nuclear warheads as of May 2023. The report predicts that this number will likely grow to more than 1,000 by 2030. Moreover, the report shows that […]
Yesterday, Rio de Janeiro's tourism business leaders met with Ricardo Garcia Cappelli, Deputy Secretary of the Ministry of Justice and Public Security. They discussed security measures for the city. Crime is so bad in Rio de Janeiro that the federal government now has to intervene. A lot is at stake, as Rio largely depends on […]
A government committee observed that Peru might miss its fiscal deficit targets for both this year and the next. They note that the public revenue is falling short of expectations. Carlos Oliva, who leads Peru’s Fiscal Council, shared this news. He attributes the shortfall to overly optimistic projections about economic growth. Oliva warns that the […]
The Batista family, already prominent in the meatpacking industry and among the wealthiest in Brazil, is branching out. They're putting more than $1 billion into the mining sector. Last year, their company, J&F Investments, bought mines from Vale. J&F operates in over 190 countries and employs more than 278,000 people worldwide. The company has businesses […]
Mexico and Cuba have consistently fostered strong diplomatic, cultural, and trade relationships over the years. In light of recent events, Mexican President Andrés Manuel López Obrador has openly expressed his dedication to supporting Cuba. He has shown unwavering commitment regardless of broader global sentiments or pressures. A clear illustration of this commitment was evident when […]
The union for São Paulo's metro workers held a meeting last Monday and issued a "strike alert" warning. This alert means a work stoppage could occur soon. The decision follows the Metro company issuing warnings and discussing privatization. To clarify, a strike alert informs everyone that the workers might strike at any moment. Another meeting […]
The Brazilian Football Confederation, commonly known as CBF, confirmed Neymar’s six-month knee injury. He got hurt during a game against Uruguay. Immediately, he left the field on a stretcher. Al Hilal, Neymar’s team, also confirmed the injury. They revealed that Neymar damaged his anterior cruciate ligament and meniscus in the knee. The club announced a […]
Last Thursday, Brazil's leader signed a directive establishing the country's first privately-managed Export Processing Zone (EPZ). Located in Aracruz, Espírito Santo, this industrial hub has a specific focus. It aims to accelerate exports. Covering a wide area of 50,232 hectares, the Imetame Group will manage this new zone. Before becoming operational, the zone needs customs […]
The conflict between Israel and Hamas has driven an increase in global gold prices. On October 6, one troy ounce of gold cost $1,845.20. By the 18th, it rose to $1,968.30. That's a 6.26% increase. Investors often turn to gold during uncertain times. This metal is seen as a safe asset. Yet, it's important to […]
(Sponsored) Em um mercado de jogos online cada vez mais diversificado, um gênero em particular tem se destacado pela sua simplicidade e potencial de alto retorno: os jogos crash. Nesse cenário, a crash aposta tornou-se um termo familiar entre apostadores de todos os níveis, principalmente os profissionais. Mas o que está por trás dessa tendência […]
(Opinion) Recent remarks from Russian President Vladimir Putin offer a lifeline for energy collaboration between Germany and Russia. Putin has publicly expressed willingness to supply natural gas through the Nord Stream 2 pipeline immediately. Despite political tensions, including sanctions and military support for opposing sides, Russia still seems open to critical cooperation. Could Germany’s hesitancy […]
Last September, El Niño led to unusually high temperatures in Brazil, with São Paulo experiencing a significant spike to 36.5°C, compared to its typical 25°C. Mato Grosso faced extreme heat too, reaching 48°C in some areas. This heat didn’t just make people uncomfortable. It also led to a 4% increase in energy use because more […]
Brazil's government has approved the arrival of 294 U.S. military members for a training exercise. The announcement came on Thursday, the 19th, in the Federal Register. The temporary stay spans from November 24 to October 20. The goal is to conduct joint military exercises with Brazil's army. This exercise is part of a larger initiative […]
As Argentina’s presidential election approaches, the uncertainty looms for those holding $65 billion in the country’s bonds. Most signs point to a risky investment climate, so investors are preparing for three main scenarios. Firstly, many are worried about libertarian candidate Javier Milei winning the first round. Milei, often compared to Donald Trump, wants to use […]
On October 18, 2023, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced a decision to ease some sanctions on Venezuela. These sanctions focused mainly on the oil and gas sectors. The move follows discussions between Nicolás Maduro, Venezuela’s President, and the country’s opposition. They talked about creating conditions for free and fair […]
On October 18, 2023, Israel’s Defense Forces released a video in which Spokesperson Jonathan Conricus detailed the recent explosion at Al-Ahli Hospital in Gaza. According to Conricus, the size of the impact crater doesn’t match an Israeli bomb. Both Israel and Palestinian groups are pointing fingers. Each side blames the other for the hospital explosion. […]
Egypt has invited Brazil to a summit in Cairo this Saturday to discuss the Gaza crisis. Brazil's president, Luiz Inácio Lula da Silva, is currently recovering from hip surgery. Due to his condition, he will send a delegate instead. The central issue of the meeting is the humanitarian state in Gaza. Earlier this month, a […]
At a seminar hosted by the Brazilian Center for International Relations CEBRI, experts discussed China's approach to sustainable development. Stevan Harrell, a retired professor, pointed out that China balances productivity and ecological health. He also said that China practices 'eco-development,' focusing on the environment while growing economically. Similarly, Marco Tulio Cabral, a Brazilian diplomat, addressed […]
Brazil's Foreign Minister Mauro Vieira announced in a Senate meeting that the country is considering a new peace plan between Israel and Hamas. The United States had vetoed Brazil's previous proposal at the United Nations Security Council. Vieira stated, "We may present a fresh plan based on how things evolve." He added that the new […]
Brazil's House of Representatives approved Bolivia's entry into Mercosur with 323 votes in favor and 98 against. Mercosur is a trade bloc that includes Brazil, Argentina, Uruguay, and Paraguay. Before Bolivia can join, each member country's parliament must approve the agreement. Now, the Brazilian Senate will review the matter. Brazil was the last country in […]
