John Kirby, the White House spokesperson, told reporters on Tuesday that Saudi Arabia still aims to formalize ties with Israel. According to him, the Israel-Hamas conflict complicates the situation. However, he remains optimistic that talks will continue. The U.S. National Security Advisor, Jake Sullivan, recently met with Saudi Defense Minister Prince Khalid bin Salman. They […]
The Israel-Hamas conflict has stirred strong feelings across the world. In this situation, While countries like Malaysia and Indonesia condemn Israel, Thailand has shown clear support for the Jewish state. This support became stronger after a Hamas attack took the lives of Thai workers in Israel. Because of this, people started paying more attention to […]
Colombia is on track to experience its weakest car sales in the past 15 years, according to data from Andi and Fenalco. As of October 2023, new vehicle sales have slowed by 38.8% compared to the same month in 2022. In contrast, electric vehicle sales have grown by 10.4% and hybrid vehicle sales by 5.2% […]
Chile’s latest unemployment data beats market expectations with a rate of 8.9%. A report from Scotiabank hints at an economic turnaround. It predicts a strong rise in the Monthly Economic Activity Indicator due on November 2. Experts say the unemployment drop is due to a 0.2% job growth. This outpaces the 0.1% growth in the […]
The government of Guinea-Bissau has formed a committee to discuss border issues with Senegal and Guinea-Conakry. Balbina Gomes, the leader of the committee, made the announcement. She says some border markers may have changed places. The team will visit Dakar on November 21. There, they plan to create a joint group with Senegal. This group […]
Brazil's manufacturing sector noted a 0.1% growth from August to September 2023, as revealed in a Monthly Industrial Survey. This release, dated November 1, 2023, came from the stats agency IBGE. Though this growth is below August's 0.4%, it improves upon July's 0.3% decline. The year's overall change remains at 0%, suggesting industry stagnation. Comparing […]
Brazil's top banks are gearing up for the launch of a new digital Central Bank Digital Cash/Currency (CBDC) called Drex. Leading the way, Itaú Unibanco, BTG Pactual, and Santander Brasil are adding more staff and resources. Roberto Campos Neto, the Central Bank's president, has backed blockchain technology since 2019. He says this technology will help […]
(Opinion) While it’s easy to blame El Niño or climate change, Ecuador’s ongoing energy woes truly stem from poor governance and lack of foresight. Since October 27, blackouts have plagued the country, revealing gaps in government planning. Analysts had warned about an upcoming drought, yet the government took no preventive measures. The financial toll is […]
A recent study warns that several Brazilian capitals will become some of the world's hottest cities by 2050. Conducted by Carbon Plan and a major news outlet, the study focuses on Brazil's unique vulnerabilities. Specifically, Brazil's large land area and tropical climate make it more susceptible to heat. Cities like Teresina and Cuiabá already face […]
Tropical Storm Pilar is approaching Central America with heavy rains, and the U.S. National Hurricane Center (NHC) is monitoring its progress. Currently, Pilar is 190 km away from El Salvador’s coast and moving at 6 km/h. Moreover, the storm may come closer to El Salvador or Nicaragua. However, a cold front is stopping it from […]
Guyana has appealed to the International Court of Justice (ICJ) to stop a Venezuelan referendum about the disputed Esequibo region. According to the ICJ, Guyana wants to prevent the vote in its current form. Later on, the government of Guyana said the request aimed to thwart Venezuela’s plan to claim Guyanese territory. Venezuelan Vice President […]
Chile and Colombia have recalled their ambassadors from Israel following the country’s recent airstrikes in Gaza. Chile and Colombia have recalled their ambassadors from Israel following the country’s recent airstrikes in Gaza. Chilean President Gabriel Boric announced the decision first. He cited concerns over Israel’s actions in Gaza. He believes they violate International Humanitarian Law. […]
Elbit Systems, an Israeli defense company, recently announced plans to build a $135 million artillery ammunition factory for an international client. The company did not disclose the client's name or the location of the new factory. In the past, Elbit Systems had looked into setting up military production facilities in Morocco. In building the new […]
FIFA President Gianni Infantino announced on Instagram that Saudi Arabia will host the 2034 World Cup. Australia, the only other candidate, had withdrawn earlier. Infantino said the future World Cups will span five continents and 10 countries. The final approval will happen in Thailand in May 2024. The 2026 World Cup will be in North […]
FBI Director Christopher Wray informed the Senate Committee that the recent Hamas attack on Israel has heightened concerns about new terror threats in the U.S. This event has fueled a rise in domestic threats, inspiring groups to target the West. Wray noted that tensions between Israel and Hamas have led to increased discrimination in the […]
On October 31, 2023, Ricardo Alban succeeded Robson Braga as the new CNI president, set to serve until 2027. The Brazilian CNI (Confederação Nacional da Indústria) is a major industry association that represents the manufacturing sector and aims to influence public policy in Brazil. In his inaugural speech, Alban emphasized the need for a competitive […]
This Tuesday, US Secretary of State Antony Blinken discussed Gaza’s future. If Israel defeats Hamas, he proposes that a coalition of Middle Eastern countries or global organizations should temporarily oversee Gaza. This news comes from Reuters. According to Blinken, the ideal scenario after the conflict ends is for a renewed Palestinian Authority to govern Gaza. […]
Bolivia announced it’s cutting off diplomatic relations with Israel due to events in Gaza. Interim Foreign Minister María Nela Prada and Deputy Foreign Minister Freddy Mamani made the announcement in La Paz. They said the decision aligns with UN principles like the right to life and peace. Additionally, Mamani pointed out that the Gaza situation […]
The Green Coalition of financial groups is proposing special loans for the Amazon, with official sources confirming a value of $20 billion. In a public hearing, Aloizio Mercadante, head of Brazil's BNDES, said rich countries didn't meet their Amazon pledges. Now, these banks are stepping in to offer up to $20 billion in loans. Mercadante […]
This week, the Panama Canal Authority announced new steps to keep ship traffic moving smoothly. The changes come because this month has been the driest in 73 years of records. In a bulletin, the Authority said it will limit the number of ships that can pass between the Atlantic and Pacific from November 2023 to […]
