As reported by official sources on Thursday, Argentina’s industrial activity dropped by 0.3% in October compared to September. This data, released by the National stats agency Indec, showed a 0.8% decrease from October 2022, continuing a five-month downward trend. In October, declines were noted in ten of sixteen industrial sectors. Significant drops occurred in food […]
The Japanese yen surged against the dollar following Bank of Japan (BOJ) Governor Kazuo Ueda’s remarks. His comments hinted at a possible departure from the bank’s negative interest rate policy. The yen reached a four-month high, indicating market anticipation of policy change. Ueda’s discussion about monetary issues with Prime Minister Fumio Kishida further fueled the […]
Ethiopia, under Prime Minister Abiy Ahmed’s economic growth strategy, plans to issue up to five banking licenses to foreign investors within five years. Solomon Desta, the central bank’s vice governor, announced the plan, emphasizing joint ventures or local subsidiaries as entry options. The banking sector, currently with 29 players, is dominated by the state-owned Commercial […]
Brazil now offers electronic visas, or e-Visas, to tourists from the United States, Australia, and Canada. This new system starts on January 10. Embratur and the Ministry of Tourism are spreading details about this process. They use various platforms like videos, social media, and email marketing. The e-Visa process is entirely online, making it convenient […]
SpaceX, led by Elon Musk, is considering an internal sale of shares, a move that could value the company at over $175 billion. The plan involves a public offering ranging from $500 million to $750 million. These figures come from sources who wish to remain anonymous due to the sensitive nature of the information. The […]
Colombia is at risk of an energy deficit in the coming years due to delays in transitioning to renewable sources under President Gustavo Petro’s administration. Petro’s government aims for a carbon-neutral economy based on clean energy. However, local communities are hindering progress. These communities, especially near project sites, have blocked the execution of investment plans […]
In November, Chile’s consumer prices exceeded analyst forecasts just before the central bank’s last monetary policy meeting of 2023. The year’s annual inflation rate decreased to 4.8% from 5% in October. However, it went beyond the expected 4.2%. The stats agency INE reported a monthly inflation rate of 0.7%, much higher than projected. A crucial […]
Brazil's President, Luiz Inácio Lula da Silva, is now mediating a dispute between Venezuela and Guyana. This issue involves Esequibo, a region rich in oil and similar in size to Florida. Guyana controls it, but Venezuela has claimed it since the 19th century. Lula, often an independent arbiter in global conflicts, faces this challenge as […]
Mexico is poised to attract $106.418 billion in foreign direct investment (FDI) over the next two to three years. Based on international companies’ plans, this forecast aligns with a trend called nearshoring. Nearshoring involves relocating supply chains closer to their end markets. Manufacturing companies are the main contributors, making up 40% of this investment. Additionally, […]
Brazil's vehicle exports plummeted by 23% in November, a significant drop from the previous month's total of 31,276 units to 24,068. This decline also marked a 44.6% fall compared to last year's month. The National Association of Automotive Vehicle Manufacturers (Anfavea) released these figures in their recent report. The decrease stems from reduced demand in […]
Embraer Defense and Security has successfully delivered an upgraded EMB 145 AEW&C aircraft to the Brazilian Air Force (FAB). The aircraft, known as E-99M, is notably the first to be in full operational capability (FOC) with certified systems. It plays a critical role in Airborne Early Warning and Control and Intelligence, Surveillance, and Reconnaissance missions. […]
Russia is strengthening its commercial and military activities in the Arctic, recognizing its growing strategic value. The country focuses on developing a maritime passage that links Asia and Europe. Notably, Russia’s nuclear agency Rosatom recently unveiled two RITM-200 reactors. These will power the new icebreaker, Chukotka. The melting of Arctic ice makes this expansion feasible. […]
In São Paulo, a key legislative session was disrupted to decide on the privatization of Sabesp, the state's sanitation company. This happened on Wednesday, December 6, 2023, at the São Paulo State Legislative Assembly (Alesp). The disturbance began when protesters in the gallery pressed against the separating glass, showing their dissent. The disruption occurred while […]
Ecuador’s President, Daniel Noboa, recently announced a bold plan to combat the country’s soaring crime and violence. On Wednesday, he unveiled a strategy to build high-security prisons and deploy offshore barges. These measures aim to isolate the most dangerous criminals, addressing the nation’s urgent security challenges. In his first interview since taking office on November […]
Brazil is embarking on an ambitious plan to expand its farming without damaging forests. The government's new decree focuses on converting degraded pastures into productive, eco-friendly agricultural lands. This move aims to protect the Amazon rainforest, of which Brazil holds 60%, and halt deforestation by 2030. Since taking office, President Luiz Inácio Lula da Silva […]
In 2022, Brazil, under the Bolsonaro administration, saw its poverty rate significantly drop from 36.7% in 2021 to 31.6%. This information comes from the Brazilian stats agency IBGE. They also noted a decrease in extreme poverty, from 9% to 5.9%. These figures sharply counter the autumn 2022 election claims of the current left-wing government, which […]
On December 7, Brazil's President, Luiz Inácio Lula da Silva, will welcome leaders from Argentina, Paraguay, Uruguay, and Bolivia in Rio de Janeiro. This event is the 63rd summit of Mercosur, the Southern Common Market. The gathering is happening at a crucial time. The focus is on a pending free trade deal with the European […]
Microsoft has begun accepting Litecoin as a payment option, a significant move facilitated by BitPay, a leader in cryptocurrency payments. This development marks a notable milestone in the integration of digital currencies into mainstream commerce, particularly for a tech giant like Microsoft. BitPay's adoption of Litecoin for Microsoft's products and services signifies Litecoin's increasing acceptance […]
(Patrocinado) Equipes de nível de playoffs: Los Angeles Lakers, Sacramento Kings Na temporada passada, após um início extremamente ruim, os Los Angeles Lakers tiveram um próspero prazo de inverno, após o qual a equipe mudou completamente e começou a exibir um basquete de alta qualidade. Os Lakers conseguiram uma boa sequência após o inverno e […]
