In a significant move against climate change, South America is advancing tree plantation efforts. Forests, essential for absorbing carbon dioxide, play a crucial role in addressing global warming. The IPCC's 2018 report highlighted reforestation as key to limiting the rise of global temperature to 1.5°C. Leading this initiative, especially in Brazil, Argentina, Chile, and Uruguay, […]
Since July 2022, Algeria has taken a significant step in mining. Over 250,000 tons of iron have been extracted from the Gara Djebilet mine. Reda Belhadj, Deputy Director-General of FERAAL, shared this update on national radio. Belhadj stated that this iron would meet part of Algeria’s market needs. The rest is set for export, leveraging […]
Ethiopia’s Deputy Minister of Peace, Taye Dendea, has been arrested amid allegations of terrorist connections. This follows his recent dismissal from office. The National Intelligence and Security Service Joint Command in Ethiopia claims Taye secretly collaborated with forces against peace, aiming to destabilize the nation. Taye is accused of engaging in terrorist acts, including kidnappings. […]
With Brazil's annual inflation rate hitting the central bank's target, this achievement paves the way for potential future rate cuts. On Wednesday, monetary policymakers are likely to apply a fourth consecutive reduction in financing costs. Official data released on Tuesday showed consumer prices in November rose 4.68% from the previous year. This figure slightly undercuts […]
This Tuesday morning, the US dollar is declining as investors react to Brazil's latest inflation data and the forthcoming interest rate decision by the Monetary Policy Committee (COPOM). The National Consumer Price Index (IPCA) reported a 0.28% increase in November, as announced by the Brazilian Institute of Geography and Statistics (IBGE). The IPCA's 12-month cumulative […]
Entering a critical phase, OPEC+ faces the pivotal task of carefully managing oil reserves in the upcoming five years. This is crucial to prevent a possible collapse in oil prices. Rapidan Energy Group, a renowned consulting firm, highlights this need in their recent report. Global oil demand is not expected to peak for at least […]
Brazil's First Lady, Rosângela ‘Janja’ da Silva, was recently targeted in a cyberattack, resulting in unexpected posts on her X account (formerly known as Twitter). These posts included offensive content and praise for ex-President Jair Bolsonaro. The Presidential Communication Secretariat of Brazil confirmed this hacking incident. Many of da Silva's followers were quick to notice […]
(Opinion) Brazilian President Luiz Inácio Lula da Silva’s recent proposal to criminalize vaccine misinformation is sparking intense debates. His stance underlines a critical public health issue but also risks impacting diverse narratives and scientific discourse. Lula’s focus on penalizing misinformation about vaccines is a direct response to concerns around public health. It’s a complex issue, […]
Brazil anticipates a substantial financial gain, estimating savings of R$ 1 billion ($204 million) through the purchase of Venezuelan electricity. This power comes from the Guri hydroelectric plant. It's a significant move for Brazil's energy sector. Amber Energy, a private company, got the green light from the government. They can now bring in 120 MWh […]
(Opinion) The changing Chinese economy is impacting the world as prices for its major exports such as steel and cars decrease, reshaping global trade. Companies in China face weaker demand at home. They’re selling goods abroad cheaper. This move is cooling inflation in other countries. But it’s also sparking more competition over prices. For the […]
Amidst budget cuts, Mexico's Air Force relies on over 50 T-6C Texan II aircraft, spread across six squadrons, for airspace defense. The 201st squadron is in Cozumel, 202nd near Guatemala in Tuxtla Gutiérrez, Chiapas, and others are strategically placed throughout Mexico. The 203rd squadron operates in Ensenada, Baja California, with the 204th in Hermosillo, Sonora. […]
Spain’s Parliament is scrutinizing a controversial amnesty bill for Catalan separatists, proposed by President Pedro Sánchez. This bill, seen as a political concession by Sánchez, aims to resolve the 2017 Catalan secession crisis, marking a significant political challenge in Spain’s recent history. Initially opposed to amnesty, Sánchez now advocates it as essential for learning from […]
In 2023, Myanmar overtook Afghanistan as the world’s largest opium producer, a United Nations report reveals. Afghanistan’s production fell dramatically following the Taliban’s prohibition of poppy cultivation, decreasing to 330 tons. Meanwhile, Myanmar’s output reached 1,080 tons, significantly impacting its economy, contributing up to 4.1% of its GDP. Myanmar’s increase in opium production aligns with […]
The 2023 Brasileirão season achieved a historic milestone in Brazilian football by surpassing the previous high of 2011 with an average of 2.49 goals per game. The Brasileirão is Brazil's top professional football league, featuring the country's leading football clubs competing annually. This season also set a new attendance record, averaging over 26,500 fans per […]
Guyana’s President, Irfaan Ali, has taken a firm stand, declaring Esequibo, a region claimed by Venezuela, as non-negotiable. He will meet Venezuelan President Nicolás Maduro on December 14, 2023, in Saint Vincent and the Grenadines to discuss the ongoing territorial dispute. In a recent interview, President Ali announced his intention to escalate the Esequibo matter […]
In 2023, Brazil's coffee exports to China dramatically increased by 221 percent from January to November. The Council of Coffee Exporters (Cecafé) revealed this on Monday. In these eleven months, China imported an impressive 1,151,768 bags of Brazilian coffee, each weighing 60 kilograms. Brazil is recognized as the world's leading coffee exporter and producer. Cecafé's […]
The binational airport in Rivera, located in northern Uruguay near the Brazilian border, was inaugurated this Monday. Uruguay's President Luis Lacalle Pou thanked Brazilian President Luiz Inácio Lula da Silva for his commitment to this project. Lacalle Pou mentioned the local community's and leaders' persistent demand for the airport. He highlighted how both the Brazilian […]
