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Новости за 10.01.2024

«The Rio Times» 

Brazil’s Ascent as a Top Safe Travel Destination

In 2024, Brazil emerged as South America's safest country for travelers. This is according to a study by Berkshire Hathaway Travel Protection. After climbing 27 places from the previous year, Brazil now ranks 15th globally. This marks a notable achievement for the country in the realm of travel safety. Brazil's ranking improved due to the […]

«The Rio Times» 

Uranium Prices Surge to a 16-year High

The uranium industry has witnessed a significant surge, with prices reaching a 16-year high. As of December 2023, uranium’s spot price stood at around $86 per pound, marking an impressive 76% increase within the year. This rise showcases the strong momentum in the uranium sector. This increase stems from several key factors. One major driver […]

«The Rio Times» 

Arctic Harvest: Norway Leads in Ocean Mining

Norway has become the first country to initiate large-scale deep-sea mining in Arctic waters, sparking considerable discussion. People who care about the environment and scientists have worries. They think this mining could hurt sea life and the variety of life in the sea. They say we could get minerals from the ground or recycle them […]

«The Rio Times» 

Streamlining Aerolíneas Argentinas

Aerolíneas Argentinas S.A., Argentina's state-run flagship airline, has recently announced a significant restructuring. This move involves reducing its directorates by 43%, from 14 to 8, and its direct reports from 17 to 11, as of December 2023. Spearheaded by Infrastructure Minister Guillermo Ferraro, this "rationalization plan" is a response to the recent appointment of Fabián […]

«The Rio Times» 

Tragic Toll in Chad: Army-Rebel Skirmishes Claim 17

Today, deadly skirmishes erupted in Northern Chad, involving the Chadian Army and FACT rebels. The clashes resulted in the tragic loss of 17 lives, including two soldiers. The incident unfolded in the early hours of the morning in the town of Wour, within the Tibesti province. According to reports, FACT rebels initiated an assault on […]

«The Rio Times» 

Brazil’s Ascent in the Startup Scene of Latin America

Brazil is rapidly emerging as a leading force in the Latin American startup ecosystem, as showcased by the South Summit Brazil event. This event, led by fintech GetNet's founder, José Renato Hopf, has become a key platform for innovation and business since 2021. The third edition, rooted in Spain and planned for March in Brazil, […]

«The Rio Times» 

Rising Star in Space: China’s Pursuit of Satellite Dominance

In a bold move to establish itself as a formidable space power, China is progressing rapidly to create its own expansive satellite internet constellation. This project, often compared to StarLink, involves launching about 26,000 satellites into low Earth orbit. The aim is to provide comprehensive global coverage, bridging the digital divide in remote areas and […]

«The Rio Times» 

Latin America’s Labor Landscape: Challenges and Trends

In Latin America and the Caribbean, the unemployment rate has seen a slight decrease, moving from 6.9% in 2022 to 6.2% in 2023. Despite this modest improvement, 19.8 million people remain unemployed. This rate is still higher than the global average of 5.1% during the same period. Edit status The International Labour Organization (ILO) highlighted […]

«The Rio Times» 

Exploring Portugal’s Residency Options: Choosing the Right Type for You

Portugal is an attractive country to live in either temporarily or permanently: great food, pleasant climate, good geographical position, and many interesting places to visit. You can easily go by plane or train to any European city and not only. Therefore, it is not surprising that foreigners choose this state. Some come here for several […]

«The Rio Times» 

Brazil’s Auto Exports to Mexico Surpass Argentina in 2023

In 2023, Brazil's automotive sector saw a 1.9% decrease in vehicle production, totaling 2.32 million units This was slightly less than the 2.36 million vehicles produced in 2022. The primary source of this information is Anfavea, the National Association of Motor Vehicle Manufacturers. The year saw mixed trends within the industry. Light vehicle production increased […]

«The Rio Times» 

Sub-Saharan Africa’s 2024 Global Economic Rise

As we look towards 2023 and 2024, Sub-Saharan Africa stands at a crossroads of economic potential and challenges. The region, according to the International Monetary Fund (IMF), is set to see a slight dip in growth to 3.6% in 2023, down from 3.8% in 2022. Factors such as reduced external demand and policy measures to […]

«The Rio Times» 

Trump in Legal Limbo: Immunity or Accountability?

Former U.S. President Donald Trump’s legal team recently faced skepticism from a panel of judges at the U.S. Court of Appeals. They argued for his immunity in a case involving alleged election interference. Trump’s attorney, Dean John Sauer, stated that prosecuting a president for official actions could harm the nation. However, the judges questioned this […]

«The Rio Times» 

Opinion: Bridging Gaps – U.S. and China Restart Military Talks

(Opinion) The recent revival of high-level defense dialogues between the United States and China signals more than a diplomatic routine. It’s a beacon of cautious optimism amid global uncertainty. These talks, named the Defense Policy Coordination Talks (DPCT), show both superpowers’ willingness to bridge communication gaps. The past two years have seen escalating tensions and […]

«The Rio Times» 

Brazil’s Historic Heat in 2023

In 2023, Brazil experienced its hottest year on record, according to a report from the National Institute of Meteorology (Inmet). The average temperature reached a new high of 24.92°C. This surpassed the previous highs in 2015 and 2019. The country's long-term average is 24.23°C. This data goes back to 1961. In 2023, Brazil also recorded […]

«The Rio Times» 

Uruguay’s 2024 Defense Outlook: Key Developments and Challenges

In 2024, Uruguay will address significant defense challenges while anticipating key additions to its naval fleet. South Korea has donated a Chamsuri-class patrol boat. This fast patrol vessel is expected to arrive in the first half of 2024. Additionally, Uruguay anticipates the arrival of the Mt. Mitchel, a scientific ship. It will replace the ROU […]

«The Rio Times» 

Cuban Fuel Costs Skyrocket, Inflation Fears Rise

In a new development, Cuba, grappling with a significant economic challenge, has announced a drastic 500% hike in fuel prices. This decision is part of an effort to reduce the nation’s fiscal deficit. Previously, fuel in Cuba was sold at subsidized rates, making it among the cheapest in the world. However, the economic situation, including […]

«The Rio Times» 

Middlesbrough Gains Edge Over Chelsea in Cup Semi-Final

In the first leg of the English League Cup semi-final, Middlesbrough clinched a 1-0 victory over Chelsea, with Hayden Hackney scoring the match’s only goal. Chelsea showed strength in ball control and crafted multiple chances to score. Yet, their efforts did not translate into goals. Conversely, Middlesbrough capitalized on a fast counter-attack, leading to Hackney’s […]

«The Rio Times» 

JBS NYSE Listing Challenged by British MPs

UK Members of Parliament are actively opposing the New York Stock Exchange listing of JBS SA, the world's largest meat supplier. The MPs are worried about the company's impact on climate change and human rights. They have written to the US Securities and Exchange Commission (SEC), asking to stop the listing. JBS, based in Brazil, […]

«The Rio Times» 

World Bank Warns of Dire Global Economy 2020-2024

The World Bank, a major financial body, recently forecasted a notable decline in global economic performance from 2020 to 2024. This period is expected to see the weakest growth in three decades. In their latest report, released on January 9, 2024, the World Bank highlighted this downturn. The focus was on Gross Domestic Product (GDP) […]

«The Rio Times» 

As December Price Surge Nears 30% Argentina Fears Hyperinflation

In December 2023, Argentina grappled with a severe inflation crisis, witnessing a monthly rate close to 30%. This rate was the highest the country had seen in over three decades. Over the year, inflation surpassed 200%, driven mainly by the peso’s significant devaluation and the removal of price controls. The peso’s official exchange rate nearly […]

«The Rio Times» 

Ecuador Experiences Worst Violence Since 1990

Ecuador experiences its worst violence since 1990, culminating in the deaths of ten individuals, including two police officers. This surge in violence stemmed from growing organized crime and drug trafficking. In Nobol, Guayas province, criminals brutally murdered two police officers, sparking a nationwide manhunt. Guayaquil, notorious for high crime rates, witnessed riots and chaos. Criminals […]

«The Rio Times» 

Ransom at Rio: Park Project Held Hostage by Crime Groups

In a new development, Mayor Eduardo Paes is actively confronting a growing, dangerous criminal trend in Rio de Janeiro. Criminal factions are extorting R$ 500,000 ($100,000) to permit the construction of Parque Piedade, a development with a budget of R$65 million ($13 million). This echoes a national issue of criminal influence on development projects. Rio's […]

«The Rio Times» 

Ecuador’s President Declares Internal Armed Conflict

Today, Ecuador’s President, Daniel Noboa, took a decisive step in addressing the country’s escalating security crisis. He declared an internal armed conflict and labeled various organized crime groups as “terrorist organizations.” This bold move came as a response to the increasing public security challenges that have been gripping the South American nation. The president’s decree […]

«The Rio Times» 

Brazil’s Stock Market Dips, U.S. Awaits Inflation Data

The Ibovespa, Brazil's main stock market index, ended Tuesday's trading session down by 0.74% at 131,446 points. Falling stocks of major companies like Vale and Petrobras drove this decrease. Concurrently, the U.S. dollar rose by 0.70%, reaching R$ 4.90. Vale's shares dropped by 1.35%, and Petrobras' preferred shares declined by 0.96%. Vale's fall is linked […]


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