In Brazil, smaller cities with upscale tourism, far from large metropolises and with under 100,000 residents, are emerging as centers for fractional ownership. Notably, Caldas Novas in Goiás and Gramado in Rio Grande do Sul lead with the most projects. Fractional ownership lets people co-own vacation or luxury properties, making high-end assets more affordable. It […]
China faces significant economic challenges as it diverges from the World Bank’s high-income country threshold. In 2023, its per capita gross national income (GNI) slightly fell to $12,597, marking the first decline in dollar terms in nearly 30 years. This drop places China 9% below the revised high-income category minimum of $13,846, signaling a setback […]
Central banks across Africa, including Kenya and Nigeria, have raised interest rates to fight inflation and stabilize their economies. Nigeria’s rate hit 18%, aiming to reduce high inflation after several hikes since 2022. This move intends to make loans pricier and encourage savings, impacting living costs and goods’ affordability. Kenya surprised many by boosting its […]
In Chad’s capital, N’Djamena, the sound of gunfire echoed a day after announcing presidential elections for May 6. This violence marks a continuation of political unrest and opposition to military governance. The government pointed fingers at the Socialist Party Without Borders for inciting this unrest, a claim the party’s leader disputes. President Mahamat Déby, who […]
Colombian President Gustavo Petro experiences a notable increase in public approval, according to the Invamer Poll. His government’s rating rises to 35% as he surpasses eighteen months in office. Despite ongoing challenges and stalled reforms, this marks a recovery from previous lows. The survey, a longstanding bi-monthly tradition, reveals 58% disapproval yet shows a positive […]
The Aerospace Meetings Querétaro 2024 recently facilitated vital connections between leading aerospace and automotive companies and new suppliers. The event aimed to empower SMEs to meet larger corporations' requirements through business meetings, conferences, and workshops. At the event, Luis G. Lizcano, executive president of Femia, delivered a pivotal conference titled "Mexico: Navigating the Future of […]
Brazil's Finance Minister, Fernando Haddad, has taken a strong stance at the G20 meetings, proposing a tax on the world's billionaires. This call for reform, aimed at bridging the wealth gap globally, showcases Brazil's commitment to social justice and fairness. Haddad's initiative, inspired by the EU Tax Observatory's findings, reveals that billionaires' tax rates are […]
IMF Director Kristalina Georgieva praised Brazil's economic growth, highlighting its standout performance globally. Despite global growth at around 3%, Brazil's focused economic policies and major reforms have gained international recognition for their potential to boost growth. Expected GDP growth below 2% in 2024 may seem small, but Georgieva thinks it reflects Brazil's broader commitment to […]
For Brazilians, a quick trip to Argentina offers a rich wine tourism experience, renowned for both quality and value. Despite economic fluctuations and price hikes in hospitality, Argentina's wine prices in shops remain appealingly low compared to Brazil. Mendoza, accessible via direct flights from Brazil to
(Opinion) Brazilian President Luiz Inácio Lula da Silva frequently highlights the “Global South,” aiming to lead this diverse group amid geopolitical shifts. Critics argue the term “Global South” is too broad, covering nations with varying political, economic, and cultural backgrounds. This includes democracies and dictatorships, such as China, Nicaragua, and Venezuela, complicating a unified identity […]
In the last three years, Brazil has witnessed a dramatic rise in farmland prices, nearly doubling to R$ 55,000 (USD 11,000) per hectare by the end of 2023. This spike reflects a worldwide increase in agricultural commodity prices and a significant expansion of farming areas within the country. Even after adjusting for inflation, prices saw […]
Luxury travel company Kuoni has unveiled its list of the world's must-see travel experiences. To compile this list, Kuoni focused on events that occur no more than twice a year and garnered the most searches on Google. Among the top 10 must-see travel experiences based on Google searches, Brazil's Rio Carnival stands out, securing the […]
Today’s soccer highlights feature Fluminense’s battle against LDU in the Recopa Sudamericana and Fortaleza’s clash with Fluminense PI in the Copa do Brasil. The day also includes matches from the Copa Libertadores, Copa do Brasil, Belgian Cup, Copa del Rey, and Portuguese Cup, among others. Where to Watch Today’s Soccer Matches Live: Copa do Brasil […]
Telegram is revolutionizing the messaging app industry by launching an ad revenue-sharing program. This program enables channel owners, even those with a minimum of 2,000 subscribers, to earn from ads in partnership with the Yandex Advertising Network. This strategic shift is significant for Telegram, which prides itself on privacy and user-centric features and currently has […]
In April, the U.S. Supreme Court will examine Donald Trump’s claim of presidential immunity. This case ties to charges of trying to change the 2020 election outcome, leading to the Capitol attack. Set for April 22, oral arguments will precede a June verdict. The issue arises from Trump’s challenge to the 2020 election results, which […]
On February 28, 2024, São Paulo's Security Secretary reported a 13.6% drop in January's robbery cases, extending 2023's downward trend. The city recorded 10,373 incidents, signaling ongoing improvements in public safety. Vehicle thefts hit a 24-year low at 922 cases, down 24% from the previous January. Cargo theft decreased by 22.5%, with no bank robberies […]
The US Defense Department now uses artificial intelligence (AI) to identify targets in airstrikes in Iraq and Syria. This method, highlighted by Bloomberg, helped target 85 strikes this month after an attack by Iran-backed militants. AI found targets like rockets and drone centers, leading to their destruction. Project Maven started in 2017 with Google's help. […]
The National Liberation Army (ELN) released 26 hostages since December, fulfilling a pledge to the Colombian government. This announcement came from the peace negotiation delegates on February 28. Colombia’s President Gustavo Petro, aiming for peace, had earlier provided the ELN with a list of captives in Mexico City, prompting their release across different dates. This […]
Palmeiras won against Portuguesa 2-0 in a delayed 5th-round Paulista Championship game, securing the league’s lead. Flaco López and Gabriel Menino scored the goals. López now ties with Dellatorre as the leading scorer. This victory keeps Palmeiras undefeated, with 24 points, moving ahead of Santos in Group B. Ponte Preta and Água Santa are also […]
Roberto Campos Neto, leading Brazil's Central Bank, underscored the need for low, stable, and predictable inflation at the G20 meeting in São Paulo. He argued that such inflation is key to boosting economic growth and enhancing living standards. His remarks came as G20 leaders prepare for a major summit in Rio de Janeiro, with Brazil […]
Brazil is taking a stand on March 2nd with a countrywide initiative, "Brazil United Against Dengue," to tackle a severe dengue outbreak. Health Minister Nísia Trinidade announced the plan, focusing on public education about prevention. The outbreak has soared, nearing 1 million cases this year, with 7,771 being severe. Dengue has caused 196 deaths this […]
Argentina faces a 4% drop in industrial output in 2024 due to less consumer spending and public works. The Argentine Industrial Union (UIA) shared this forecast, drawing on data from over 700 firms. These firms have seen productivity fall, a trend tied to tough economic conditions in the nation. The UIA’s report shows many companies […]
Rafael Tellechea, Venezuela’s head of PDVSA, recently visited Spain to deepen ties with Repsol, a major energy firm. From Murcia’s Cartagena Industrial Complex, he discussed enhancing their partnership. The plan? To process Venezuelan oil in Spain and increase Venezuela’s oil output. Repsol’s facilities are well-equipped for Venezuelan crude, signaling strong collaborative potential. Tellechea met with […]
President Luiz Inácio Lula da Silva of Brazil announced plans to renew diplomatic ties with Caribbean nations. He emphasized Brazil's commitment to regional collaboration at the Caribbean Community Summit in Georgetown, Guyana. Lula's pledge to contribute to the Caribbean Development Bank signifies Brazil's broader intent to strengthen its regional and global influence. This move is […]
Yesterday, French Finance Minister Bruno Le Maire opposed U.S. Treasury Secretary Janet Yellen’s idea to use $300 billion in blocked Russian assets. This clash shows deep divides within the Group of Seven (G7) nations on how to handle these funds. Le Maire, after G7 finance talks, argued that the current global laws do not support […]
