When it comes to the Brazilian state of Rio Grande do Sul, the first word that comes to most Brazilians is "tradition". But although its capital, Porto Alege, still keeps many links with its roots, it also means having contact with a cosmopolitan side. Filled with cultural programs, good food, and many outdoor activities, the […]
Brazil faces an expected shortfall in sugarcane harvest next month, with dry conditions posing a significant threat to crop development. Plinio Nastari of Datagro highlighted that weak spring rainfall could degrade sugarcane quality for the second half of the year. An early-year drought has already prompted mills to postpone harvesting. Early-season productivity may initially seem […]
In February 2024, Mexico’s inflation drop aligned with expectations, hinting at likely interest rate cuts by Banxico on March 21. The National Consumer Price Index (INPC) slightly increased by 0.09% from January, bringing the yearly inflation rate to 4.4%, reports the National Institute of Statistics and Geography (Inegi). The Citibanamex survey expected this inflation rate […]
According to the Central Bank, the consolidated public sector's nominal deficit rose by R$494 billion ($98.8 billion) within a year. Finance Minister Fernando Haddad, seen with a worried expression, highlighted in 2023 the impact of the high Selic rate on the fiscal deficit. The nominal outcome, which includes debt interest payments, reached a deficit of […]
In 2023, China’s investment in the Asia-Pacific region experienced a significant surge of 37%, reaching a total of nearly $20 billion A report from Griffith University and Fudan University highlighted this increase alongside a 14% rise in construction contracts worth $17 billion. This boost contrasts with a 12% fall in foreign direct investment in the […]
The IMF projects 13.9% economic growth for Macau in 2024, with a goal of matching pre-pandemic economic levels by next year. The organization suggests making it easier to hire skilled foreign workers to fuel this expansion. Macau, a former Portuguese colony until 1999, is renowned for its unique blend of Portuguese and Chinese cultures. This […]
Since late 2022, Angolan families have shared their increasing worries about their future economic well-being. According to an official study, they fear worsening conditions and higher unemployment by September 2024. This week, Angola's Statistics Office shared findings from a recent survey. It shows Angolans growing more doubtful about their economic prospects. This feeling has deepened […]
Family-owned companies in Mexico, Brazil, and Chile significantly influence Latin America, contributing 60% to the GDP and driving job creation, as EY and the University of St. Gallen's 2023 report show. In Brazil, the leading 10 family businesses generated over $245.9 billion. Mexico's top 10 family firms brought in $137 billion, while Chile's leading six […]
This Wednesday, Colombians took to the streets to voice their concerns over President Gustavo Petro’s legislative proposals, now moving towards crucial debates in Congress. Protesters focused on healthcare, pensions, and labor laws. They also criticized the handling of Ecopetrol and debated the future of oil and gas reserves in the shift towards clean energy. Germán […]
In Mexico’s upcoming presidential election, security is the primary concern. Xóchitl Gálvez, representing the opposition alliance of PAN, PRI, and PRD, began her campaign in Fresnillo, Zacatecas. Recognized by an INEGI report as Mexico’s most perilous city, Fresnillo’s choice underscores the pressing issue of security. Gálvez suggested building a high-tech prison to combat crime, sparking […]
Joe Biden and Donald Trump each clinched significant victories on Super Tuesday, paving their way to their respective party nominations. Biden, without serious competition, and Trump, with firm Republican base support, seemingly conclude the nomination race, although official confirmation may take weeks. Their swift wins suggest a replay of the 2020 electoral face-off, posing a […]
Chile alters Fidae air and space fair, April 9–14, at Santiago's Comodoro Arturo Merino Benítez International Airport. Israeli companies, traditionally participants in this event organized by the Chilean Air Force, will not attend the 2024 fair. The decision, unveiled by the Chilean National Defense Ministry on March 5, aligns with President Gabriel Boric's stance. It […]
The distribution of power in Brazil's Chamber of Deputies took shape with the selection of thematic committee chairs. Out of 30 committees, 19 have chosen their leaders, with Bolsonaro's PL taking charge of key ones. Caroline de Toni (PL-SC) will lead the Constitution and Justice Committee (CCJ), while Nikolas Ferreira (PL-MG) heads the Education Committee. […]
In 2023, Venezuela faces two contrasting realities: the enduring power of Chavismo and a determined opposition seeking genuine democratic elections. Nicolás Maduro seeks reelection, potentially surpassing Hugo Chávez’s tenure, amid claims of guaranteed victory due to his control over the governmental and judicial systems. This assumption of an uncontested win raises concerns about the integrity […]
Today’s spotlight is on Al Nassr and Vasco da Gama matches, with key games from the Saudi Championship, Conference League, Europa League, Copa Sudamericana, and Copa Libertadores. Where to Watch Today’s Soccer Games Live Saudi Championship: 2:00 PM: Al Nassr vs. Al Raed, BandSports and GOAT Channel Conference League: 2:45 PM: Various matches, including Ajax […]
In Brazil, the move to increase biodiesel in diesel fuel ignites debates between the agriculture and energy sectors, involving giants like Petrobras. This change is part of the "Fuel of the Future" bill, aiming for a greener Brazil with more renewable energy. Deputy Arnaldo Jardim champions this bill to cut carbon emissions and align with […]
União Brasil and PSD are gearing up for a significant role in the 2026 elections. Both parties, part of Lula's supporting Centrão group, are exploring different paths. União Brasil contemplates an independent presidential bid and leadership in Congress. Meanwhile, PSD looks to support Lula's potential re-election. With new leadership, União Brasil aims for greater autonomy […]
Under Lula's administration, Brazil will monitor Venezuela's controversial presidential election on July 28, which coincides with Hugo Chávez's birthday. Due to its political significance, the election has captured global interest. However, despite promises of transparency, evidence suggests a biased setup favoring Nicolás Maduro. The pro-Maduro judiciary has barred opposition leader Maria Corína Machado by imposing […]
Traders focus today on Petrobras (PETR4) as its earnings loom, sparked by a R$30 billion ($8 billion) drop after hints of dividend cuts. Yet, Petrobras plans to release the second dividend installment, offering R$ 0.672182 per share to all shareholders. The awaited financial details will shape market expectations. A conference call is set for tomorrow, […]
Brazil clinched a 3-0 victory against Mexico, advancing to the Women’s Gold Cup final in San Diego. Adriana, Antônia, and Yasmim scored, setting up a showdown with the United States. The US team had previously beaten Canada in penalties after a draw. The final match is set for Sunday night at Snapdragon Stadium. Mexico’s unexpected […]
According to AirHelp, Brazil impressively marked its presence on the global aviation map in 2023, with four of its airports ranking in the top 10 worldwide. The achievement puts Brazil at the forefront of global airport services. Recife's airport ranks second worldwide, behind only Muscat Airport. It highlights the airport's standout punctuality, satisfaction, and amenities. […]
Brazil's dengue vaccination campaign started on February 9 but faced hurdles, as only 17% of doses found recipients a month later. Despite distributing 1,235,236 doses across 18 states and the Federal District, officials only vaccinated 209,484 children aged 10 to 11 years. Moreover, skepticism from Brazilians toward government vaccinations has grown, especially after the COVID-19 […]
Peru’s Congress decided on Wednesday to restore a bicameral legislative system in the Senate and the Chamber of Deputies after thirty years. Lawmakers are also allowed to seek reelection immediately. Despite strong public opposition in 2018, this decision moved forward. The vote ended with 91 in favor, 31 against, and three abstentions, exceeding the required […]
Yesterday in Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1,000 pesos for the first time in 2024. Called the ‘blue dollar’, it hit 990 pesos at close, marking a 40-peso drop from early March. Such a decrease narrows the gap to its smallest since December 2019. […]
FS Fueling Sustainability, a Brazilian company, has become the first to receive approval for producing green jet fuel from corn. This news came out on Wednesday, as per UOL. The firm got a special certificate called ISCC Corsia. It shows they are doing something new and important. They use corn grown after soybeans on the […]
