Today, the number of Brazilians living abroad hits a historic high of 4.5 million, outnumbering the population of Paraíba state. Between 2012 and 2022, over 2.6 million Brazilians have left their homeland, with notable increases during the crisis years of 2013 and 2020. This trend, widespread among the youth and skilled professionals, poses a challenge […]
Ecuador is experiencing a surge in violence, with eight people killed in Guayaquil, a city in the southwest, last Saturday. This event is part of a series of three massacres within two days, marking a worrying escalation. Attackers, armed and in a vehicle, targeted a group in the Guasmo sector, causing immediate fatalities and numerous […]
This week, Latin America turns its attention to central banks, with Chile, Colombia, Mexico, and Peru at the forefront. Analysts at Bloomberg Economics predict a notable interest rate cut in Chile from 7.25% to 6.5% on Tuesday. They believe further reductions will be minor, pointing towards an adjusted monetary stance favoring slight economic growth and […]
Amid sanctions on Russian and Venezuelan oil, U.S. suppliers are making significant inroads into markets once led by OPEC+. Western sanctions against Russia in 2022 propelled U.S. oil exports to record highs, with five new monthly records established. As restrictions on Venezuela loom, U.S. oil is increasingly replacing sanctioned supplies, particularly in India, a key […]
Brazil's fintech sector faces a steep challenge in 2023, with major players like Open Co and Nexoos experiencing a 60% default rate on certain loans. This spike in defaults is stirring turmoil in the $13.2 billion FIDC market, driving the delinquency rate up to 9.5% from 3.5% in six years. The FIDC market refers to […]
(Analysis) This year, Brazil works on its ambitious role as G20's rotating president, aiming to influence key outcomes amid global political complexities. Experts say President Luiz Inácio Lula da Silva aims for a major impact, but global politics and differing superpower interests may hinder consensus. Professor Aline Alves from the Federal University of Goiás, in […]
Peru’s President Dina Boluarte strongly objected to a police raid on her residence in Lima, labeling the action as “disproportionate” and “abusive.” She insisted on her cooperation with the ongoing investigation into luxury watches she allegedly failed to declare, countering claims of her resistance. Boluarte, in a nationwide broadcast, surrounded by her supportive Cabinet, underscored […]
As Latin America’s largest and most influential country, Brazil shapes regional trends more significantly than often perceived on the global stage. In March 2024, we mark 60 years since Brazil initiated a wave of military dictatorships that swept through South America until 1990. The 1964 Brazilian coup, with U.S. support, sparked authoritarian rule across the […]
In September 2023, a buyer acquired 466 lots of the world's most sought-after wines at a U.S. auction for $9.3 million in a remarkable sale. Among these was the famed 1999 Romanée Conti, fetching about $275,000 per bottle. This sale underscores the luxury sector's steady pace, unaffected by economic shifts. It signals a bright future […]
This Easter Sunday is brimming with action-packed soccer matches featuring teams like Liverpool, Manchester City, Real Madrid, and Botafogo. The spotlight is on leagues from France, Spain, Scotland, the Netherlands, Germany, Portugal, and the Premier League, offering a thrilling lineup for sports enthusiasts. Live Soccer Match Schedule and Broadcast Details: French Ligue 1 Lorient vs […]
São Paulo is on the brink of unveiling Parque Global, a transformative luxury district along Marginal Pinheiros. This landmark, Latin America's largest, combines residential towers, a mall, a cancer center, a university, and a 52-story skyscraper. Set on a 218,000 square meter plot by Benx and Related Group's Jorge Pérez, the development promises a new […]
(Analysis) Western nations are grappling with a pressing issue: a steep decline in military recruitment and retention, which threatens their defense capabilities and democratic integrity. The common belief that wars are relics of the past, coupled with a lack of readiness to make sacrifices, has led to fewer people joining the armed forces. This worrying […]
Palmeiras reigns as Brazil’s and the Americas’ most valued team in soccer, with the latest figures affirming its commanding lead at the top. Its valuation now surpasses Flamengo’s by almost 60 million euros, marking a significant distance between them. The spotlight shines on Endrick, heralded as the pinnacle of football talent in both regions. His […]
