Eletrobras (ELET6), a leading Brazilian energy company, reported a regulatory net revenue of R$9.7 billion ($1.9 billion) for Q1 2024. This represents a 9% increase from Q1 2023. Primarily, tariff adjustments in the transmission segment propelled this growth. Meanwhile, the generation sector faced challenges due to low energy prices and selling the Candiota power plant. […]
In 2023, Spain confirmed its status as a prime destination for Latin American investors, doubling their investments to $3.051 billion. Elisa Carbonell from ICEX and Andrés Allamand, Ibero-American Secretary General, showcased this in the Global LATAM 2024 report. During the presentation, they stressed Spain’s strategic role as a gateway to Europe and North Africa for […]
In the face of escalating pressures from the Iranian government, celebrated filmmaker Mohammad Rasoulof stands as a defiant figure in the realm of cinema. His conviction for an eight-year prison sentence marks a severe response to his critical depiction of Iran’s authoritarian regime. Other punitive measures, like flogging and property confiscation, were also imposed. This […]
Jacob Zuma, the former President of South Africa, could significantly influence the upcoming general elections despite not vying for the presidency again. After a legal battle over his eligibility due to a prior criminal conviction, a court has recently permitted him to run as a lawmaker. This allows him to spearhead his newly formed uMkhonto […]
Costa Rica stands at a critical crossroads, facing an energy crisis reminiscent of challenges not seen since 2007. This week, the nation’s energy authority sounded alarms about potential power cuts. Triggered by an intense El Niño, the severe drought has dramatically decreased rainfall, pushing the country’s electricity supply to the brink. Renowned for its lush […]
Sri Lanka is recalibrating its geopolitical stance amid growing regional tensions, pivoting towards India to balance China’s extensive influence. This strategic shift is highlighted by recent collaborations, such as a significant $442 million deal with India’s Adani Green Energy to develop two wind power stations. This partnership not only bolsters Sri Lanka’s renewable energy capacity […]
(Analysis) Late one Wednesday evening, the Central Bank of Brazil subtly lowered the Selic rate from 10.75% to 10.50%. This modest adjustment, though minor, reveals deep political rifts within the bank’s leadership that reflect broader economic concerns. A clear divide exists among the nine directors. Five, appointed during former President Jair Bolsonaro’s term, supported a […]
Amidst growing concern over the safety of pathogen studies, the U.S. government is introducing stricter regulations on gain-of-function research, which involves making viruses more potent or transmissible. This type of research, vital for understanding pathogens and developing medical countermeasures, now faces enhanced scrutiny to balance scientific advancement with global health security. The revised federal policy […]
(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power dynamic between the Executive and Legislative branches. These adjustments significantly altered the management of presidential vetoes, amplifying Congress’s role in governance. Previously, Brazilian presidents exercised considerable power, vetoing legislation with minimal resistance. Now, Congress must review and address these vetoes within […]
In the upcoming months, the iconic USS George Washington aircraft carrier, together with the USS Porter and USNS John Lenthall, will sail South American waters under the U.S. Southern Command. This deployment, part of the Southern Seas 2024 exercise, not only showcases military might but also strengthens international bonds. The mission will include sea operations […]
As South Korean President Yoon Suk Yeol reaches the midpoint of his tenure, he is actively navigating through an era marked by both internal and external challenges. President Yoon is focusing keenly on strengthening trilateral relationships with the United States and Japan. He is also addressing imminent security threats from North Korea and fostering economic […]
In 2024, EXAME Casual has recognized eight of Belo Horizonte’s eateries among Brazil’s Top 100 Restaurants. This highlights the city as a hotspot for exceptional culinary experiences. A jury of 72 esteemed critics and influencers from across the country meticulously conducted the selection. This showcases the rich variety of gastronomy that Belo Horizonte has to […]
