Itaú Unibanco revised its estimate for Brazil's primary deficit in 2023 from R$205 billion (1.9% of GDP) to R$170 billion (1.6% of GDP). The revision stems, according to the bank, from a slightly smaller impact than expected from the version enacted by Congress of the Proposed Amendment to the Constitution (
The biggest popular religious festival in Salvador, capital of Bahia, the Lavagem da Escadaria da Igreja do Bonfim, resumed this Thursday, the 12th, after two years without taking place due to the Covid-19 pandemic. The procession, commanded by more than 300 typically dressed Bahians, left the Conceição da Praia church at around 9 am in […]
The director general of the Technical Support Office for the Electoral Process (GTAPE) of Guinea-Bissau, Gabriel Gibril Baldé said today that 65.6% of Guineans with electoral capacity are already registered for the legislative elections of June 4th. "Of the 844,087 predicted voters, 549,155 are registered, reaching 65.6% in these last days. This is the number […]
Inflation in Angola fell again, in year-on-year terms, in December last year, settling at 13.86%, the lowest value in seven years, according to data from the National Institute of Statistics (INE). According to the National Consumer Price Index, the year-on-year variation registered, in December 2022, a decrease of 13.17 percentage points in relation to the […]
Brazilian economic activity drops in November but annual rate maintains growth of 3.15% Brazilian economic activity fell 0.55% in November compared to October, but maintains an annual growth rate of 3.15%, the country's Central Bank reported today. The so-called Economic Activity Index (IBC-Br), which the monetary authority measures monthly in an attempt to anticipate the […]
Uncertainty is rising around the direction of private health insurers in Chile. This 2023 may be the "beginning of the most difficult year in history" for the entities, said the president of the Isapres Association, Gonzalo Simon, in an interview with a local media outlet. For more than a year, health insurers have been reflecting […]
As many grain traders focus on Argentina's three-year drought, a meteorologist is using satellite imagery to make an alarming projection: the nation's next soybean crop could fall to its lowest level in five years. Mickael Attia, crop analyst for EarthDaily Analytics, forecasts the second-quarter soybean crop to be down to 36.9 million metric tonnes. That […]
Although the dollar in Colombia just started in January touched $5,000 again, this Thursday the currency was quoted at $4,675, its lowest level since October 2022. Despite the volatility, the Colombian peso is one of the strongest currencies in the world so far in 2023, however, victory should not be claimed. According to Bloomberg data, […]
By Nicolás Promanzio In a context of expanding imports of Russian hydrocarbons in the Far East, China and India are positioned as Putin’s new clients to import huge volumes of Russian crude oil, including varieties from the Arctic originally destined for Europe. This information was released by Vortexa Ltd. and Kpler Ltd., two data and […]
A second batch of highly classified documents that should not leave the White House was discovered in the glove compartment of President Joe Biden’s personal car, inside the garage at his private home in Wilmington, Delaware. This is the second such story this week, after confidential documents were found on Tuesday in his personal office […]
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, warned this Thursday, 12, that there is concern about “civil unrest” in countries such as Brazil and Peru, which could lead to an economic slowdown in the region. “There is concern about developments on the fronts of civil unrest. What we've seen in Latin […]
By Leonardo Desideri Justice Alexandre de Moraes, of the Federal Supreme Court (STF), decided on Wednesday (11) to prohibit, without temporal delimitation, any demonstration that occupies or blocks roads, highways, spaces and public buildings throughout the national territory. Moraes' decision was confirmed by the majority of the Court this Thursday (12). For two jurists consulted […]
By Rodolfo Costa* The draft of a decree that suggested to former president Jair Bolsonaro (PL) the possibility of establishing a state of defense in the Superior Electoral Court (TSE) extends the isolation of the former president. In the current scenario of the division of the right, the analysis made by some allies and people […]
By Alexandre Garcia* (Opinion) We will update the prison data in Brasília. First of all, we have to say that there is no record of death among the people who were arrested. There is a lot of fake news out there about an anonymous 77 year old lady; they don't give the name because, if […]
By Paulo Cruz “[...] When religious stability disintegrates from the conception of the world and the sacred metaphysics of the common conscience is eroded by the particular point of view, of individual judgment, and, more than that, from a particular point of view of a particular historical moment, a characteristic perspective emerges for this isolated […]
By Fernando Beltrán Last Sunday, after the assault on the headquarters of the institutions of the three powers in Brasilia by thousands of protesters sympathetic to the former president of Brazil Jair Bolsonaro, he denied his responsibility in the aforementioned episode and repudiated the “accusations without evidence” made by the current president of the country, […]
By Carlos Esteban* The principle that citizens, like impressionable infants with limited intelligence, have no right to know the intricacies of the political maneuvers that are carried out in their name and imposed on them, is increasingly spreading throughout the West. In the United States, for example, the Republican deputies, the majority in the House […]
During his term, former president Jair Bolsonaro had a favorite destination: the Ferraretto Hotel, in Guarujá, São Paulo. The expenses made on his corporate card, which became public as shown by a report by UOL, reveal that Bolsonaro paid R$1.4 million (US$270,000) in stays at this hotel during his four years at the Planalto Palace. […]
With the London edition of RumFest UK 2022 over, the world's largest celebration of the distillate, Ian Burrell, CEO, founder of the event (in 2007) and (official title) Global Rum Ambassador, was just contentment. After all, not only did the grandiose meeting, where the best rums in the world are drunk and sold, again take […]
Inflation in Brazil registered a generalized high for all income groups in December last year, says the Institute for Applied Economic Research (IPEA). For the second year in a row, prices in Brazil were above the ceiling set by the federal government. However, there was a diffuse deceleration throughout the year in relation to 2021. […]