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«The Rio Times»
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2023

Новости за 23.03.2023

How Uruguay became one of Tesla’s South American capitals

«The Rio Times» 

In July 2020, the first Tesla-branded electric car (a Model 3) was sold in Uruguay for US$82,900. Since then, journalistic records show that by mid-2022, at least 50 cars were manufactured by Elon Musk's company circulating in Uruguayan territory. However, the first Tesla that arrived in Uruguay dates back to November 2017, when Orlando Dovat, […]

This country has the highest current account deficit among LatAm’s main economies

«The Rio Times» 

The Chilean economy closed 2022 with a current account deficit accumulated in the year of US$27.1 billion, which represents 9% of the Gross Domestic Product (GDP). The negative balance of the indicator, which measures income and payments abroad for the exchange of goods and services, is above that recorded throughout last year in other major […]

How much do Argentina, Brazil, Mexico, and the rest of LatAm depend on tourism?

«The Rio Times» 

The region of Latin America and the Caribbean is the most dependent on tourism globally. However, this dependence is heterogeneous and varies enormously depending on the sub-region. When observing how much the Gross Domestic Product of Latin American countries is tied to what happens with tourism, it can be seen that in Mexico, the dependence […]

Peru: constitutional complaint against former PM Betssy Chávez approved

«The Rio Times» 

The Peruvian Congress has approved this Wednesday a constitutional complaint against former Prime Minister Betssy Chávez for the alleged crimes of rebellion and conspiracy. The plenary of the Congress has decided, with 66 votes in favor and 11 against, to suspend the also congresswoman "while the criminal process lasts", as reported by the Lower House. […]

Mourão says Lula is fucking Brazil

«The Rio Times» 

Former Vice President and Senator Hamilton Mourão (Republicans) came out in defense of former Minister of Justice and Public Safety and also Senator Sergio Moro (Union Brazil) regarding a speech made during an interview given by President Luiz Inácio Lula da Silva (PT). In an interview with TV 247 on Tuesday (21), President Lula recalled […]

China resumes beef imports from Brazil 

«The Rio Times» 

China has agreed to resume beef imports from Brazil immediately. The statement was released on Thursday, 23, by the Chinese General Administration of Customs (Gacc). "The General Administration of Customs attaches great importance to the voluntary suspension, has held several rounds of technical consultations with the Brazilian side, and has organized experts to conduct a […]

Brazil: left-wing protesters close Paulista Avenue for the second time this week

«The Rio Times» 

Students, teachers, and leftist social movements protested against the new rules for high school and defended the adjustment of the national salary floor for teachers. The acts were concentrated in front of the São Paulo Museum of Art (Masp), on Avenida Paulista, on Wednesday afternoon, 22. This is the second mobilization of students against the […]

Brazil: farmers in the state of Bahia organize against Landless Workers Movement’s “Red April”

«The Rio Times» 

Worried with the inertia of Lula's government and the government of Bahia's Jerônimo Rodrigues (PT) in containing the invasions of rural properties, farmers from Bahia are organizing themselves, with the support of city halls and class entities, to face the "Red April". During this month, the Landless Rural Workers Movement (MST) usually invades properties to […]



Brazil: Ibovespa closes at the worst level in 9 months

«The Rio Times» 

On Wednesday, 22, the Ibovespa closed with a retraction of 0.8%. The level stood at just over 100,000 points. It is the worst mark for closing a trading session since the end of July 2022. At the same time, the dollar also ended the day down, at R$5.24. The main index of the Brazilian market, […]

Brazilian Central Bank ignores Lula and warns it might keep interest rates high for a long time or even raise them

«The Rio Times» 

By Fernando Jasper The Central Bank's Monetary Policy Committee (Copom) ignored pressure from President Luiz Inácio Lula da Silva (PT) and indicated that it might maintain the basic interest rate (Selic) at the current level - the highest in six years - for a "prolonged period," or even raise it. "Considering the uncertainty surrounding its […]

Billionaire investor of Tesla and Skype will give scholarships to Brazilians

«The Rio Times» 

Billionaire Tim Draper, who was one of the initial investors in what are now large companies such as Tesla, Skype, and Twitch, will provide grants worth US$12,000 to Brazilian entrepreneurs. The program includes five weeks of acceleration at Draper University in California, with classes and activities monitored by Silicon Valley entrepreneurs. At the end of […]

The urban art of French artist JR arrives in São Paulo

«The Rio Times» 

By Nara Roesler* Only the cultural melting pot of the third millennium could generate someone like JR, the photographer and street artist who has become a phenomenon of global social art. Respected in the stratosphere, high and low, and known everywhere by his pseudonym of two initials, JR calls himself "an urban activist. This fearless […]

Paraguay and the US agree to develop Master Plan for Paraguay River navigability

«The Rio Times» 

Paraguay and the United States governments signed a Memorandum of Understanding for the Elaboration of a Master Plan for the Navigability of the Paraguay River. Following this, Paraguay's Ministry of Foreign Affairs (MRE) requested the consent of the Ministry of Public Works and Communications (MOPC) as a member institution of the sector. Subsequently, the MOPC […]

Thales, Saab, and Hensoldt compete to supply Brazil with two 3D radars

«The Rio Times» 

Thales, Saab, and Hensoldt are the only three companies that have so far submitted bids for the tender opened by the Brazilian Air Force (FAB), which seeks to acquire two mobile three-dimensional radar systems for the 1st Communications and Control Group (1º GCC), a long-standing request of the FAB within its Strategic Programs. By definition, […]

Strike in the subway of SP affects the Blue, Green, Red, and Silver lines

«The Rio Times» 

The São Paulo Subway workers have started a strike affecting the Blue, Green, Red, and Silver lines. The São Paulo Subway said, at 5:53 am, that the service in the sections was completely paralyzed. The Yellow and Purple lines are operating normally. According to the São Paulo subway, transfers to the Green and Red lines […]

Russian state-owned company announces new gas export deal to China

«The Rio Times» 

The company did not reveal further details, saying it could not release “any additional information.” Russia’s state-owned gas company, Gazprom, announced on Tuesday (21) an agreement with the government of China that will increase the number of the export of gas from Siberia to northeastern China. Vladimir Putin and Xi Jinping signed the new cooperation […]

In 2023 alone, more than 60 projects against gender ideology were presented in Brazil

«The Rio Times» 

By Letícia Alves Legislative initiatives against gender ideology are emerging all over Brazil, especially against using neutral language and prohibiting gender transition in children. Previously treated as a “conspiracy theory,” gender ideology has taken over the streets, schools, hospitals, books and movies, and even public bathrooms. As could not be otherwise, it is also in […]

Opinion: Lula’s Foreign Minister strongly implied that Putin would be arrested if he visits Brazil

«The Rio Times» 

(Opinion) Lula is truly a liberal-globalist who voluntarily surrendered his country's objective national interests to the West out of ideological solidarity. The same man who legendarily co-founded BRICS almost a decade and a half ago has backstabbed one of this same multipolar group's fellow founding fathers upon ordering his Foreign Minister to strongly imply that […]

President Arce says Bolivia loses up to 42% of glaciers due to climate change

«The Rio Times» 

Due to climate change, a natural occurrence, Bolivia has lost up to 42 percent of glaciers in the last three decades and, therefore, an unquantifiable amount of water, Bolivian President Luis Arce Catacora revealed on Wednesday. “Bolivia is one of the countries that are most aware of the role it has as a State to […]

Brazilian government cuts primary deficit forecast for 2023 by more than half

«The Rio Times» 

The Brazilian government today reduced to R$107.6 billion reais (US$20.546 billion) the primary deficit forecast for this year, less than half of the R$228.1 billion (US$43.555 billion) previously forecast, informed the Ministry of Planning and Budget. The revision places the primary deficit at one percent of Brazil's Gross Domestic Product (GDP). The primary deficit is […]

Unemployment rate in Argentina dropped to 6.3 percent by the end of 2022

«The Rio Times» 

The unemployment rate in Argentina dropped to 6.3 percent at the end of 2022, representing 0.7 points less than the unemployment registered during the previous year, the National Institute of Statistics and Census (INDEC) reported yeterday, Wednesday. According to the state entity, unemployment in the South American country covered approximately 900,000 people that make up […]

Panamanian government forecasts at least 5% economic growth in 2023

«The Rio Times» 

Panama’s Minister of Economy and Finance, Héctor Alexander, assured today that his country’s economy would grow at least five percent this year, the ministry said in a press release. According to information for Alexander, the Panamanian economy has been recovering well, and the outstanding growth in Latin America will continue, despite the international situation. According […]





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