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«The Rio Times»
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2023

Новости за 30.03.2023

Brazil emerges as Germany’s partner to supply green hydrogen

«The Rio Times» 

When the German Federal Minister for Economic Affairs and Climate Protection, Robert Habeck, traveled to Brazil a few weeks ago, green hydrogen was particularly interesting in the German media. According to the German government, it is the key to switching the energy supply from fossil fuels such as coal, oil, or natural gas to renewable […]

Mozambican Central Bank maintains monetary policy rate at 17.25%

«The Rio Times» 

"This decision is supported by the maintenance of the outlook for single-digit inflation in the medium term, despite the materialization and worsening of some risks," the Monetary Policy Committee (CPMO) said in a statement. Among the risks are "the occurrence of natural disasters and increased pressure on public spending." Inflation accelerated from 9.78% to 10.3% […]

Angola has received 200 new industrial projects since 2018

«The Rio Times» 

The head of the Angolan executive, who inaugurated the 5th edition of Expo-Industry, in Luanda, stressed that since 2018, the growth rate of real Gross Domestic Product (GDP) for the manufacturing industry recorded an accumulated 7.7%. He highlighted 2022 with a growth in the order of 6%, exceeding the projection provided in the General State […]

Guinean Minister defends the introduction of Creole and national languages in education

«The Rio Times» 

Guinean Minister of Public Service Cirilo Djaló spoke, representing the holder of the Education portfolio, at the opening of a seminar to present a feasibility study on introducing national languages and Creole in the Guinean education system. The country's Guinean government and the UNESCO delegation jointly organize the seminar. As former Minister of Education, Cirilo […]

Guinea-Bissau opens to the world with the Ministry of Foreign Affairs website

«The Rio Times» 

Guinea-Bissau's chief diplomat Suzi Barbosa said this week that the country has "opened a window" to the world with the launch of the official website of the Ministry of Foreign Affairs. "We have opened a window of Guinea-Bissau to the world. That's what we intended three years ago." "As an emigrant, that was my concern: […]

Cape Verde had a record 835,945 tourists in 2022

«The Rio Times» 

By Adnardo Barros Cape Verdean hotels received a record 835,945 tourists in 2022, almost 31% of which were from the UK, and more than four million overnight stays, according to data announced by the country's National Institute of Statistics (INE). According to the report of Guest Movement in Cape Verde in 2022, the number of […]

Expo-industry back in Angola, three years later

«The Rio Times» 

The 5th edition of the expo-industry started this Wednesday (29) in the Special Economic Zone (SEZ) Luanda-Bengo, with 238 exhibitors' participation in an initiative of the Ministry of Industry and Trade organized by Eventos Arena. The fair is a privileged space for the Angolan industry to show the world what it has available and the […]

Cape Verdeans’ savings hit a record high with 10% growth by 2022

«The Rio Times» 

By Adnardo Barros The savings deposits of Cape Verdeans in banks reached a record €82 million in 2022, a growth of 10% in one year, according to statistical data from the Bank of Cape Verde (BCV). According to the Cape Verdean central bank's track record, savings deposits in Cape Verdean banks were valued at €60.6 […]



Opinion: Brazil does not grow because the Lula government is very bad

«The Rio Times» 

By J.R. Guzzo* (Opinion) The Minister of Finance has just said that the Central Bank (BC) "has to help the government". This is wrong, and this is one more reason why nothing relevant has worked out in the first three months of the Lula government; the general idea of the thing is fundamentally wrong. The […]

Brazil: more than 5,000 lawyers speak out against Zanin’s appointment to the STF

«The Rio Times» 

By Cristyan Costa A group of 5,500 lawyers, members of the Brazilian Right Lawyers Movement, published a manifesto against the appointment of Cristiano Zanin as Justice of the Federal Supreme Court (STF). Revista Oeste obtained the 124-page document. "The appointment to the STF collides with Zanin's ineluctable proximity to the president of the country, subtracting […]

Opinion: the worst vices of Brazilian leadership and the challenges for leaders

«The Rio Times» 

By Júlio Cezar Agostini (Opinion) Not everything is flowers in real life. This is also true for leadership processes. Leaders are human beings and, as such, are subject to their imperfections. The Brazilian sociocultural environment is full of cultural vices that work as real traps for leaders who want to use them opportunistically, enhancing the […]

Unemployment in Chile is at its highest level since 2021

«The Rio Times» 

Unemployment in Chile rose to 8.4% in the December 2022 – February 2023 moving quarter, exceeding market expectations. This is the fourth consecutive annual increase after months of decline and the highest level since September 2021. According to the National Statistics Institute (INE), the figure represented an increase of 0.9 percentage points (pp.) in twelve […]

What is friendshoring and what advantages does Latin America have to developing it?

«The Rio Times» 

According to a report issued earlier this year by Boston Consulting Group (BCG), world trade is facing a decade of inflation and stagnation. The report explained that the annual growth rate will average 2.3% through 2031, compared to a global GDP increase of 2.5%. This outlook reflects the reconfiguration of global supply chains in the […]

The best restaurants for business in Brazil and Latin America

«The Rio Times» 

Closing a deal or planning a project in any of the major cities of Latin America implies different pleasures. The satisfaction of starting, advancing, or concluding a deal and the possibility of experiencing some of the best cuisines in the world in our backyard. Latin America is one of the regions most recognized for its […]

Brazil: the dollar falls to R$5.10, and Ibovespa advances with fiscal framework and exterior on the radar

«The Rio Times» 

By Mariana d'Ávilla The optimism around the announcement of the new fiscal framework contributed to Ibovespa's gains on Thursday (30). Investors are still waiting for Central Bank President Roberto Campos Neto's speech, which may signal the next steps of the monetary authority. According to a government source heard by Bloomberg News, the new rules foresee […]

Opinion: Welcome to Lima, the temporary”right-wing capital” of South America

«The Rio Times» 

By Edivaldo Costa da Silva (Opinion) The war between left and right is in full swing in LatAm. With China as a puppet master, Venezuela, Bolivia, and Cuba act as pioneers and ‘mentors’ for the leftist newbies like Colombia and Chile, and theoretically also for Peru and Brazil. However, the scheme did not properly work […]

Brazil’s fiscal framework: watch Finance Minister’s presentation video on new rules

«The Rio Times» 

Brazilian Finance Minister Fernando Haddad attended a press conference Thursday (30) to present the new plan to control public spending that should replace the spending cap rule. The new details of the proposal influenced financial market assets such as interest rates, stock exchange, and exchange rates. On Thursday, the Ibovespa rose by 2% due to […]

Paraguay launches dictionary with 4 indigenous languages

«The Rio Times» 

The Indigenous Peoples Commission of the Paraguayan Senate launched a quadrilingual Ayoreo-Spanish-Guarani-Portuguese dictionary, an initiative to preserve the culture of the Ayoreo people. “Languages are of vital importance to people and societies; they are the basis of our thinking, of communication, of cultural transmission, of social integration, of development,” said Mario Samaja, resident ambassador to […]

Nicaragua: Ortega’s regime orders the closure of another university, the 22nd since 2021

«The Rio Times» 

In a new onslaught against dissidence, Nicaragua ordered the closure of the private university Rubén Darío and the seizure of all its assets and real estate on Wednesday (29). The Ministry of the Interior, in charge of executing this type of closure, justified the measure by arguing that the National Council of Universities (CNU) and […]

When the children of the empire rule the metropolis they despise

«The Rio Times» 

By Rebeca Crespo* Humza Yousaf is the first Muslim to take the reins of the Scottish Executive. Following the resignation of Nicola Sturgeon as a result of the controversy over her proposed trans law that lowered the right to opt for a change of gender from 18 to 16, Yousaf is the new leader of […]

Street theaters avoid ‘death’ and live a new wave in São Paulo; get to know them

«The Rio Times» 

By Lia Hama On a Sunday afternoon, couples and groups of friends have drinks, eat sandwiches, and chat at tables overlooking the Praça da República in downtown São Paulo. There, the menu's QR Codes arrive on VHS tape boxes, and the drinks are baptized with names from movies and series, such as "Casablanca" and "Sex […]

Uruguay rejects Norwegian vessels, and purchasing OPVs is, once again, undefined

«The Rio Times» 

The long and failed process of acquiring ocean patrol vessels (OPV) for the Uruguayan Navy continues to drag on without solutions. Infodefensa.com can confirm that Uruguay has dismissed the potential acquisition of Nordkapp class vessels from Norway. Once again, the Uruguayan government . . . To read the full NEWS and much more, Subscribe to […]

Brazil’s public debt rises and reaches US$1.13 trillion

«The Rio Times» 

Brazil's public debt rose 1.51% in February compared to the previous month, reaching R$5.8 trillion (US$1.13 trillion). The R$87.3 billion (US$17 billion) increase considers the government's debts in Brazil and abroad. The National Treasury released the data on Wednesday, February 29. The January percentage represented 72.5% of the Gross Domestic Product (GDP). There was a […]





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