After 13 years in Haiti, a Brazilian inter-congregational mission in a displaced persons camp on the outskirts of Port-au-Prince is about to close permanently due to violence in the region. The Nazareth Inter-Congregational Missionary Community was founded by the National Conference of Bishops of Brazil (CNBB) and the Conference of Religious of Brazil (CRB) after […]
Asian e-commerce giant Shein will build a factory in Brazil and say it will create 100,000 jobs. Brazil's Finance Minister Fernando Haddad has made lemonade out of lemons. A few days ago, he announced an end to the tax exemption for imports of low-value goods from other countries, especially China. The Ministry of Finance wanted […]
Argentina’s economy is teetering on the brink in the run-up to October’s presidential election. The flight to the US dollar haven accelerated this week after the failure of efforts to replenish depleted international reserves reignited fears of a possible devaluation of the heavily regulated official exchange rate. The damaging mix of drought-induced recession and skyrocketing […]
On the occasion of the ordinary shareholders’ meeting of Chilean petroleum company Empresa Nacional del Petróleo (ENAP), the Las Condes-based group presented the largest investment plan in the group’s history. ENAP is one of the largest companies in Latin America regarding sales. Accordingly, this provides for around US$3.5 billion over the next five years. The […]
The Ecuadorian economy was going through the same problems that Argentina has today, including high inflation, economic stagnation, deterioration of the social fabric, and lack of long-term credit. Dollarization laid the foundations for a model change that made it possible to overcome these problems. The dollarization of Ecuador not only implied a change in the […]
The invasion of the Three Powers buildings in the Brazilian capital last January 8, the culmination of months of protests against the victory of Lula da Silva, served the leftist government to launch a massive campaign of arbitrary arrests against the opposition. Journalists, business people, politicians, and even social media influencers who supported the electoral […]
By Isabela Fleischmann and Filipe Serrano Shein's plan to seek to raise to 85% production in Brazil of clothing sold on its marketplace in the country by 2026 was not only taken in response to discussions in the Lula government to create a tax on imported and sold products worth up to US$50. This is […]
Keiko Fujimori, leader of the Peruvian party Fuerza Popular (right), reported this April 20 that she had been diagnosed with a tumor with possible malignant complications. “After a series of medical examinations in recent weeks, I have been detected with a tumor measuring approximately four by 2 centimeters, diagnosed as follicular neoplasia, Bethesda system of […]
Located on the Sanavirón peninsula in Puerto Paraíso Bay, the Brown Antarctic Base, a research station belonging to Argentina, has become a place of interest for visitors to the sixth continent. Every summer, tourist cruise ships visit the site, which has been operational since 1951. The Argentine scientific station in Antarctica, dedicated to biodiversity research, […]
The Brazilian Central Bank (BC) informed on Thursday (20) that the CMN (National Monetary Council) approved a resolution that simplifies and standardizes procedures of the SML (System of Payments in Local Currency), which brings together Brazil, Argentina, Paraguay, and Uruguay. According to the Central Bank, this system allows transactions between companies and individuals from these […]
On Thursday (20), Ibovespa rose 0.44% and closed at 104,367 points after a session with low trading volume, totaling R$18.4 billion (US$3.64 million). In the week, there was a drop of 1.86%. With an empty agenda on the holiday's eve, the market continues to follow the text of the tax framework being processed in Congress. […]
The elections in Paraguay, where votes will be cast for the positions of president, vice president, senators, deputies, and governors of the Departments for the 2023-2028 term, will be held next April 30. According to Paraguayan electoral legislation, there will be a single round of voting for president in which the winner will be the […]
By Marcus Vinicius Gasques Chevrolet could start producing electric cars in Brazil by 2030, the group's president for South America, Santiago Chamorro, has revealed. To justify his optimism, the executive cited a survey conducted in the North and South American markets in which 86% of consumers intending to buy a new car between 12 and […]
John Kerry, the US special presidential envoy for climate change, said on Thursday (Apr.20, 2023) that the US respects Brazil's sovereignty. In an interview with GloboNews, Kerry said that the US also wants to work with Brazil. "We expect that we work together [with Brazil] cooperatively." "We are honest and sincere about working together in […]
The President of the United States, Joe Biden, affirmed this Thursday before his Colombian counterpart, Gustavo Petro, that Colombia is “key” as a partner in Ibero-America. “I believe we can further deepen and develop our cooperation,” Biden told Petro, who, for his part, said that both the United States and Colombia share “a common agenda” […]
Bolivia’s Minister of Economy and Public Finance, Marcelo Montenegro, has acknowledged that political friction in the country is causing difficulties for the Bolivian economy, as different members of Bolivia’s legislative body are blocking the approval of at least two loans from multilateral organizations. At a press conference, the head of the Bolivian economy urged the […]
Twitter began on Thursday, April 20, to eliminate the verified symbol from thousands of users who have not joined the Twitter Blue program. Neither the former president of the United States, Donald Trump, the singer Justin Bieber, nor Pope Francis were spared. The owner of the social network, Elon Musk, who paid US$44 billion for […]
The governor of São Paulo, the conservative Tarcísio de Freitas, announced the adhesion of Toyota to the ProVeículo Verde Program (Green Vehicle Program). The initiative encourages the development of less polluting vehicles with the release of accumulated ICMS credits. The information was disclosed on Wednesday 19 during a ceremony with Governor Tarcísio and Rafael Chang, […]
In October 2022, the official election results showed that Luiz Inácio Lula da Silva had won in 13 of the 27 states of the Federation: all the Northeastern states, plus Amazonas, Pará, Tocantins, and Minas Gerais. On Wednesday 12, the website Poder360 informed that the number of Bolsa Família beneficiaries exceeds the number of workers […]
By Erich Saumeth The Colombian Ministry of Defense, through supporting document Agreement 027 / Commitment Number 14323, has confirmed the purchase of the Elbit Systems Atmos 6x6 155x52 millimeter self-propelled howitzer. It is worth mentioning that Elbit has simultaneously announced - on its web page - the sale of this system to an international customer […]
By Diógenes Freire Despite being destroyed by an explosion detonated remotely from the control room after a problem was detected, the success, at least in the launch phase of SpaceX’s Starship rocket, in practice, changes the rules of the aerospace industry and opens new possibilities for the company’s owner, billionaire Elon Musk. Until today, the […]
By Diógenes Freire Two days after giving in to pressure and giving up on taxing imports of products worth up to US$50, the Minister of Finance, Fernando Haddad, announced what seems to be the same measure, just with a different name. Haddad said Lula's government would copy other countries and adopt a "digital tax" for […]
President Luiz Inácio Lula da Silva (PT) arrived in Portugal at 6:35 am this Friday (21), Brasilia time - 10:35 am, Lisbon time. He will stay in the country until Tuesday (25). Then, the Brazilian leader will go to Madrid, Spain. Lula and first lady Janja left for Lisbon at 10 pm on Thursday (20). […]
A survey on international tourism in the state of Rio de Janeiro, carried out by Fecomércio-RJ (Federation of Commerce of Goods, Services, and Tourism of the State of Rio de Janeiro) shows that Rio de Janeiro is a good destination for vacationing and shopping. The study surveyed 866 foreign tourists, from March 7 to 14, […]
Petrobras was the 6th oil company that received the most funds from financial institutions from 2016 to 2022: US$26 billion. The Brazilian state-owned company was behind 5 other large companies: Exxon Mobil, Saudi Aramco, BP, Shell, and TotalEnergies. The data are in the report "Banking on climate chaos" 2023, prepared by NGOs such as Reclaim […]