US Senator Marco Rubio has demanded an investigation into a partnership launched by carmaker Ford with a Chinese company and Brazilian mining company Vale, claiming it could "threaten the national security" of the US. Ford announced on March 30 a deal with Zhejiang Huayou Cobalt and Vale's Indonesian subsidiary to produce nickel in Indonesia, which […]
Volkswagen will reduce from two to one shift at its plants in São José dos Pinhais, in Paraná, and Taubaté, in the countryside of São Paulo. The German assembler will also temporarily suspend labor contracts for up to four months. The measures will begin on June 1. The company intends to adjust production to the […]
By J.R. Guzzo* (Opinion) The Lula administration and its censorship bill, disguised as a virtuous set of measures intended to "put order in the chaos of the internet" (and even "save children's lives," among other prodigies never before seen in the history of this country) were defeated in the House of Representatives. They wanted, by […]
Bitcoin mining is on the rise worldwide, and the increase in activity in Latin America (Brazil, Venezuela, Paraguay, and Argentina) has also been remarkable in recent months. Bitcoin mining is a process that provides computing power to process transactions and secure and synchronize all users on the network. It is a type of decentralized Bitcoin […]
Argentina is on the brink of financial collapse as record inflation and the Argentine peso devaluation hit the market. According to research by Steve Hanke, professor of applied economics at Johns Hopkins University, the peso has depreciated 47% against the US dollar, and inflation is over 118% annually. His solution: dollarize the Argentine economy. While […]
More than half of Peru’s 1.5 million foreigners, most of them from Venezuela, are in the country with irregular immigration status, according to data released Wednesday (3) by Peru’s interior minister. Based on data available through mid-April, Interior Minister Vicente Romero said that about 60% of foreigners living in Peru had entered or stayed in […]
By Daniel Guerrero Gustavo Petro’s government has several reforms among its plans It has already approved tax reform and is making progress in health, pension, and labor reforms, but another tax reform is planned on the horizon, but now focused on territorial taxes. After Ricardo Bonilla arrived at the Ministry of Finance, he was asked […]
The rent price in the City of Buenos Aires (CABA) rose 10.1% in April, registering the highest increase ever since the adjustment of the Rent Law in 2020, according to data from the real estate sector. Thus, this year's accumulated increase reached 38.4%, above inflation. While the uncertainty regarding the future of the Rent Law […]