By Juan Pablo Álvarez April inflation in Chile was 0.3% month-on-month and stood at 9.9% year-on-year. The Consumer Price Index (CPI) pierced double digits after twelve consecutive months above 10%. Chile accumulated inflation in 2023 is 2.1%. This is positive news, below the median of consultancies (0.4% monthly) in the latest survey of the Central […]
Teenager Sofia Langenbach has been using cannabis since she was five years old. She was just a toddler when her parents planted three cannabis sativa plants on the balcony of the family's apartment in Botafogo, southern Rio, in 2016. Growing this type of plant is prohibited by law in Brazil. Still, lawyer Margarete Brito and […]
In communication with La Nación Media, Carlos Fernández Valdovinos, Ph.D. in economics and former president of the Central Bank of Paraguay (BCP), stated that in Paraguay the inter-annual inflation rate reached 5.3%, which means that it is decreasing compared to the previous year. Despite this, he indicated that inflation at the margin, that is, in […]
If artificial intelligence (AI) makes a wrong decision, who answers: the person who decided to use it or its developer? The questioning sounds like something out of science fiction, but Brazil now has a bill (PL 2338/2023) with principles and rules for using and applying the technology. Presented last week, the text resulted from a […]
By Gabriel de Arruda Castro A new survey by the Policy Institute linked to King's College London is consistent with the thesis that Brazil is the least racist country in the world. In 1958, a television program in the United States brought together four exchange students from different countries to talk about life in their […]
Prime Minister Giorgia Meloni deployed a series of measures formally announced on Labor Day, giving rise to an ambitious program to reform Italy’s economy and solve the deep imbalances it has exposed in the last 15 years. Meloni announced three main axes for the reform agenda: labor legislation, the corporate and personal tax structure, and […]
By Estêvão Júnior A team of scientists from Tel Aviv University in Israel has developed an artificial intelligence tool capable of quickly translating Akkadian texts written by the Babylonians and Assyrians. The study was published in the journal PNAS Nexus on Monday 2. The technology, however, still needs to be improved. It will be used […]
By Artur Piva The Bank of Brazil closed R$ 2.9 billion (US$600 million) in business deals in the 28th edition of Agrishow, the largest agribusiness fair in Latin America. The event occurred between May 1st and 5th in Ribeirão Preto, in the interior of the state of São Paulo, 315 kilometers from the state capital. […]
By Artur Piva The latest United Nations (UN) survey on food prices shows that it became more expensive to eat in April. According to the survey, sugar and meat are among the villains for the increase. The survey is from the UN Food and Agriculture Organization (FAO), which monitors the monthly variation of average food […]
By Fernando de Castro The shift to the left in Latin American countries has brought an economic cost to its nations. According to the International Institute of Finance (IIF), the outflow of large fortunes in 2022 was the largest in ten years, according to a report by Bloomberg news agency, published on Tuesday 2. High-net-worth […]
By Artur Piva The entry version of the Renault Kwid, the cheapest zero-kilometer car in Brazil, has increased in value and now costs almost R$69,000 (US$13,902). With the increase, its price is now tied with the competitor Fiat Mob. According to CNN, Renault attributes the increase in prices of its vehicle to the global economic […]
By Artur Piva Amidst the economic difficulties faced throughout the pandemic, Brazil has achieved results above the world average. A look at the increase in the cost of living in the G20 countries shows, for example, that Brazilian inflation evolves less aggressively. Revista Oeste surveyed data from the Organization for Economic Cooperation and Development (OECD) […]
The Workers' Party (PT) has extrajudicially notified Google for a suggested search revision that associates President Luiz Inácio Lula da Silva with corruption, according to O Globo newspaper and the UOL portal. On Friday (5), the day before the coronation of King Charles III, users showed images of searches for "Lula coronation" that were answered […]
By Silvio Ribas One of the crucial projects for the government of Luiz Inácio Lula da Silva (PT), the new fiscal framework, under discussion in the House of Representatives, will have changes. For this, the Executive will need to make concessions. Congressman Cláudio Cajado (PP-BA), the proposal's rapporteur, has already said that the text delivered […]
El Salvador and Russia united through music to pay tribute to the famous Russian pianist, composer and conductor Sergei Rakhmaninov, with a concert for the 150th anniversary of his birth held at the National Theater of El Salvador. "This is a very special concert that we perform in conjunction with the Russian Embassy, and we […]
By Valdir da Silva Bezerra* Brazil traditionally occupies a rather determined space in international trade, namely as an importer of manufactured goods (about 25% of total Brazilian imports in recent years was made up of machinery) and a supplier of commodities to world markets. For example, about 20% of all Brazilian exports comprise primary products, […]
Mexican President Andrés Manuel López Obrador promised that the controversial Mayan Train, one of the emblematic works of his six-year term, will begin operating in December 2023. As he usually does on weekends, the Latin American leader flew over the construction zone of the project, which includes 1,554 kilometers of railroad tracks to connect important […]
By J.R. Guzzo* The annulment of the pardon that former president Jair Bolsonaro granted to former congressman Daniel Silveira is an act of revenge by the Supreme Court (STF); it has nothing to do with the law. The seizures of his cell phone and passport are acts of revenge. It is an act of revenge […]
While some choose destinations based on the experiences that the environment can provide, some travelers can't resist visiting "Instagrammable" places that yield beautiful clicks. And they are not few. 82% of Brazilians say that beautiful places, which can generate good posts on social media, are a factor that impacts the choice of a destination, revealed […]
The General Price Index - Domestic Availability (IGP-DI) registered a deflation of 1.01% in April. The data was released on Monday morning (08) by the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre). The drop in the IGP-DI was slightly higher than the median of the estimates of 16 consulting and financial […]
If you’d like to see what Brazil offers, here are five things to add to your travel itinerary. 1. Christ the Redeemer If you travel to Brazil, you’ll want to see Christ the Redeemer. Chances are, you’ve heard about the Statue of Jesus Christ, constructed from 1922 to 1931. Located on the Corcovado mountain in […]
The share of Brazilian families with debts (overdue or not) reached 78.3% in April this year. The rate is the same as observed in the previous month but above 77.7% in April 2022. The data are from Peic (Pesquisa de Endividamento e Inadimplência do Consumidor), released on Thursday (4), by CNC (Confederação Nacional do Comércio […]
A Pew Research Center survey has shown that most American journalists are concerned about the future of press freedom in the United States. Some 57% of professionals said they were “extremely or very concerned” about possible restrictions on press freedom in the country. Twenty percent said they had a low level of concern about the […]
In 4 months of the Lula 3 government, Brazil registered 56 farm invasions carried out by landless movements, according to the Opposition Observatory report produced by the PL (right) based on data from the FPA (Parliamentary Agriculture Front). This is a 143% increase compared to 2022. Here is the full report. The number also represents […]
The Supreme Federal Court (STF) of Brazil reported yesterday that by the majority, it decided to prosecute another 250 Brazilian Spring protesters, accused of attacking the headquarters of the State Powers in the city of Brasilia, last January 8. The institution detailed that the decision was taken based on an electronic vote with the result […]