Nubank, the largest digital bank in the Americas, has presented its financial statements for the first quarter of 2023. According to a statement, the bank, founded by Colombian David Velez, added 4.5 million customers in the quarter and 19.5 million customers year-over-year, reaching a total of 79.1 million customers, up 33% year-over-year, underscoring Nu's position […]
The mausoleum in Santos (Brazilian state of São Paulo), where Pelé is buried, was opened to the public on Monday (15). The Sportsman of the Century died of multiple organ failure on December 29, 2022, at 82. The “Soccer King” body is buried in the Memorial Necropolis Ecumenical vertical cemetery. The visitation can be done […]
Irritator challengeri belongs to the bipedal carnivorous dinosaurs, more precisely: to the spinosaurs. Irritator has the world's most completely preserved fossil skull of a spinosaur. With the help of X-ray computer tomographs from the fields of medicine and materials research, scientists from Greifswald (Germany), Munich (Germany), Alkmaar (Netherlands), and Fribourg (Switzerland) have now conducted in-depth […]
At the end of April 2023, Chilean President Gabriel Boric announced the nationalization of the country’s lithium deposits. In his speech justifying his actions, Boric highlighted the economic and social reasons that often lay behind nationalization and made a significant appeal to environmental awareness. Chile’s nationalization of lithium is a harbinger of a coming international […]
Data from the global assessment PIRLS (Progress in International Reading Literacy Study) released on Tuesday, 16, show Brazil ahead only of Iran, Jordan, Egypt, and South Africa in a ranking that evaluated the ability of 4th-grade students in 57 countries to read and understand texts. Eight nations/cities, called "benchmarking" by the organizers, also participated in […]
By Zenyazen Flores A new migration crisis is sweeping through Mexico and Central America following the end of Title 42, which restricted the right to seek asylum at the Mexican border with the United States. The lack of financial and human security is driving out thousands of migrants from El Salvador, Guatemala, and Honduras, who […]
By Raylí Luján On his first visit to Caracas, a car-loving tourist this month came across a scene that seemed like a mirage: a Ferrari showroom with huge windows in the Las Mercedes neighborhood, known for concentrating high-end apartments and luxury stores in the Venezuelan capital. “Is it for real?” he asked a friend and […]
By Ruth Carson, Malavika Kaur Makol and Karl Lester Some of the world's biggest institutional investors are betting on emerging-market currencies like Brazil to outperform their rich-nation peers as monetary tightening draws to a close, growth slows and calls for a weaker dollar increase. T. Rowe Price, which manages US$1.3 trillion in assets, Fidelity International, […]
After months of quarrels with the Colombian government, the airline Avianca desisted from absorbing the ‘low cost’ firm Viva, accusing the aeronautical authority of making the operation “unviable”. Bogotá, for its part, assures that the Colombian air market “is robust and solid”. The disagreements between the Colombian government and Avianca Airlines seem to have reached […]
The protest of retired military and police officers against Gustavo Petro’s administration on May 10 included a call to “defenestrate” the president. In an interview with Sputnik, sociologist Luis Celis argues that certain sectors of the security forces are still in the Cold War and resist change. On May 10, retired officers and non-commissioned officers […]
Sinan Ogan, a nationalist presidential candidate who finished third in Sunday’s general election in Turkey, said he could only support the main opposition candidate, Kemal Kilicdaroglu, in the runoff if he agreed not to offer concessions to the Kurds and their political representatives. In Sunday’s preliminary election results, Ogan obtained around 5.2%, emerging as a […]
By Santiago Vera Garcia Initial results show opposition parties Move Forward and Pheu Thai outpolling Prime Minister Prayuth Chan-ocha’s party. The election has been described as a turning point for Thailand, which has recently experienced military coups. Thailand’s opposition won a surprise election victory on Sunday after defeating the ruling party, setting the stage for […]
By Leonard Quinde Allieri (Opinion) A few months before the elections in Argentina, dollarization is the focus of the political debate. Meanwhile, Ecuador could become a roadmap for understanding what it solves and doesn't. At the end of April, a graph on cumulative inflation in Ecuador, produced by the Latin American Strategic Center for Geopolitics […]
(Opinion) Even Elon Musk has joined the rousing Silicon Valley chorus line calling for a pause in AI development. He is riding the wave of the prestigious Future of Life Org., which has issued a call on all AI labs to immediately pause for at least 6 months the training of AI systems more powerful […]
By Carlos Esteban* Republican Governor Ron DeSantis has announced that he will permanently ban covid mandates on schools and businesses in Florida. These new measures protect Florida residents from the overbearing rules and regulations imposed nationwide during the pandemic. One of the key bills focuses on preserving individual liberty and consolidates the safeguards that were […]
The regime of Daniel Ortega has intensified its attacks against the Nicaraguan Catholic Church, according to a report prepared by the US Government that reviews the status of religious freedom in more than 200 countries worldwide. “Throughout the year, President Daniel Ortega and Vice President Rosario Murillo ordered the detention, exile, and verbal attacks against […]
On Monday, Ecuador’s Public Prosecutor’s Office announced the arrest of former Energy Minister Xavier Vera. He is accused of bribery in a case involving the state oil company Petroecuador. Vera, who was part of Guillermo Lasso’s government for six months until he resigned in October last year, is linked to a scandal in which public […]
The volume of services in the country grew 0.9% from February to March this year. It is the second consecutive increase in the indicator, which had already grown 0.7% from January to February. The data are from the Monthly Service Survey (PMS), released on Tuesday (16), in Rio de Janeiro, by the Brazilian Institute of […]
By Rhuan C. Soletti The governor of Pará, Helder Barbalho (MDB), said on Monday (15) that the state government intends to hold auctions of forest area concessions starting next semester. "Initially, we should put on the market about 4 million hectares of public forest areas for private concession," he said during a seminar of the […]
By Felipe Laurence Petrobras announced Tuesday that its board of directors had approved a new commercial strategy to set prices for gasoline and diesel sold by its refineries, replacing the import parity policy (PPI). The new commercial strategy uses the customer's alternative cost as the value to be prioritized in pricing, i.e., the main supply […]
The Mexican peso closed Monday’s session with gains against the US dollar, reaching levels not seen in seven years, according to experts and data from the Central Bank of Mexico (Banxico). The Mexican currency, in its 48-hour value for interbank operations, ended Monday’s session at 17.4260 pesos per dollar after starting the session at 17.5770 […]
Peru’s economy decreased by 0.43 percent between January and March 2023. However, in the annual period April 2022-March 2023, it registered an increase of 1.68 percent, informed yesterday Monday by the National Institute of Statistics and Informatics (INEI). Meanwhile, national production increased by 0.22 percent last March, compared to the same month of the previous […]
The Venezuelan head of state, Nicolás Maduro, informed yesterday that his country is preparing to certify the natural gas fields throughout the territory’s northern coast and assured that it is emerging as the fourth reserve of the referred hydrocarbon worldwide. “Today, we are certifying what could be called the Caribbean Gas Strip; the entire Venezuelan […]
The Organization of Petroleum Exporting Countries (OPEC) invited Ecuador to rejoin the group, to which it ceased to belong on January 1, 2020, informed yesterday, Monday, the Ministry of Energy and Mines of the South American country. The Ministry said in a statement that the invitation was made by the Secretary General of the Organization, […]
Venezuelan President Nicolás Maduro denounced Monday night that the “seizure” of the Venezuelan oil company Citgo, based in Houston, United States, means that the Venezuelan State stops receiving US$900 million a month. “Since Citgo was hijacked (2019), in times of Donald Trump, more than 900 million dollars a month have ceased to be perceived by […]