From 2019 to 2022, there was a 69.8% increase in Brazilian exports to the EU. More oil, coffee, and grains, such as soybeans and corn, were exported during this period. Meanwhile, the export of technologically sophisticated items like aircraft and turbines decreased or remained relatively constant. This transformation, known as 'reprimarization,' has further influenced the […]
On Friday evening (16), the Brazilian Navy verified that a fishing vessel carrying 12 crew members capsized in the sea near Garopaba, a city situated on the southern coast of Santa Catarina. Upon receiving the emergency call, the Port Authority initiated search operations at 9:30 PM. At this point, no updates regarding the crew members' […]
As reported by the Civil Defense of Brazil's Rio Grande do Sul state, four fatalities, and nine missing persons have been confirmed due to heavy rains induced by an extratropical cyclone that hit the state in the early hours of Friday (16). Rescue teams are persistently working in several areas affected by the cyclone, which […]
According to Brazil's Ministry of Agriculture, the country's agricultural production for 2023 is valued at R$1.2 trillion (US$220 billion), placing Brazil as a major player in the global agricultural market. Brazil holds a significant role in agriculture, with soybeans driving production. The value of the 2023 soybean crop is estimated at R$356 billion, followed by […]
Official data reveals that as of May, Argentina’s annual inflation rate reached 114%. The country’s National Institute of Statistics and Censuses (Indec), comparable to Brazil’s IBGE, released the figure on Wednesday, June 14. Indec updates a consumer price index every month to track Argentina’s inflation. For the first five months of the year, the cost […]
In the initial four months of Lula's administration, Brazil's public accounts displayed a notable shift compared to the same timeframe during the last year of Bolsonaro's government. According to Central Bank data, the consolidated public sector accounts recorded a primary surplus of R$78.7 (US$16) billion from January to April 2023. This represents a 47% decrease […]
Colombian President Gustavo Petro is considering soliciting international funds to finance the National Liberation Army (ELN) in an effort to halt their acts of kidnapping and extortion. While the strategy has elicited diverse opinions, the president has not dismissed the idea of creating an international fund to support the peace process with the ELN. During […]
In an effort to bolster its tourism industry, the government of Argentina has rolled out a program known as 'Argentine Treasures'. As per this initiative, foreign tourists who stay in Argentina for more than three nights are eligible to receive a US$100 gift card. This card can be used during the forthcoming winter vacation season. […]
Chile is confronting a healthcare crisis brought about by an increase in respiratory viruses, including the Respiratory Syncytial Virus (RSV), which is notably severe among infants and children. Recent data indicates a record-high number of positive cases for 2023, with certain regions experiencing the brunt of the outbreak. Issues have been raised regarding managing healthcare […]
The Ibovespa, the leading index of B3 (São Paulo Stock Exchange), closed at 118,758 points on Friday, June 16. It recorded a 0.39% decrease on the last trading day. Over the week, however, it increased by 1.49%. Meanwhile, the US dollar rose by 0.36% to R$4.82. The currency's quotation decreased by 1.15% since the previous […]
The Permanent Contingency Commission (Copeco) of Honduras issued a red alert on Thursday for 140 municipalities due to a drought caused by the El Niño climatic phenomenon. A yellow alert has been declared for 101 other municipalities out of the 298 in the Central American country. “We are trying to take preventive actions so that […]
The current conflict in Sudan highlights differing strategies of China and Russia, raising concerns about their broader intentions in Africa. Some suggest that China might be engaging in “debt-trap diplomacy” through infrastructure loans, and Russia may aim to regain Soviet-era influence levels. However, a report from the PeaceRep international research consortium suggests a more nuanced […]