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«The Rio Times»
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2023

Новости за 18.06.2023

Decline in supporters identifying as ‘Petista’ in Brazil results in tie with ‘Bolsonaristas’

«The Rio Times» 

A Datafolha survey from June 12-14 shows the polarization in Brazil's political landscape following its closest presidential election. In this race, Luiz Inácio Lula da Silva (PT) narrowly defeated Jair Bolsonaro (PL) by 1.8 percentage points in the second round. The survey asked respondents to identify with one of the two major political factions: 'Petista' […]

Innovations in cluster-style wind turbines as potential renewable energy solutions

«The Rio Times» 

With growing focus on climate change and energy security, offshore wind power is gaining prominence as a potential renewable energy source. Researchers are exploring the development of cluster-type wind power units, which involve multiple turbines. Japan's Kyushu University's Research and Education Center for Offshore Wind has introduced a new design with a shroud, a type […]

Unexpected scientific findings challenge the environmental viability of lab-grown meat

«The Rio Times» 

Earlier this year, lab-grown meat was touted as the future of sustainable food production, with claims that it could help to reduce farming and contribute positively to the environment. However, recent research has challenged these assertions, revealing that lab-grown meat may be up to 25 times more harmful to the environment than traditionally farmed meat. […]

Brazil’s Mac Jee defense group reported to build major military explosives factory in Saudi Arabia

«The Rio Times» 

Brazil has consolidated an undisclosed agreement facilitating the transfer of technology and products to Saudi Arabia to construct its first military explosives factory, writes the Estadão outlet in a recent report. The facility, established by Brazilian defense group Mac Jee located near the city of São Paulo per Saudi Arabia's request, aims to meet the […]

Former airport in Brazil’s city of Belém to host COP30 climate conference in 2025

«The Rio Times» 

Brazilian President Luiz Inácio Lula da Silva announced that the United Nations Climate Change Conference (COP 30) in 2025 will be held in Belém, the capital city of the country's northern Pará state. The event, expected to attract around 50,000 visitors, including numerous heads of state and diplomatic representatives, is considered the most significant global […]

Crypto market faces pressure from falling prices, regulatory clampdown, and contagion fears

«The Rio Times» 

The world of cryptocurrencies is under pressure due to falling token prices, fresh regulatory actions, and mounting fears of contagion. Recent trends reveal that bitcoin’s trading behavior is aligning more with traditional stocks, with Citigroup strategists noting a struggle to maintain high trading volumes. Last week marked a pivotal moment for the sector as the […]

Brazil’s BNDES considers resuming financing for service exports amid other changes

«The Rio Times» 

The Brazilian Development Bank (BNDES) is considering resuming financing for service exports, writes Bloomberg. The bank had restricted these operations in 2016 following allegations of corruption involving Brazilian contractors using bank funds for overseas projects. At present, such operations are suspended. According to BNDES representatives, they believe the restriction lacks justification. They contend that the […]

JPMorgan, Itaú, and Santander anticipate an earlier cut in Selic rate

«The Rio Times» 

Major banks JPMorgan, Santander, and Itaú Unibanco now predict Brazil's Central Bank will make its first interest rate cut in September, two months earlier than previously expected. This follows improvements in inflation data and projections, writes Bloomberg. According to a recent report, JPMorgan predicts a quicker onset to the easing cycle. The Bank anticipates the […]

Dominican Republic targets CIS markets for trade diversification

«The Rio Times» 

Dominican Republic’s ambassador to Moscow, Hans Dannenberg Castellanos, has shared during an interview with Sputnik plans for the country to expand its trading horizons by tapping into Commonwealth of Independent States (CIS) markets. The strategy focuses on strengthening ties with potential buyers and providing opportunities to Dominican exporters amidst the current complications in global trade. […]

Argentina’s lithium exports reach record increase in the first five months of 2023

«The Rio Times» 

Argentinian lithium exports witnessed a record-breaking increase of 84 percent year-on-year in the first five months of the year, totaling an estimated US$369 million, the country’s Mining Ministry announced today. The overseas sales figure is “the highest accumulated export total for the January-May period ever recorded,” the government entity stated on its Twitter account. The […]





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