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«The Rio Times»
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2023

Новости за 15.07.2023

Brazil considers appeal to World Trade Organization against EU regulation on deforestation-free products

«The Rio Times» 

Brazil is contemplating an appeal to the World Trade Organization (WTO) against the European Union (EU) Regulation for Deforestation-Free Products, expected to take effect in December 2024. The regulation has faced criticism from various Brazilian governmental sectors due to its expected impact on 34% of Brazilian exports to the EU. They argue the law has […]

Second case of avian influenza detected in a farm animal in Brazil

«The Rio Times» 

On Saturday, July 15, the State Secretariat of Agriculture and the Integrated Agricultural Development Company of Santa Catarina (Cidasc) verified the second instance of bird flu in a farm animal in Brazil. The first case was detected in the municipality of Serra, in Espírito Santo. The recent case was confirmed in Maracajá, Santa Catarina, with […]

Rapid change in the Emirate of Ras Al Khaimah attracts considerable wealth

«The Rio Times» 

Ras Al Khaimah (RAK), a region in the north of the United Arab Emirates, is undergoing considerable transformation, becoming an increasingly attractive location for high-net-worth individuals. About 45 minutes from Dubai International Airport and known for its mountains, the emirate is now a haven for wealthy individuals. This shift can be attributed to a bold […]

Peru’s economy shrinks in May amid climate challenges

«The Rio Times» 

In May, Peru’s economy showed signs of contraction after stagnant growth, contradicting earlier predictions of a gradual recovery following intense political uncertainty. Peru’s economy shrank by 1.43% compared to the previous year, according to the national statistics agency INEI. This figure, the largest recorded since the peak of the pandemic in 2021, did not align […]

Global dollar goes to lowest since April 2022

«The Rio Times» 

The U.S. dollar experienced a significant decrease in value last week compared to currencies from other developed nations, dropping to its lowest point since April 2022. This decline was influenced by U.S. inflation data, which is approaching the Federal Reserve's 2% target. These conditions, suggesting a potential end to the Federal Reserve's monetary tightening phase, […]

Chinese churches to display ‘Love the Communist Party’ slogan on facade

«The Rio Times» 

Religious structures in China, including churches, must display the statement “Love the Communist Party, Love the Country, and Love Religion” on their exteriors, according to a report by the Open Doors organization. This directive was initially implemented in the Zhejiang province, with expectations of its wider adoption nationwide. Open Doors, known for its global religious […]

Itaipu Treaty between Brazil and Paraguay expected to take 2-3 years to review

«The Rio Times» 

The review of Annex C in the Binational Treaty between Brazil and Paraguay, overseeing the billion-dollar resources of the Itaipu hydroelectric plant, is projected to take 2-3 years, according to the Brazilian director general of Itaipu, Enio Verri. Negotiations will officially commence on August 13, following the inauguration of the new Paraguayan government. The review […]

Elon Musk advocates for parental oversight in child gender identity issues

«The Rio Times» 

2023 has witnessed rising debates around gender identity issues, leading to varied responses from several industries. This includes a controversial documentary, a few corporate brands receiving backlash for supporting certain gender ideologies, and some companies omitting the rainbow from their logos. Now, prominent business magnate and Tesla CEO Elon Musk is speaking out. Musk has […]



Disoriented visitor from Italy found in the Brazilian Amazon

«The Rio Times» 

In a recent development, an individual hailing from Italy, who had found himself lost while traversing the dense rainforest of the Brazilian Amazon, was successfully located and rescued on Friday. The incident was confirmed by official sources from the state of Amazonas, Brazil. To maintain privacy, the identity of the individual in question was not […]

Presidential aspirant affirms that justice in Mexico “is sold to the highest bidder”

«The Rio Times» 

Presidential candidate Adán Augusto López, at a recent event in Monterrey, asserted the need for judicial reform in Mexico. He emphasized that the current system disproportionately benefits the wealthy, arguing that financial resources often determine access to justice. López warned that without changes, the judiciary may appear more like a marketplace than a court of […]

Upcoming joint military exercises between China and Russia in the Sea of Japan

«The Rio Times» 

Chinese and Russian naval and air forces are scheduled to exercise in the Sea of Japan. According to the Global Times, a flotilla comprising five Chinese ships embarked from the city of Qingdao to join the drills. This includes the guided-missile destroyers Qiqihar and Guiyang, the guided-missile frigates Zaozhuang and Rizhao, and the helicopter-carrying mother […]

Timeline of EU-Latin America summits

«The Rio Times» 

The EU - Community of Latin American and Caribbean States (CELAC) Summit scheduled for July 17-18, 2023, in Brussels, under the Spanish presidency of the EU, will be the first in eight years, marking the XIX meeting since 1999. The first summit in Rio de Janeiro, Brazil, on June 28, 1999, focused on increased cooperation […]

U.S. activities in Rio Grande region cause concern in Mexico

«The Rio Times» 

The Mexican government communicated its concern over actions undertaken by the U.S. state of Texas along the Rio Grande River, which delineates the border between Mexico and the U.S. The apprehension relates to specific undertakings, such as establishing a razor wire fence, positioning buoys and barrels, and land modification on an island within the river’s […]

Fitch lowers credit rating of Pemex to B+

«The Rio Times» 

Fitch Ratings announced a revision of its credit rating on Petróleos Mexicanos (Pemex), lowering it to B+ from BB-. This decision is due to operational struggles and significant financial demands the state-run firm is experiencing. Fitch also put the rating on negative watch, expressing uncertainty about the Mexican government’s ability to enhance Pemex’s liquidity and […]

Brazil’s president conducts second cabinet reshuffle and announces new tourism minister

«The Rio Times» 

Brazilian President Luiz Inácio Lula da Silva has appointed federal deputy Celso Sabino of the Union Brazil party as the new Minister of Tourism, as announced in the Official Gazette of the Union. Sabino is replacing Deputy Daniela Carneiro, who has stepped down from the role. Expressing readiness to contribute to the Government, Sabino has […]

Uruguay predicts possible end to drought by spring

«The Rio Times» 

Fernando Mattos, Uruguay’s Minister of Livestock, has reported that recent rainfall has provided relief in some areas most affected by drought. The minister is hopeful that the water deficit will be fully addressed by the upcoming spring season. San José, Colonia, and Canelones, which have been particularly affected, have seen significant relief from the rainfall, […]

Venezuelan tourism industry reports 80% recovery

«The Rio Times» 

According to Alí Padrón, Venezuela’s Minister of Tourism, the nation’s tourism industry has recovered to 80% of its previous capacity, despite challenges from the global COVID-19 pandemic and U.S. sanctions. Both factors significantly impacted the sector, Padrón said. However, there was a marked improvement in the tourism industry in 2022, with recovery figures reaching nearly […]





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