The Brazilian Prosecutor's Office has stated that it has no plans to investigate followers of former President Jair Bolsonaro on social media. This comes in response to Bolsonaro's legal team's allegations of political and ideological persecution by the Prosecutor's Office, claiming the office sought to obtain a list of Bolsonaro's social media followers. In a […]
In 2022, the Bank of Cabo Verde (BCV) reported the sale of half its gold reserves, which amounted to EUR 27.4 (US$30.6) million . According to the BCV's annual report, the gold market experienced consistent devaluation from April to October 2022, with gold prices falling to 1,633.56 US dollars per troy ounce. In 2021, BCV's […]
The World Health Organization (WHO) is set to increase health care quality and accessibility in São Tomé and Príncipe, seeking to prioritize health services and foster societal development. WHO's acting representative, Françoise Bigirimana, highlights the plan to offer technical support, establish standards, and build partnerships to enhance health outcomes in the nation. Valued at US$10.125 […]
The Stockholm Environment Institute (SEI), funded by several Scandinavian governments and the U.K., stands accused of leading a significant rewriting operation on Wikipedia, targeting climate science entries. While this operation is promoted as an effort to improve communication of climate knowledge, a critical examination reveals potential biases and attempts at skewing the narrative. Critical Analysis […]
The deep tech ecosystem in Latin America and the Caribbean, currently valued at US$8 billion, is predicted to expand twenty times in the next ten years, according to a study examining 340 funded startups. Deep tech companies, grounded in significant technological advancements and scientific breakthroughs, carry a higher risk but also promise solutions to global […]
The South Atlantic Anomaly (SAA), a region where Earth’s magnetic field is weakening, extends across South America and the southern Atlantic Ocean. Recent findings indicate an increase in its size, with the U.S. National Oceanic and Atmospheric Administration (NOAA) reporting a 5% westward expansion over the past three years as of January 2023. The anomaly’s […]
Colombia’s economy experienced annual growth of 0.65% in May, as reported by the National Administrative Department of Statistics (DANE) based on data from the Economic Tracking Indicator (ESI). The ESI for primary, secondary, and tertiary activities showed improvements over May 2022, registering 1.26%, 0.58%, and 0.56%, respectively. For the period from January to May 2023, […]
Honduras has revived the idea of building an interoceanic railroad, an initiative linking the Pacific coast to the Caribbean Sea. The estimated US$20 billion project aims to transform the Gulf of Fonseca into a global commercial exchange hub and is expected to take over 15 years to complete. The concept dates back to the 1850s […]
Singapore rises to global powerhouse status with a top-ranked passport, surpassing Japan and Europe. The small Asian country now holds the most powerful passport, offering visa-free entry to 192 countries, as per the Henley Passport Index. It surpasses Japan, which falls to third place, permitting visa-free access to 189 destinations. Countries in the second position, […]
The Euro is experiencing its longest consistent increase against the US dollar since 2004, as market participants predict the nearing conclusion of the Federal Reserve’s rate hike initiative. The Euro has registered gains for nine consecutive days, reaching its highest point since February 2022, and rising by 4% against the dollar in less than two […]
The Ibama President, Rodrigo Agostinho, voiced his concern over Brazil's decision to allow Petrobras, the state-run oil company, to explore the ecologically sensitive Foz do Amazonas basin without exhaustive studies. He argued that the nation should have ensured a more detailed investigation of the potential environmental impacts as part of Petrobras' strategic business planning. The […]
The European Commission President, Ursula von der Leyen, has stated that Costa Rica plays an essential role in the European Union’s (EU) campaign against climate change, following a meeting with Costa Rican leader, Rodrigo Chaves. She also voiced her endorsement for the tax reform undertaken by the Central American country. Further, von der Leyen highlighted […]
El Salvador's President, Nayib Bukele, has assigned Jerson Rogelio Molina, formerly Vice Minister, as the interim Finance Minister, according to the official government announcement on social media. No further information regarding the cabinet reshuffling was provided. Molina served in the Finance Ministry since 2001 in various roles and was appointed Vice Minister of Finance in […]
Cuban President Miguel Díaz-Canel, speaking at the III Summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU) in Brussels, urged for enhanced, equitable, and cooperative ties. He underscored the global transformations posing challenges and opportunities and expressed a firm belief in the potential for building stronger relationships beneficial […]
Pakistan and Afghanistan’s relationship has seen recent strain over alleged cross-border activities. The Pakistani Army has raised concerns about Afghanistan-based armed groups targeting its forces. This concern centers around the supposed freedom these groups, including the proscribed Tehreek-e-Taliban Pakistan (TTP), have in Afghanistan, a claim the Afghan Taliban government denies. Tensions have been inflamed since […]
The Angolan government is launching a "Green Line" initiative aimed at expediting visas for foreign investors, according to Ivan dos Santos, Secretary of State for Economy. Announced at the VI Portugal/Angola Business Meeting, this move seeks to foster an improved business environment and address trade imbalances. Despite being a top destination for Portuguese exports in […]
Azul has announced plans to add 84 additional flights during October to accommodate the increased travel demand during the extended holiday surrounding Nossa Senhora Aparecida on the 12th of the month. The main hubs for these extra flights will be Campinas (SP), Recife (PE), and Belo Horizonte (MG). Azul will offer additional flights to various […]
In the first half of 2023, approximately 710,000 tourists from Brazil visited the United States, per data from the US Department of Commerce's National Travel and Tourism Office. The aim is to reach 1.5 million Brazilian visitors by year's end. Brazil contributes about one-third of the 2.1 million visitors from South America, making it the […]
Brazil's President, Luiz Inácio Lula da Silva, emphasized in a recent live broadcast the unique chance the country has to garner allies and investments in relation to the environmental agenda. He made these remarks during his weekly show, which took place in Brussels, Belgium, where he was attending a summit meeting between Latin American and […]
The Turkish Lira continued its depreciation on Tuesday, recording new lows against the Euro and Dollar. Anticipation is building regarding the Central Bank of Turkey’s decision on interest rates due Thursday. By 10.20 am (07.20 GMT), the Euro traded at 30.37 Lira, crossing the 30-Lira mark for the first time in history. Simultaneously, the Dollar […]
Bitcoin and Ether experienced a pullback for the second consecutive day, partially prompted by investors reassessing the impact of Ripple's recent court victory over the SEC in the XRP token case. There is apprehension around a potential SEC appeal and interpretations of the judge's ruling that certain tokens are not securities. Bitcoin, having recently dropped […]
Swedish low-cost design chain H&M, an International retail corporation, has announced its plans to launch operations in Brazil beginning in 2025. The Swedish company's expansion will encompass both physical stores and an online presence. H&M's CEO, Helena Helmersson, confirmed the news, stating that the company has experienced successful growth in Latin America and foresees significant […]
The Economic Activity Index (IBC-Br), an indicator from the Central Bank used to anticipate Gross Domestic Product (GDP) performance, noted a 2% decrease in May compared to the previous month. The Central Bank published the data on July 17. The reported decline was more significant than market expectations. Analyst consensus had predicted a stable index […]
A U.S. submarine equipped with ballistic missiles arrived at the South Korean port of Busan today, according to the South Korean Ministry of National Defense. The submarine, USS Kentucky, has the ability to carry submarine-launched ballistic missiles, marking its first visit to South Korea in approximately 40 years. This vessel can accommodate up to 20 […]
Members of the opposition in the Brazilian parliament have raised questions regarding the request from the Prosecutor General's Office (PGR) for social media platforms to provide a comprehensive list of former President Jair Bolsonaro's followers. These lawmakers, including both deputies and senators, perceive the action initiated by Deputy Prosecutor General Carlos Frederico Santos as a […]