A plane crash in the Meta region of Colombia has led to the unfortunate death of five members of the Democratic Center political party, as confirmed by former president Álvaro Uribe Vélez. Among the victims were Nora Tovar and her husband, Guillermo. Uribe also noted the loss of three other party members, Óscar Rodríguez, Dimas […]
Venezuela’s Minister of Oil, Pedro Tellechea, announced the nation’s goal to maintain oil production at over a million barrels per day (mb/d) by the conclusion of 2023. Tellechea also mentioned that the US-based Chevron Corporation is already operational in Venezuela and its oil production is progressing as per their plan. The minister further noted that […]
Seven key highways in Peru are obstructed due to nationwide demonstrations against the Government, as reported by the Superintendence of Land Transportation of People, Cargo and Goods (Sutran). The impacted roads are located in Lima, Loreto, La Libertad, Ayacucho, and Huancavelica departments. In anticipation of the protests, the Ombudsman’s Office had predicted demonstrations in all […]
India, recognizing the criticality of data as a resource for both domestic use and external exploitation, has amplified its data sovereignty efforts. This stance, manifesting through the government led by Prime Minister Narendra Modi, has enforced data localization measures to gain control over data flows and hold tech corporations accountable for managing sensitive information. In […]
The Portuguese Navy's National Detached Force, comprising the Setúbal and Zaire ships, are stationed in Bissau for a cooperative exercise with the Guinean Navy, according to an announcement from the Portuguese embassy. As part of the Open Sea initiative running from April to August, the force will engage in several joint activities with the Guinean […]
The net profits of the Angolan banking sector experienced a 13.6% year-on-year drop in 2022, amounting to 367 billion kwanzas (US$443 million). Increased impairments and worsening losses from Banco de Poupança e Crédito primarily influenced the decline. This information comes from a 2022 study by Deloitte, which analyzed 23 active banks in Angola for the […]
Brazilian President Luiz Inácio Lula da Silva expressed his intent to bolster Brazil's relationship with African nations during a brief meeting with Cape Verde President José Maria Neves. The discussion occurred in Cape Verde's capital, Praia, during Lula's layover from a summit held in Brussels. In a public statement, Lula emphasized the importance of renewing […]
Research from BlackRock Inc. suggests that assets from emerging markets consistently outperform those from developed economies amidst ongoing shifts in global interest rates. The BlackRock Investment Institute strategists, including Wei Li, highlight local currency debt as a promising asset class spurred by policy changes in developed economies ending their monetary tightening cycles. Emerging markets have […]
Bolivian President Luis Arce asserts that any negotiations regarding Bolivia’s lithium reserves must accommodate the nation’s business model, which incorporates a state-owned enterprise. This came to light during a recent EU-CELAC summit where discussions about accessing Bolivian lithium were on the agenda. Arce made it clear that Bolivia’s government policy stipulates state participation throughout the […]
Cards of the Russian payment system Mir are already accepted on the Venezuelan island of Margarita, Russian Ambassador to Caracas Sergey Melik-Bagdasarov told journalists. "On the island of Margarita, which is preparing to receive and is receiving Russian tourists, they are going to start - and, have already started - to accept payments [with the […]
The bid for the prime minister’s position by Pita Limjaroenrat, the leader of Thailand’s Move Forward party, hit a snag as the parliament denied his second nomination and the Constitutional Court suspended him amidst an electoral complaint. The 394-312 vote and the suspension have complicated Move Forward’s endeavor to establish a progressive government after their […]
The Saharawi Ministry of Information rejected the recent recognition by Israel of Morocco’s sovereignty over Western Sahara, stating it holds no legal or political value. In their view, this action does not strengthen Morocco’s position, but instead underscores the alliance of two states with contentious territorial occupations, referring to Western Sahara and the Palestinian territories. […]
The Getulio Vargas Foundation's (FGV) GDP Monitor shows a 3% contraction of the Brazilian economy in May, relative to April, with the adjusted data taken into account. Despite the decrease, an interannual analysis revealed 1.8% growth in May and 3.5% for the quarter ending in May. FGV's economist attributes the downturn primarily to the conclusion […]
Santa Catarina's poultry industry faces potential financial challenges following Japan's decision to halt poultry meat imports from the region. The decision follows an avian influenza diagnosis in a chicken from Maracajá, a town in Santa Catarina. However, the infected chicken belonged to a subsistence farm, having no connection to the industrial poultry sector, which remains […]
Mercedes-Benz and Volkswagen have announced temporary suspensions of certain operations in their São Paulo-based facilities due to fluctuations in market demand. Mercedes-Benz's São Bernardo do Campo plant, primarily focused on truck and aggregate production, will see an extended suspension of worker contracts until August 31. While full production is not halted, the automaker has confirmed […]
Religious and political liberties, First Amendment rights, and philanthropic freedoms are under attack. The unfortunate reality is that ideological cancellations are occurring alarmingly and are reported more frequently but often go unreported. A while ago the 1792 Exchange organization assessed 1,000+ companies to determine the likelihood a company would cancel a contract or client or […]
“Sound of Freedom,” a movie highlighting the disturbing issue of child sex trafficking, has been making waves in the United States. Despite initial hesitations about its release since 2018 and facing a flurry of criticisms, the film has surpassed all expectations, outperforming even established franchises like Indiana Jones at the box office. With its relatively […]
Latam Airlines reported a 23% increase in passengers on domestic flights in Brazil for the first half of 2023, totaling 15.5 million, up from 12.6 million during the same period in 2022. The airline added eleven new regional destinations in Brazil over the last two years, expanding its footprint to 55 airports in the country. […]
The National Association of Cereal Exporters (Anec) reports a considerable increase in Brazilian soybean and corn exports in July. Soybean exports are expected to reach 8.8 million tons, a 25.5% rise from the 7.009 million tons exported in July last year. This comes after June's shipments tallying at 13.834 million tons. In addition, the week […]
The Brazilian Army Aviation Command (Cavex) operates with branches across the country. The establishment of the Cavex marked a significant milestone in the Brazilian Army's history, reigniting the military aviation sector. Over time, the Cavex expanded, adding several Aviation Battalions and key logistics and instruction centers to its repertoire. The Army prioritized the development of […]
Within São Paulo, Latin America's largest city, there has been a noticeable surge in the prevalence of micro-apartments. These compact living spaces, often no larger than 30m2, have increased from 461 units in 2016 to 16,261 by 2022, making up 21% of the total residential units, reports the State Housing Union (Secovi-SP). This trend has […]
In June, electric vehicle (EV) sales outpaced those of diesel for the first time in the European Union, a shift revealed by the European Automobile Manufacturers’ Association (ACEA). While gasoline and hybrid vehicles remain at the forefront, EVs have seen a notable market share jump from 10.7% to 15.1% within a year, with 158,000 units […]
(Opinion) The recently concluded EU-CELAC (European Union - Community of Latin American and Caribbean States Summit held in Brussels marks a pivotal chapter in the global geopolitical narrative. With a focus on strengthening ties between Europe and Latin America, the meeting has brought both regions closer together, forging pathways for cooperation and policy convergence. However, […]
According to an announcement by the Mexican Foreign Ministry, Mexico and Brazil have recently implemented electronic visa systems for their citizens traveling between the two nations. The new system is a step towards resuming the visa waiver agreement between these Latin American countries. The electronic visas, accessible online, simplify the application process for visitors traveling […]
According to the Belarusian opposition platform, MotolkoPomogui, between 2,000 and 2,500 members of the Wagner Group have entered Belarus since July 11. The platform suggests that these individuals, who are linked to an armed uprising in Russia in June, traveled in approximately 400 vehicles. Two arrivals of 170 to 185 vehicles were noted on July […]