In an official statement, the Bolivian government declared an increase in its verified lithium reserves, positioning it as the holder of the world’s largest known reserve of this element. The announcement reported an increase from 21 to 23 million tons of lithium, following a study conducted to quantify the reserves. The quantification study spanned the […]
Vicuña, a town in northern Chile renowned for its sky clarity, is set to host an international astro-tourism summit in September. The event aspires to leverage astro-tourism for sustainable rural development, advocate for policies to mitigate light pollution, and further position Vicuña, and by extension Chile, as a significant player in global astronomy. The summit, […]
The National Administration of Public Education of Uruguay (ANEP) and the International Baccalaureate Organization (IB) have initiated a partnership. The agreement focuses on the progressive implementation of IB programs within Uruguay’s educational system. The collaboration entails the Swiss organization’s technical advice and knowledge transfer to Uruguay for embedding IB programs, developing teacher training plans, and […]
The Latinobarómetro Corporation, a non-profit organization, has noted an increased susceptibility to populism in Latin America, according to its survey on the region's democratic quality. The study indicates a slowdown in the consolidation of several democracies, leading to this rising vulnerability. Due to be published tomorrow, the results reflect a growing indifference towards types of […]
The US government is preparing to lease regions within the Gulf of Mexico for the establishment of wind energy farms. This is the first instance of such an event and the auctioned areas hold the potential to generate around 3.7 gigawatts of electricity. The sites, located off the coasts of Texas and Louisiana, comprise 848.8 […]
Kyrgyzstan has categorically denied any state or state-owned entity involvement in breaching Western-imposed sanctions against Russia. The assurance comes amid allegations of Kyrgyzstan exporting prohibited goods to Russia, leading to threats of economic sanctions by the US. The Kyrgyz State Committee for National Security acknowledges the potential for private companies to be involved in supplying […]
The European Central Bank (ECB) announced a €9 (US$10) billion surplus in the eurozone’s current account for May, a significant rise compared to April’s €4 billion. The upturn contrasts starkly with a deficit of €14 billion in the previous year, mainly due to increasing energy import costs. May’s data revealed a €23 billion surplus in […]
As Mexico and the U.S. grapple with changing monetary policies, the Mexican peso could face new targets in response to anticipated adjustments from the Federal Reserve. Market analysts suggest that the peso might strengthen to MXN$16.42 per dollar in the short term before experiencing resistance levels and settling between MXN$16.50 and MXN$16.65 per dollar. Despite […]
Venezuela and Russia are planning to bolster their economic relationship, according to Caracas Mayor Carmen Meléndez. She shared this following her meeting with the head of Moscow’s Department of Foreign Economic and International Relations, Serguéi Cheriómin. The goal is to fortify alliances between the two nations in the economic sector. During their visit to Moscow, […]
According to the Brazilian Public Security Forum's 2022 yearbook, four municipalities in Bahia were at the top of a list of 50 Brazilian cities with the highest incidence of violence. The list was compiled using data from the Intentional Violent Deaths (IVD) category, representing the total number of victims of violent deaths in a given […]
In 2021, teaching activities in 669 public schools across Brazil were halted due to incidents including shootings, theft, vandalism, threats, and attacks. This statistic, representing 0.9% of total schools, comes from the 17th Brazilian Yearbook of Public Security, a product of responses from school principals via the Prova Brasil 2021 questionnaire. The report indicates an […]
In the first half of 2023, Brazil reported a 14% increase in fruit export revenue, amounting to around US$450 million, compared to the same period in the previous year. The country exported 446,000 tons of fruit to 111 different destinations, including countries and autonomous regions. The majority of exports went to Europe, with the Netherlands […]
(Opinion) The film 'Sound of Freedom' exceeded 'Indiana Jones' at the Independence Day box office, an uplifting feat given the budget disparity. The film boldly exposes the dark world of child sex trafficking. The director walks a delicate line, shedding light without overwhelming viewers with the horrendous subject matter. The mere existence of such atrocities […]
As the first half of 2023 concludes, several Latin American countries demonstrate notable improvement in managing inflation, with some exceptions. The region's economic powerhouses, Brazil and Mexico, appear among the ten nations showing the lowest year-on-year inflation. Costa Rica and Panama display negative inflation rates, at -1.04% and -0.6% respectively. Other countries maintaining low inflation […]
The Brazilian Foreign Trade Association (AEB) anticipates a significant trade surplus of US$ 86.472 billion for 2023. This projection arises from an expected drop in imports and exports, with exports predicted to hit US$ 323.937 billion, a 3% decrease from 2022, and imports estimated at US$ 237.465 billion, a 12.9% fall from the previous year. […]
A British energy consultancy, Wood Mackenzie, suggests that Bolivia’s natural gas production could significantly decrease by 2030, potentially turning the nation from an exporter to an importer. Currently, Bolivia exports natural gas to Brazil and Argentina, but the decrease in output may lead to the reduction of this trade. The decline in production is attributed […]
Eve Air Mobility, a subsidiary of Embraer, has disclosed plans to establish a production facility for their electric vertical take-off and landing vehicles (eVTOLs), colloquially known as 'flying cars', in Taubaté, São Paulo. The announcement coincided with the 150th birthday of aviation pioneer Santos Dumont. The company plans to utilize and expand an existing Embraer […]
In May, Russia achieved a milestone in its natural gas exports to China, shipping an unprecedented 3.09 billion cubic meters of both liquefied and pipeline gas, as confirmed by the Russian Customs Service. This represents the first time the monthly volume of Russian natural gas exports to China surpassed 3 billion cubic meters. The report […]
On his official visit to China, Algerian President Abdelmadjid Tebboune announced Beijing’s intention to invest US$36 billion in different sectors of Algeria, including industry, technology, transportation, and agriculture. The announcement was made in Shenzhen, where Tebboune, accompanied by an extensive delegation, was meeting with the Algerian community living there. During his visit, Tebboune signed 19 […]
The United States Air Force (USAF) recently dispatched a Boeing C-17 Globemaster III transport aircraft to Santiago de Chile. The aircraft, which arrived on July 18, carried personnel, material, and equipment from various U.S. Special Forces units for participation in Estrella Austral 2023, set to occur from July 24 to August 10. Estrella Austral, a […]
The latest FIFA world rankings list Argentina, amassing 1843.73 points, as the leader, trailed closely by France and Brazil. Spain occupies the tenth position, while Mexico, with a rise in rank, now sits in the fourteenth place, surpassing Germany and outpacing Uruguay. France, scoring 1843.54 points, has shown improvement since the previous ranking, but remains […]
The Russian Foreign Ministry announced that despite the European Union's (EU) efforts, relations between Russia and Latin America would not be disrupted but rather strengthened. This statement followed the EU-27 summit with the Community of Latin American and Caribbean States (CELAC) in Brussels. Russian Foreign Ministry spokesperson Maria Zakharova emphasized during a press briefing that […]
In the first half of 2023, the Brazilian mining industry reported a 6% increase in revenue and tax collection compared to the same time the previous year, according to data from the Brazilian Mining Institute (Ibram). From January to June, revenue amounted to R$120 billion (US$25 billion), with tax contributions coming in at R$41.4 billion […]
The Brazilian administration has proposed a legislative measure to Congress, aiming to instate taxation on unique investment funds traditionally untaxed. These funds are known for holding significant amounts of wealth. The Finance Minister, Fernando Haddad, announced the proposal, stating the measure targets anomalies in the current tax system. The administration has previously initiated a tax […]
Argentina’s Central Bank forecasts a doubling of the country’s trade surplus from 2024 to 2030, primarily due to an anticipated rise in hydrocarbon and mining exports. The projected trade surplus is set to represent 5.2% of the GDP by 2030, up from 3.9% in 2024, reaching US$41.8 billion. A significant growth in fuel exports is […]