In June, Brazil's public debt saw an increase of 2.95%, reaching a total of R$6.19 (US$1.28) trillion, as disclosed by the National Treasury on Friday (21.Jul.2023). In May, the debt was reported to be at R$6.01 trillion. The full presentation can be accessed here (504 KB). The recent growth in debt was influenced by net […]
(Opinion) Last year, the global scrutiny of the World Cup in Qatar spotlighted critical issues in the country, especially those relating to the rights of women and LGBT communities. The event sparked an overdue global debate, impressing upon us the weight of responsibility that international sporting events carry in championing the causes of diversity and […]
São Paulo's calendar for the latter half of the year features a range of events set to attract around 6.5 million participants, as per the city's tourism entity, São Paulo Turismo (SPTuris). Spanning over 202 key events held in 30 venues, this estimation encompasses local and visiting attendees. The events are varied, with concerts slated […]
During Q2 2023, the international perception of Brazil's economy experienced a boost, primarily due to President Luís Inácio Lula da Silva's visit to China. This resulted in 430 reputation points, of which Chinese media contributed 192 points (45%) following the visit. Although slightly lower than the Q1 score of 444 points, this indicates a continued […]
Fábricas y Maestranzas del Ejército (Famae) and Aselsan, a Turkish company, have formalized a contract to upgrade the Leopard 2A4 tanks currently utilized by the Chilean Army. This decision came after an exhaustive evaluation of both administrative and technical facets during a comprehensive bidding process. The collaboration promises a transfer of technology and expertise from […]
The Global Gateway initiative by the European Union (EU), a significant infrastructure development program, took center stage at the recent summit with the Community of Latin American and Caribbean States (CELAC). The program aspires to cultivate sectors such as raw materials, tech infrastructures, clean energy, and health, targets Latin America, Southeast Asia, and Africa. EC […]
A recent public poll by ARD has revealed a shift in the political landscape in Germany. The Christian Democratic Union (CDU) and the Christian Social Union (CSU) hold the leading position with 28% support. The right-leaning Alliance for Germany (AfD) follows, garnering 20% of the poll’s participant support, with the Social Democratic Party (SPD) securing […]
In a recent meeting in Brasilia, delegates from Brazil and the United States discussed Venezuela's current situation. The dialogue comes amid suggestions from Latin American leaders for the US to consider lifting sanctions on Venezuela's government, granted there are transparent and equitable elections in 2024. Under Secretary of State for Political Affairs, Victoria Nuland, represented […]
The Paraguayan Senate, in its regular session, has replaced legislator Rafael Esquivel, currently under preventive detention due to accusations of intentional homicide and sexual abuse charges involving a minor. His replacement was sworn in from his party’s list of substitutes. The Senate Committee on Constitutional Affairs, National Defense and Public Force approved this decision, with […]
Colombian President Gustavo Petro announced the end of the conflict between the Colombian State and insurgents, warning of a shift in violence towards territorial and wealth control. This statement was made during the installation of the new 2023-2024 legislature in Congress, sparking opposition-led outcry. The president acknowledged a bilateral ceasefire with the National Liberation Army […]
After nearly six months of being non-operational due to maintenance works, the Fernando Belaunde Terry Jaen airport, located in the Cajamarca region of northern Peru, will reopen. The Peru Ministry of Transport and Communications confirmed that operations would recommence the following day. The Peruvian Corporation of Airports and Commercial Aviation, part of the same ministry, […]
Honduran President, Xiomara Castro, has recently commented on what she perceives as undue interference by the United Nations (UN) in national matters. This reaction came in response to the support expressed by UN representative in Tegucigalpa, Alice Shackelford, for Gabriela Castellanos, the National Anti-Corruption Council (CNA) director. Castellanos, who recently returned to the country after […]
The Russian Duma has passed a bill enforcing a one-time tax on excess earnings from large corporations, aiming to supplement the national budget by an estimated 300 billion rubles (US$3.4 billion) in 2024. This unanimous decision mandates payment by January 28 of the following year. The tax, fixed at 10% of additional profits, is solely […]
The President of Uruguay, Luis Lacalle Pou, has shared a cautiously optimistic outlook concerning the ratification of the trade agreement between the Southern Common Market (Mercosur) and the European Union (EU). This statement came after his participation in the III EU-Community of Latin American and Caribbean States (CELAC) Summit held in Brussels. Lacalle Pou emphasized […]
The Banco Bilbao Vizcaya Argentaria (BBVA) predicts a deceleration in Mexico’s manufacturing sector in the latter half of 2023. This forecast is primarily due to an anticipated decrease in foreign demand, coupled with the impact of high interest rates and stringent financing conditions in the United States, which may negatively affect durable goods demand. Nonetheless, […]
In 2022, Brazil reported its lowest count of violent deaths in over a decade, registering 47,508 fatalities, as revealed in the 17th Brazilian Public Safety Yearbook. This figure encapsulates intentional homicides, robberies resulting in death, bodily injuries causing death, and casualties from police interventions. There was a 2.2% decline in unintentional homicides, the leading cause […]
Ecuador’s National Electoral Council (CNE) has accredited 971 national and international observers for the upcoming early presidential and legislative elections on August 20. CNE President, Diana Atamaint, stated that 878 national and 93 international observers will supervise the entire voting process, including the counting and finalization of results. These elections follow the dissolution of the […]
Venezuelan President Nicolás Maduro announced that the government’s housing program, Gran Misión Vivienda Venezuela, has delivered its 4.6 millionth housing unit. Despite facing numerous challenges, the initiative aims to provide homes to the nation’s most vulnerable citizens. The President commented on the impact of U.S. sanctions on Venezuela’s economy and national income. He stressed the […]
Bolivian President Luis Arce announced negotiations with select European Union (EU) countries, discussing possible investments in technological minerals, rare earths, and lithium. The Bolivian government is focusing on expanding its lithium reserves from 21 million to 23 million tons and seeking to exploit other strategic minerals and rare earths. During the EU and the Community […]
Belarus and Nicaragua have jointly established five collaborative agreements in diverse fields, including trade, investment, science and technology, agriculture, and culture. The documents were inked by Belarusian Foreign Minister Sergei Aleinik and Nicaraguan counterpart Denis Moncada following an official Belarusian delegation visit to Nicaragua. The set of agreements encompass the development of a Joint Commission […]
The upcoming presidential election in the Maldives on September 9 is gaining attention due to the potential political implications it may have on both regional and international scale. Former President Abdulla Yameen, whose presidency was known for an open embrace of China, serving his sentence in the country’s largest prison for accepting bribes and money […]