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«The Rio Times»
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2023

Новости за 31.07.2023

LOT charter flights Warsaw-Salvador: promoting Polish-Brazilian tourism

«The Rio Times» 

Beginning on the 29th of October, Polskie Linie Lotnicze LOT, operating a Boeing 787-9, will conduct more than 20 charter flights from Warsaw, Poland to Salvador, Brazil. Vinci Airports, the airport concessionaire in the capital city of Bahia (SSA), announced this initiative, alongside the Ministry of Tourism and a Polish tour operator. It is expected […]

Colombian central bank keeps interest rates constant at 13.25 percent

«The Rio Times» 

The Board of Directors at the Colombian Central Bank has unanimously decided to maintain the country’s interest rates at 13.25%, aligning with financial market expectations. This decision came in light of recent inflation data which showed signs of a change in the upward trend that had been evident since the start of the year. The […]

LatAm’s lithium industry races ahead to attract investment and maintain global leadership position

«The Rio Times» 

Latin America is at the forefront of supplying a crucial resource for electric vehicle batteries: lithium. With at least 17 projects underway or about to commence in Argentina, Chile, Brazil, and Bolivia, the region seeks to secure its position in the industry by fostering a favorable business environment and avoiding potential investment losses to other […]

Lusophone exports to Macau increase by 59.9% in the first semester

«The Rio Times» 

According to official data released today, merchandise exports from Portuguese-speaking countries to Macau increased by 59.9% in the first semester of the year compared to the same period in 2022. The Portuguese-speaking countries exported goods worth 754 million patacas (US$90 million) to Macau, as reported by Macau's Statistics and Census Service (DSEC). On the other […]

In two decades, Angola has become China’s second-largest trading partner in Africa

«The Rio Times» 

In the past two decades, Angola-China trade reached an impressive US$186.6 billion, contributing significantly to both countries' rapid development. In 2002, bilateral trade was less than US$150 million, but it surged to US$206.34 billion last year, showcasing remarkable progress. Over 40 years, their relations have grown considerably, fostering fruitful cooperation, especially in economic and trade […]

Paraguayan government summons Argentine ambassador over dispute over river tolls

«The Rio Times» 

The Paraguayan government has summoned the Argentine ambassador, José Domingo Peppo, in response to a neighboring country’s decision to impose tolls on the Paraguay-Paraná waterway, resulting in the retention of vessels, as stated in an official communication from the Foreign Ministry. According to the statement, the Argentine ambassador has pledged to pursue the necessary actions […]

Paraguayan ex-president Cartes files complaint alleging political persecution

«The Rio Times» 

Former Paraguayan President Horacio Cartes (2013-2018) has reportedly lodged a complaint with the prosecutor’s office, alleging he has been subject to political persecution. His lawyer, Pedro Ovelar, relayed the information via social media. In his complaint, Cartes specifies the offenses as false accusation, simulation of punishable acts, persecution of innocents, criminal association, and usurpation of […]

Majority of French population lacks confidence in Macron’s ability to maintain order

«The Rio Times» 

In the aftermath of the widespread violent unrest in France earlier this summer, a considerable proportion of the French populace is reportedly expressing doubts over President Emmanuel Macron’s ability to ensure public order. Despite his public emphasis on the need for order, a significant number of French citizens are not convinced. A recent survey conducted […]



Police operation in Brazil after death of 1 military officer leads to 10 more fatalities

«The Rio Times» 

Ten people were confirmed dead following a police operation in Guarujá, Brazil, over the weekend. This law enforcement response was triggered by the death of a military police officer last Thursday. On Sunday, the police apprehended the individual suspected of being responsible for the shooting that led to the officer's death, as the newspaper Folha […]

OAS Secretary General to assess the political situation in Guatemala during his visit on Monday

«The Rio Times» 

The Secretary General of the Organization of American States (OAS), Luis Almagro, will travel to Guatemala on Monday. The visit comes at the invitation of Guatemala’s President, Alejandro Giammattei. Almagro will meet with government officials to discuss the country’s political and electoral situation. The Guatemalan Foreign Minister, Mario Adolfo Bucaro, extended the invitation on behalf […]

Argentina pays IMF debt with yuan and CAF funds to avoid depleting its international reserves

«The Rio Times» 

Argentina’s Economy Minister, Sergio Massa, outlined the country’s plan to pay off its US$3.5 billion debt to the International Monetary Fund (IMF) due this week. He assured that no dollars from the country’s international reserves would be used in the transaction. This announcement follows the recent revision of the agreement with the IMF, which grants […]

Brazil’s nuclear submarine development sparks debate with the UN Atomic Energy Agency

«The Rio Times» 

As part of a significant defense project for Brazil, the country is developing a nuclear submarine, as the cornerstone of Brazil's marine defense This venture involves military secrets regarding the vessel's future reactor, which the country wishes to keep confidential. However, this requirement has stirred a clash with the United Nations' International Atomic Energy Agency […]

Social media support rises for campaign to help Jair Bolsonaro settle litigation fines

«The Rio Times» 

Support is growing on social media platforms for a campaign aimed at assisting former president Jair Bolsonaro of Brazil with paying fines. Following the leak and misuse of confidential information by the Council for Financial Activities Control (Coaf) targeting Bolsonaro, supporters are considering a new campaign to increase the funds collected for his fines. A […]

Brazilian executives still support Lava Jato and see immature integrity systems in the country

«The Rio Times» 

A recent survey by Quaest and Transparency International suggests that 64% of Brazilian executives still have a positive view of the anticorruption efforts of Operation Lava Jato, despite its recent challenges. The survey interviewed 100 executives from the top 250 Brazilian companies between July 12 and 28 and found that 83% believe that recent anticorruption […]

Brazil market forecast for 2023 inflation rate adjusted to 4.84%

«The Rio Times» 

Financial market participants have lowered the inflation expectation for 2023 to 4.84%, according to the Focus Bulletin by the Central Bank, released on Monday morning (31st). This marks the second consecutive week of decrease following a brief interruption in an eight-week downtrend. This week's expectation is 0.14 percentage point lower than a month ago, and […]

Gringo view: presidential wannabes claim Trump takes all the oxygen

«The Rio Times» 

(Opinion) Once upon a time, before the internet, television, and jet travel, presidential hopefuls rode the trains to reach out to voters with their messages and ambitions. There was no lack of oxygen into which to pitch their messages; no media space and broadcast coverage to fight over. And there was no Donald Trump. Aspiring […]

Chile’s Strategic Defense Enterprise unveils its new Volcano-F pistol

«The Rio Times» 

Fábricas y Maestranzas del Ejército (Famae) showcased its capabilities and products at the Chilean Army's Military Polytechnic Academy (Acapomil), notably featuring the Volcano-F line of 9 x 19 mm caliber pistols. Chile's Strategic Defense Enterprise has developed this new generation of pistols to reintroduce handheld weapons and expand its product catalog. The new pistol is […]

Santa Catarina city reports most dengue-related deaths in Brazil in 2023

«The Rio Times» 

Joinville, the largest municipality in Santa Catarina, is the city in Brazil that has reported the highest number of dengue-related deaths in 2023. According to the latest data from the Ministry of Health, as of July 25th, there have been 33 fatalities from the disease in the city, which is located in the northern part […]

Debunking the myth of a bloated public sector: Brazil in an international context

«The Rio Times» 

In the midst of administrative reform discussions, a popular viewpoint portrays Brazil's state apparatus as bloated. Scholars specializing in public service suggest that public examinations need to be revised, existing careers should be reformed, personnel should be adapted to labor market changes, and performance evaluation needs enhancement. Nevertheless, the notion of an oversaturated public workforce […]

This week in Brazil: Central Bank sets interest rates and Zanin takes office at the Supreme Court

«The Rio Times» 

This week, lawmakers are back in Brasília. The return of politicians to the federal capital is likely to speed up negotiations for government positions and there are expectations that President Luís Inácio Lula da Silva might announce new ministers. The government also anticipates progress in discussions for approval of the fiscal framework, which was sent […]

Chile’s Central Bank President announces sharper rate cut and targets 8% by year-end

«The Rio Times» 

The President of the Central Bank of Chile, Rosanna Costa, recently announced that the country’s benchmark interest rate will decrease faster than expected, possibly ending the year around 8%. In an interview with national newspaper El Mercurio, she outlined that despite the macroeconomy progressing as predicted, inflation rates are falling at a quicker rate. As […]

Colombian president’s son and ex-wife arrested for money laundering; court upholds legality of trial

«The Rio Times» 

A Bogotá court on Sunday formalized the arrest of Nicolás Petro Burgos, the son of Colombian President Gustavo Petro, and his ex-wife Daysuris Vásquez, in connection to potential money laundering charges, according to the Prosecutor’s Office. The legality of the arrest procedures, carried out on Saturday at their residences in Barranquilla, was declared by the […]

Argentina’s primaries amid economic crisis: uncertainty, disillusionment and a shift to the right

«The Rio Times» 

The incumbent government presented a competitive candidacy just two weeks from the primary elections that will determine Argentina’s presidential contenders. However, amid a debilitating economic crisis, the electorate’s disillusionment is palpable, making it uncertain how many will turn out to vote. Sergio Massa’s presence has given the Peronist Party a perceived edge, said Juan Germano, […]

Poland expresses concern over increasing attempts of illegal border crossing at Belarusian border

«The Rio Times» 

Poland has experienced a surge in attempts of illegal crossings at its border with Belarus, with 228 reported incidents, including attacks on border surveillance patrols. This year alone, there have been more than 16,000 illegal crossing attempts, with nearly 300 cases occurring last Thursday, marking the highest level of illegal activity since the 2021 border […]

UAE, traditionally a U.S. ally, and China’s air forces plan historic first joint exercise in August

«The Rio Times» 

The Air Forces of China and the United Arab Emirates (UAE) have announced plans for a joint training exercise in Xinjiang, Northwest China, this coming August. China’s Ministry of Defense confirmed the news, marking this as the first-ever joint exercise between the two nations’ air forces. Named Falcon Shield-2023, the exercise aims to “deepen practical-level […]





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