In the first half of 2023, Jamaica reported an 11.8% reduction in homicides compared to the same period in 2022, according to the Jamaican Constabulary Force (JCF). The number of such crimes decreased to 786, down from 891 the previous year. However, not all regions experienced a decline. The Saint James district saw a slight […]
Brazil's trade balance in July reported a surplus of US$9.035 billion, marking a 68.7% increase from July 2022, as announced by the government. The pronounced drop in imports contributed to this rise. Export values slightly declined by 2.6% compared to last year, summing to US$29.062 billion in July, while import values drastically fell by 18.2%, […]
The Defense Minister of Russia, Serguéi Shoigú, expressed willingness to strengthen the military capacity of Algeria during a meeting with the Algerian Army Chief of Staff, General Said Chanegriha. As per an official statement, the Russian Defense Ministry aims to boost the Algerian Armed Forces’ military potential. Shoigú emphasized Russia’s interest in Algeria taking a […]
The United States has delegated to Kenya the responsibility of defining the needs of the multinational force that will be sent to Haiti. In addition, the US is committed to fostering a United Nations Security Council resolution to provide legal coverage for this deployment. During the presentation of the monthly Security Council work program, US […]
Cabo Verde experienced a 32.3% increase in exports in the second quarter of 2023, reaching a total of €15.2 million, a €3.7 (US$4.1) million rise from the same period in 2022, according to data from the National Institute of Statistics (INE). Meanwhile, the island nation's imports slightly dropped by 2.6%. In the reported quarter, Europe […]
The Mozambican government is set to repair the road between Macomia and Mucojo administrative post in Cabo Delgado province. This road has suffered damage due to weather conditions and a decrease in local population resulting from insurgent activities. Governor of Cabo Delgado, Valige Tauabo, revealed that the project will involve leveling and filling potholes over […]
Angolan airline TAAG has announced an increase in flight frequencies between Angola and the Democratic Republic of Congo (DRC), aimed at bolstering commercial exchange between the two nations. From the 14th of this month, an additional frequency will be offered between the capitals, Luanda and Kinshasa. This increase, says the airline, is driven by the […]
The Peruvian Economy and Finance Minister, Alex Contreras, announced on Tuesday that the nation’s economy is expected to contract close to 1%, similar to the fall observed in January. This contraction could mark two consecutive quarters of economic decline for Peru. “We anticipate a contraction due to impacts on fisheries and agriculture,” said Contreras at […]
Stellantis, owner of Fiat, Peugeot, Citröen, and Jeep, plans to commence production of its first flex hybrid vehicles, which integrate ethanol and electricity, in Brazil by 2024. The move is a strategic response to the growing electric vehicle competition in Latin America's largest economy. Ranked the fifth largest automaker globally in sales, Stellantis has three […]
President Nayib Bukele announced that July was the safest month in El Salvador’s history, with the country’s homicide rate at 2.2 per 100,000 inhabitants for the year. “July 2023 ends as the safest month in all of El Salvador’s history.” “If we annualize the homicide rate from January to July, El Salvador, once the world’s […]
Venezuela’s President, Nicolás Maduro, has revealed that the nation has formally proposed to join the BRICS group. He expressed optimism about receiving a favorable response, referring to the BRICS as a driving force in the emergence of a multipolar world. This announcement was made on the ‘Con Maduro+’ show, broadcasted on state television and shared […]
The new taxation regulations for international online purchases come into effect this Tuesday, August 1st. These rules allow businesses to make sales up to US$50 to individuals tax-free, specifically free from Import Taxes, charged by the federal government. According to government economic team members, businesses that do not adhere to these regulations will be scrutinized […]
The President of Belarus, Aleksandr Lukashenko, stated on Tuesday (1st) that half of Russia’s tactical nuclear weapons, pledged by the Kremlin, have already been installed in the former Soviet republic’s territory. “Larger than half of the nuclear weapons supposed to be installed have already been delivered and positioned at various points in the country,” he […]
By Vandré Kramer (Opinion) A “surprise” component in the proposed constitutional amendment (PEC) for tax reform, already approved by the Chamber of Deputies and now under review by the Senate, aligns Brazil with a practice prevalent in Argentina: taxation on exports. This provision, included at the eleventh hour before the vote on PEC 45, allows […]
(Opinion) The tensions across the Taiwan Strait are not new, but the past year has marked a clear escalation, seemingly stoked by the visit of then-U.S. House Speaker Nancy Pelosi to Taiwan, a move that Beijing undoubtedly saw as a provocation. China’s response, as examined in a recent Nikkei analysis with drone imagery and specialist […]
In a move widely interpreted as a response to the restrictions placed on advanced semiconductor exports to China by the U.S. and its allies, China has recently tightened export restrictions on gallium and germanium. These two materials are critical in chipmaking, and China’s new policy could heavily impact Japan, which is heavily dependent on China […]
Brazil's industrial sector witnessed a second consecutive month of production growth in June. The Brazilian Institute of Geography and Statistics (IBGE) reported a 0.1% production rise compared to the preceding month, contradicting earlier predictions of a decline. Despite these encouraging signs in May and June, with a 0.3% and 0.1% production increase, these positive outcomes […]
Last Saturday, led by Agriculture Minister Carlos Fávaro, a delegation from Brazil's Ministry of Agriculture and Livestock arrived in Saudi Arabia after a mission in Japan. The following day, Fávaro met with Saudi Minister of Environment, Water and Agriculture, Abdulrahman Abdulmohsen A. AlFadley, in Riyadh. The ministers emphasized the complementary aspects between Brazil and Saudi […]
The Purchasing Managers' Index (PMI) of Brazil's industrial sector rose from 46.6 in June to 47.8 in July, marking its highest level in five months, according to a report by S&P Global on Tuesday (1). However, this marked the ninth consecutive month the PMI remained below the 50.0 threshold, which demarcates expansion from contraction. S&P […]
Brazil's Avibras Aerospace and Defense inked a Memorandum of Understanding (MoU) with Saudi Scopa Defense on 31st July. The agreement was signed during the Brazil-Saudi Arabia Investment Forum held at the São Paulo State Industry Federation (Fiesp) headquarters. The Saudi party will inject funds into the Brazilian company, expediting its judicial recovery process and revitalizing […]
From August 1, 2023, Lisbon, Portugal, is set to welcome over a million Catholics from around the globe to participate in the World Youth Day (WYD), an event celebrated in the presence of Pope Francis. The city will host a significant event organized by the Catholic Church, which has an estimated cost of €160 million […]
In an interview with Valor Econômico, Alberto Ramos, Goldman Sachs' Director of Macroeconomic Research for Latin America, lauded the efforts of the Central Bank of Brazil (BC) in managing the nation's economy. He commended the Bank's decision to maintain a higher Selic rate - a move previously criticized by Luiz Inácio Lula da Silva's administration. […]
On Tuesday, 1st August, President Luiz Inácio Lula da Silva asserted his belief in the strength and reliability of Brazil's future economy. The President's statement, which was broadcasted on social media platforms, exuded optimism, contradicting the projections recently announced by the International Monetary Fund (IMF). The President stated that when people notice an economy functioning […]
The Arab community in Israel experienced its deadliest month in history this July with 28 fatalities, amid escalating violence linked to criminal gangs and family clans. This number exceeds the previous peaks of 24 and 25 recorded in May and June, indicating an upward spiral of inter-Arab violence, which has become a significant internal security […]
Alternative for Germany, known in its native language as Alternative für Deutschland (AfD), not only currently holds the second position in national voting preferences as per recent polls but has also ascended to become the nation’s leading beneficiary of substantial political contributions, outpacing both conservative and social democratic factions. Vilified by left-leaning factions and the […]