Following the inconclusive election results from last May, Thailand’s second-largest political party, Phue Thai, announced its intent to form a new government coalition with the country’s third-largest party, the conservative Bhumjaithai. The leaders of both parties, Cholnan Srikaew of Phue Thai and Anutin Charnvirakul of Bhumjaithai, jointly confirmed this in a press conference. The coalition’s […]
The Venezuelan Observatory of Finance (OVF), an independent body composed of economists and experts, reported that Venezuela has experienced an inflation rate of 115% from January to July 2023. The OVF reported an increase from 110.8% in June to 115% in July. July’s monthly inflation rate was 7.2%, a 1.3-point decrease from June. This increase […]
The king of Cambodia has declared Hun Manet, the eldest son of the longstanding leader Hun Sen, as the future prime minister. He is slated to assume his role later this month. Hun Sen, the present Prime Minister, shared a royal edict from King Norodom Sihamoni on Monday, marking the much-anticipated leadership shift – the […]
The U.S. dollar started Monday's session on a decline but quickly recovered to rise against the Brazilian real. This movement is in line with the global appreciation of the U.S. dollar and is occurring in another session where U.S. Treasury yields are advancing. The economic calendar is quiet, and news flow is limited in the […]
By J.R. Guzzo (Opinion) Brazilian leaders are faced with a clear choice. They can either stand with society against crime, supporting the police, and earn the acclaim of a population increasingly besieged by rampant criminality. Or they can take the side of the criminals, oppose law enforcement, and be lauded by the Lula administration, the […]
In the US state of Florida, instances of leprosy, an infectious disease dating back to ancient times, are on a significant rise. Health experts, as the New York Post reported, are apprehensive that this age-old malady might now be endemic to the region. Central Florida accounts for almost one-fifth of all the recorded cases in […]
The European Union (EU) has recently embarked on a mission in Moldova, with the aim of protecting the nation against Russian influence. However, the domestic political scene remains a heated battleground, as the Chișinău government, led by President Maia Sandu, faces intense opposition, and calls for Moldova’s union with Romania grow louder. In response to […]
The recent coup d’état that ousted President Mohamed Bazoum has led to unprecedented financial sanctions against Niger, decided upon by the Economic Community of West Africa States (ECOWAS) leaders on July 30th. These punitive measures, including shutting down air and land borders and halting all commercial and financial transactions with Niger, promise a severe impact […]
In the verdant heart of the Amazon lies Igarapé-Miri, the self-proclaimed açaí capital of the world. As the globe's insatiable appetite for this purple superfruit continues to grow, the city rides a wave of prosperity. Yet beneath this vibrant veneer, a darker narrative of rampant poverty, inadequate infrastructure, and thriving organized crime unfolds. Barely 150 […]
Brazil's President, Luiz Inácio Lula da Silva, spearheads a summit with Amazonian nations in Belém, Brazil, with an agenda to promote a sustainable development model that would halt the ongoing deforestation of the world's largest tropical rainforest. The summit is the fourth gathering under the Amazon Cooperation Treaty Organization (ACTO), which includes eight members: Bolivia, […]
The Brazilian government aims to invest US$120 billion for the revival of 40 million hectares of degraded grasslands over the next decade. This initiative, introduced by the Ministry of Agriculture, Livestock, and Supply (MAPA), seeks to nearly double Brazil's current 52 million hectares of cultivated area. Funds raised through this program will be managed by […]
Brazil's port sector has witnessed a significant investment influx, notably through six contracts totaling US$1.71 billion. These contracts, non-negotiable by the supplier, pertain to the authorization of new port facilities across various states, including Rio Grande do Norte, Pará, São Paulo, Rio de Janeiro, Rondônia, and Mato Grosso do Sul. Eight additional clauses have been […]
Metal Shark recently launched the patrol vessel 'Berbice' (1039), a 115 Defiant class ship, built for the Guyana Defense Force. The launching ceremony took place at the shipbuilder's yard in Franklin, Louisiana, on August 2nd. CEO of Metal Shark, Chris Allard, stated that the new 115 Defiant will help safeguard Guyana's burgeoning oil and gas […]
Experts anticipate the international market to continue demanding more crude oil over the next few years, despite the growing shift toward renewable energy sources. With this demand, the International Energy Agency (IEA) estimates that the global oil production will increase by 5.8 million barrels per day by 2028, a quarter of which will come from […]
Situated in the central region of Minas Gerais, São Gonçalo do Rio Abaixo, a small town with only 12,000 inhabitants, has Brazil’s highest revenue per capita. Despite the high tax revenue, the town’s financial prosperity doesn’t always align with the lived experience of its residents, many of whom remain unaware of their hometown’s economic status. […]
The prominent business magazine, Forbes Advisor, named Brazil as the world's premier destination for ecotourism in a ranking released in July. In the evaluated criteria, Brazil scored an overall 94.9 points, leading the list of 50 countries. Mexico and Australia trailed, securing the second and third positions respectively. Brazil, with over 43,000 animal and plant […]
Preserving the Amazon rainforest remains a significant challenge for all countries that share it. However, according to the latest 20-year data from Global Forest Watch, Bolivia and Brazil are leading in forest loss, with 9.06% and 8.46% respectively. "Forest loss" refers to removing or dying tree cover, not necessarily from deforestation. This loss can stem […]
The military junta in Niger has announced the closure of the country’s airspace starting today, coinciding with the expiration of the ultimatum given by the Economic Community of West African States (ECOWAS) for the military to restore constitutional order or face potential military intervention. According to a statement read by Colonel Amadou Abdaramane on national […]
Former Paraguayan presidential candidate Efraín Alegre was dismissed from his position as the leader of the Authentic Radical Liberal Party (PLRA) on Sunday during a convention that also elected a new executive board. The convention, which was marked by conflict and lasted longer than anticipated, took place in a gymnasium in Asunción. There were physical […]
Chile’s Minister for Women and Gender Equality, Antonia Orellana, expressed concern about the Republican Party’s plan to repeal the country’s abortion law if they obtain a majority in the National Congress. In an interview, she highlighted the rights of sexual and reproductive health and the necessity for their defense. The Minister has started discussions with […]
In Luanda, the leader of UNITA, the primary opposition party in Angola, Adalberto Costa Júnior, declared the party's commitment to advance their motion to impeach President João Lourenço. The president's unseating, he says, is not an act of war or instability but a democratic response to perceived attempts to subvert Angola's democratic process and establish […]
In a speech marking the 198th anniversary of Bolivia’s independence, President Luis Arce warned that his nation is at risk from “foreign ambition” that seeks to exploit its natural resources and calls for unity to combat this threat. Arce, speaking at the legislative assembly session in Bolivia’s constitutional capital, Sucre, highlighted the country’s historical fight […]