Taiwan has recently showcased its Hsiung Feng IIE (HF-2E) long-range missile, signaling an enhanced deterrence capability against potential Chinese aggression. This latest revelation provides new insights into Taiwan’s evolving defense strategy and its quest to strike deeper into mainland China. Photos released by Taiwan’s United News Daily (UDN) and corroborated by the semi-official Central News […]
As indicated by the country’s Ministry of Economy and Finance, the upcoming election uncertainty regarding the Yasuní National Park’s oil reserves and the future economic policy influence Ecuador’s credit rating. Recent reports from credit rating agencies Fitch and Standard & Poor’s highlight the country’s political uncertainty due to upcoming elections as a notable risk. Ecuadorians […]
Brazil's fuel imports from Russia have surged, establishing Moscow as its main supplier. This uptick comes as Russia seeks new trade avenues after European Union sanctions. Brazil's oil derivatives imports from Russia are projected to rise by 25% this month compared to July, reaching approximately 235,000 barrels daily, according to Kpler data. This surpasses previous […]
Roberto Campos Neto, the head of the Central Bank, commented on Thursday, 17th August 2023, that Javier Milei's proposal to dollarize the Argentine economy presents significant challenges. Milei recently led the Argentine primary election. One of his main pledges involves replacing the Argentine peso with the U.S. dollar. During a discussion with Poder360, Campos Neto […]
In July, Macau reported close to 2.8 million tourists, nearing its 3.5 million benchmark set in the same month of 2019, before the outbreak of the COVID-19 pandemic, as per the latest official data. The figures for July showed a 24.9% increase from the previous month, with 2,759,544 tourists entering Macau. Out of these, the […]
Most ECOWAS member countries have shown a willingness to engage in possible military action to reinstate constitutional order in Niger, as stated by Abdel-Fatau Musah, the ECOWAS Commissioner for Political Matters, Peace, and Security. Musah revealed that all nations, apart from those under military rule (Burkina Faso, Mali, and Guinea-Conakry) and a smaller nation (Cape […]
Ribeira Grande de Santo Antão has become the fourth municipality to issue bonds on the Cape Verde Stock Exchange (BVC), raising US$1.32 million for debt restructuring and investments. The bond, valued at 130 million escudos (approximately US$1.32 million), is targeted at qualified investors, offering a 4% annual interest rate and a maturity period of 10 […]
Latam Airlines plans to launch a direct route from London Heathrow to Lima, Peru, pending government approval. Starting December 2nd, the airline intends to operate five weekly flights—Mondays, Tuesdays, Wednesdays, Thursdays, and Saturdays. The Boeing 787-9 Dreamliner, assigned to this route, accommodates 30 passengers in Premium Business Class and 270 in Economy Class, with a […]
Emerging market assets, which initially experienced a stock downturn and extended to currencies earlier this month, are now impacting bonds. This shift comes as traders rapidly revise bets in anticipation of interest rate cuts. On Thursday, the average insurance cost against default rose across 20 emerging economies, marking its most significant monthly surge since last […]
Brazil's Federal Police apprehended around ten individuals involved in the January 8 upheaval in Brasilia. This event saw thousands of extreme supporters storming key capital buildings, attempting to disrupt the commencement of Luiz Inácio Lula da Silva's administration. The police's latest move aims to "pinpoint those who provoked, engaged in, and championed the events of […]
The Pheu Thai party, removed from power through a coup in 2014, secured the endorsement from the pro-military United Thai Nation party for their prime ministerial candidate’s parliamentary vote slated for August 22nd. The United Thai Nation, having gained fifth place in the May elections, revealed its intention to join the Pheu Thai-led coalition, which […]
Brazil dominates the global sugar industry, contributing 22% of the world's supply. According to the National Supply Company's data, the nation's yearly production is nearing 41 million tons, an 11% surge from the previous cycle. The average export value of each ton is estimated at around US$500, based on Brazil's export revenue from January to […]
In 2023, Brazil is set to produce 15 million tons of chicken meat, accounting for nearly 15% of the world's total supply, which stands at 103 million tons for the year. These figures were highlighted by the Brazilian Association of Animal Protein and are based on United States Department of Agriculture estimates. While the U.S. […]
Bitcoin (BTC), along with other leading digital currencies, saw a decline recently, mirroring broader market apprehensions due to increased Treasury yields, which are at their highest since 2007. The renowned cryptocurrency, Bitcoin, dipped below the US$29,000 mark, with industry experts suggesting further declines if market conditions worsen. Ethereum's native currency, Ether, also dropped, falling beneath […]
Recent research has thrown light on the political biases inherent in AI language models. Multiple academic studies suggest that, based on the data and algorithms used, these models may not be as neutral as intended. According to MIT Technology Review, a comprehensive study led by researchers from the University of Washington, Carnegie Mellon University, and […]
Ecuador’s special presidential and legislative elections are initiated with the voting of inmates who have not yet received a final sentence. This voting process takes place within prisons. 4,756 individuals are eligible to vote in 39 Social Rehabilitation Centers. 62 Voting Reception Boards have been set up across 20 provinces to facilitate this. Diana Atamaint, […]
The storm Hilary has strengthened into a category 1 hurricane in the Mexican Pacific, anticipated to bring intense rainfall. Originating as a tropical storm, it was positioned 515 kilometers south-southwest of Manzanillo, Colima, and 520 kilometers southwest of Punta San Telmo, Michoacán, at the time of its upgrade, as reported by Mexico's National Meteorological Service […]
In a recent revelation, a hacker alleged that former Brazilian president, Jair Bolsonaro, had hinted at tampering with the electoral justice network to highlight potential vulnerabilities in the voting system before the previous year's elections. Walter Delgatti, an IT specialist, testified before a parliamentary committee examining the events of January 8. He claimed that Bolsonaro […]
An economic powerhouse, Japan recently experienced a subtle jolt in its export dynamics. For the first time in over two years, July saw a dip in the country’s exports, with a 0.3% year-on-year decline, according to data released by the Finance Ministry. This development, coming after a consistent rise since February 2021, raises questions about […]
In a surprising outcome of the Argentine primary elections, Javier Milei, who led the polls, unveiled his unconventional economic vision for the country. Milei expressed his ambition to shut down the nation’s central bank, asserting it serves no meaningful purpose. He also discussed a rigorous fiscal adjustment strategy that aims to revamp Argentina’s credit profile […]
After the primary elections on August 13, the International Monetary Fund (IMF) proposed a 100% and, subsequently, a 60% devaluation of Argentina’s currency, as communicated by the spokesperson for President Alberto Fernández. The final adjustment settled was 20%, in line with the actual 22% devaluation executed by Argentina’s government following the primary elections. In these […]
Ângela Ferreira, an advocate for posthumous insemination rights in Portugal, recently gave birth to Guilherme. She utilized the cryopreserved semen of her husband, who passed away from cancer in 2019. Ferreira shared her joy on her Instagram, expressing gratitude to her late husband and the overwhelming support she received from the community. Ferreira’s journey started […]
(Opinion) UN Secretary-General Antonio Guterres’s recent call for decisive action in Haiti offers a glimmer of hope for the beleaguered nation. Haiti’s plea last year for international assistance against the escalating violence of gangs, particularly in Port-au-Prince, did not go unheard. Guterres’s proposition to deploy a swift response force to bolster the Haitian police is […]
On Thursday, the Supreme Federal Tribunal (STF) in Brazil is scheduled to review the Recurso Extraordinário 635659, which could lead to decriminalizing drug possession for personal use, primarily focusing on cannabis. However, the scope might extend to other illegal drugs. The session will be broadcasted on TV Justiça at 2 pm. The case has been […]
Florida has seen an unprecedented surge in international tourists, with a significant contribution from Brazilian visitors. According to data from Visit Florida, the state welcomed around 70.8 million guests in the first half of 2023. Foreign and Brazilian visitation rose by 21.8% and 55.7%, respectively. However, domestic visits slightly decreased by 1.1% over the same […]