Cuban President Miguel Díaz-Canel, during his official visit to Luanda, underscored that Angola is one of Africa's key partners for Cuba, with broad and varied collaboration. He expressed his wish to further to enhance economic, trade, and financial ties. Speaking to the media at Luanda's Presidential Palace, Díaz-Canel emphasized the commitment to nurture and expand […]
In the heart of the British Virgin Islands, Process & Industrial Developments Limited (P&ID), a seemingly unremarkable engineering and project management company, emerged to cast an astonishing shadow over Nigeria’s fiscal landscape. Founded by the Irish businessman Michael “Mick” Quinn and his counterpart Brendan Cahill, P&ID’s original mission was rooted in Nigeria’s prosperous oil and […]
In 2023, global investment in semiconductors is set to decline for the first time in four years. Top chip manufacturers, including giants such as Intel, TSMC, and Micron Technology, anticipate a 16% drop in fiscal investments to US$122 billion. The shift comes as concerns over the Chinese economy, rapid capacity expansion from recent years, and […]
Cuba welcomed nearly 1.5 million international visitors between January and July of this year, marking an impressive 178.4% increase compared to the same timeframe in 2022, as reported by the National Office of Statistics and Information (Onei). Although this rise is noteworthy, it suggests that reaching the government's goal of 3.5 million international visitors for […]
From January to July 2023, China, the largest buyer from Brazil's market, imported 54 million tons of Brazilian soybeans, reflecting a 6% increase from the same period in 2022. Shipments to China account for approximately 70% of Brazil's total soybean exports, while the bulk of China's soy market relies heavily on Brazilian produce. To illustrate, […]
Venezuela’s Public Prosecutor’s Office has requested an arrest warrant for Antonio Ledezma, former major mayor of Caracas and opposition figure, on charges of treason and incitement to commit a crime. This follows Ledezma’s television statement suggesting a potential civil rebellion in Venezuela, supported by a military uprising. General Prosecutor Tarek William Saab stated on August […]
Peruvian reporter, Enrique Bayona, who has been delving into corruption allegations linked to the administration of former president Pedro Castillo (2021-2022), has claimed an attempted assassination by unidentified individuals. Bayona stated that the incident occurred on August 20th in the Piura region (north), where he lives and works. In 2022, he disclosed recordings in which […]
The Rio de Janeiro administration has initiated a R$5,000 (US$1,000) reward for each rifle seized by law enforcement officers, per an official decree published on Monday, 21. The reward applies to officers who, during their duty or because of it, confiscate unregistered firearms, specifically rifles, regardless of making an arrest or detaining a minor found […]
Petroecuador, the state-owned oil company, confirmed its intention to adhere to the results of a recent national referendum, where a significant majority voted against the continued oil extraction in Block 43-ITT, a key oil field located in the Yasuní National Park, the heart of Ecuador’s Amazon. The company, which has been operating in Block 43-ITT […]
In Niger, more than two million children are in dire need of humanitarian assistance, as reported by UNICEF. The country, already grappling with jihadist violence, has been further destabilized by a recent coup. Previously, UNICEF had projected that by 2023, about 1.5 million children under the age of five would be malnourished, with at least […]
Unlike the conventional real estate sector, the agricultural land market in Brazil remains fragmented. Seeing potential, various entities, including specialized firms and real estate funds, are increasing their operations and investments. A prime example is BrasilAgro, one of the few agribusiness companies listed on B3. They now possess 320,000 hectares of land, strategically optimizing cost […]
In the wake of their most tumultuous political crisis in over two decades and an inflation rate reaching 115%, many Argentinians are turning to private cryptocurrencies, specifically the "cryptodollar" offered by Ripio, the nation's leading digital asset platform. This cryptocurrency provides some semblance of financial stability in a country where prices can fluctuate twice daily. […]
The latest Focus report from the Central Bank (BC) indicates a revised median projection for Brazil's official inflation in 2023, moving from 4.84% to 4.90%. The data was collected from economists' predictions until the end of last week. For 2024, the median estimate for the Broad National Consumer Price Index (IPCA) remains unchanged at 3.86%, […]
Brazil's Central-West region is set to achieve a remarkable corn harvest, outpacing the entire European Union (EU) production. The region forecasts 76 million tons, while the EU expects about 52 million tons. The EU ranks fourth globally in corn production. Among leading producers, they trail Brazil (135 million tons), China (277 million tons), and the […]
Gamescom, acclaimed as the world's premier gaming fair, kicks off in Cologne on August 23, 2023, showcasing "World Class Games". Over 1,220 exhibitors from 63 countries are set to display their offerings across a sprawling 230,000 square meters. Many gamers eagerly line up, hoping for a brief firsthand experience of soon-to-be-released games. In a press […]
South Korea and the U.S. commenced expansive military exercises on the Korean peninsula following a recent trilateral summit with Japan focused on strengthening security collaboration. These developments come as North Korea announces a new missile test. Dubbed “Ulchi Freedom Shield”, the exercises are set to run until the end of the month, with the Seoul […]
Iran’s legislative body has forwarded a proposed hijab law to the influential Guardians Council for final review. Should this become law, women not adhering to the Islamic dress code could face penalties up to five years in prison, according to official reports. The “Bill Supporting Chastity and Hijab Culture” recently gained approval in a private […]
(Opinion) As Brazil gets ready to lead BRICS in 2025, it’s nearing the end of a significant study on a new currency. Though Brazil refutes that this study aims to challenge the U.S. dollar, the intention is to bolster trade among BRICS nations using their local currencies. This could reduce dependence on the U.S. dollar, […]
The Brazilian gun manufacturer, Taurus Armas, is in contention for a significant tender initiated by the Indian Government. The tender aims at procuring 425,000 rifles, potentially leveraging local production as part of the 'Make in India' initiative. A crucial phase has been reached as India has requested 10 samples of the T-4 rifle from Taurus […]
On Sunday, 20th August 2023, a majority of Brazil's Supreme Federal Court (STF) favored prohibiting the forced eviction of homeless individuals. This ruling reinforces the earlier verdict from Justice Alexandre de Moraes on 25th July, directing the federal government to devise a comprehensive strategy addressing the issue within 120 days. The ruling is being considered […]
India is considering forging agreements with crucial partners in Latin America and Africa, including Brazil, Argentina, South Africa, Senegal, and Tanzania, to enable trade in local currencies. This insight came from the Indian website Money Control. According to a government insider, such deals could be a step toward internationalizing the Indian Rupee. Brazilian President, Luiz […]
Brazil's President, Luiz Inácio Lula da Silva, expressed support for a consolidated and shared agenda among BRICS nations (Brazil, Russia, India, China, and South Africa) before departing for the 15th summit in Johannesburg, South Africa. Lula da Silva conveyed on social media that the upcoming days would be dedicated to enhancing the BRICS alliance by […]
This Sunday’s polling results indicated Luisa González and Daniel Noboa as the leading contenders in Ecuador’s presidential race. With over 85% of votes counted, González, an attorney, and protegé of former President Rafael Correa (2007-2017), secured 33% of the support among eight candidates. Following her, with 24% votes, is 35-year-old businessman Noboa, son of notable […]
Despite the sanctions set by the Economic Community of West African States (ECOWAS), a convoy of 311 supply trucks transporting essential goods has successfully traveled from Burkina Faso to Niger. This move comes following the July 26 coup in Niger. The Niger Armed Forces confirmed, through an official release by the ANP agency, that the […]
Election observers in Guatemala have voiced their apprehensions about threats directed at judges of the Supreme Electoral Tribunal. They have urged security forces to ensure the judges’ safety, especially in the run-up to the presidential run-off and other pivotal elections. So far, the observers haven’t identified significant disruptions. However, they have publicly denounced the intimidation […]