A recent Institute of Democracy survey shows São Paulo governor Tarcísio de Freitas as the top pick to follow Bolsonaro in 2026. He leads with 17% of voter support. Romeu Zema, another governor, trails him with 12%. Former First Lady Michelle Bolsonaro and Senator Sergio Moro each have around 11%. Researchers spoke to 2,558 people […]
In 2022, coca farming in Colombia grew by nearly 13%. A new record of 230,000 hectares was set, says a UN report. Before, in 2021, 204,000 hectares were under cultivation. That was a 43% rise from 2020. Even if the growth rate slowed, it’s still the highest since the UN began tracking in 2001. Cocaine […]
Morocco’s Interior Ministry reported 2,681 deaths from last Friday’s earthquake. At least 2,501 people were injured. The quake hit the central region and was the deadliest since 1960. Its epicenter was in Marrakech, and scored 6.8 on the Richter scale. Al Haouz was the worst-hit area, recording 1,591 deaths. Taroudant followed with 809. Officials warn […]
Bitcoin fell today below US$25,000, a level not seen in 90 days. Fears that FTX could sell assets due to bankruptcy hurt other digital coins. On Monday, Bitcoin hit a low of US$24,958. This is its weakest value since June 15. Solana, closely tied to FTX, also declined for four days. Its total dip in […]
Brazil is catching up to the U.S. in cotton exports. Poor weather in Texas hurts U.S. production. Brazil has had a strong cotton season. The U.S. market share is shrinking. This follows Brazil's rise in corn exports this year and long-time leadership in soybean sales. The U.S. also trails Russia and the European Union in […]
Six years ago, U.S. investment banks wooed Latin American companies and promised better access to investor pools. Many firms like Stone and PagSeguro took the bait and went public on Wall Street. They aimed to replicate the success of American tech giants. The results fell short. Stocks didn't perform well and trading volumes were low. […]
Maximiliano Pullaro won the governor race in Santa Fe, Argentina. He beat his Peronist rival by nearly 30 points. Pullaro got 58.4% of the votes. Marcelo Lewandoski, from a center-left group, received 30.8%. Edelvio Bodoira of Viva La Libertad got 6.48%. Carla Deiana of FIT-U won 4.2%. Current Governor Omar Perotti accepted his defeat. In […]
Argentina will keep sending natural gas to Chile until December 31, 2024. The Foreign Ministry made this announcement. This move boosts the energy partnership between the two countries. Argentina will tap into Vaca Muerta for this purpose. Vaca Muerta is in Neuquén province. It has some of the world’s largest reserves of unconventional gas and […]
Bolivia’s Economy Minister Marcelo Montenegro reports low inflation. The nation didn’t follow IMF or World Bank advice. In August, consumer prices rose by 0.39% from July. The year-to-date rate is 1.55%, says the National Institute of Statistics INE. Montenegro credits state-led efforts for this. To keep food affordable, the country fights smuggling. Bolivia projects a […]
Economic disparities in China have reached new highs, contradicting President Xi Jinping’s goal of “common prosperity.” Data from the National Bureau of Statistics of China reveals that urban high earners make 6.3 times more than the bottom 20%. COVID-19 policies have especially hurt service workers, slowing down their income recovery. Meanwhile, the wealthy in cities […]
Brazil’s Cerrado, the country’s second-largest ecosystem, is home to diverse indigenous and local groups who know how to manage the land well. They face the impacts of cutting down trees and less river water. The community includes different ethnic groups like Xerente and Guarani. They are on the front lines as farming expands. In Piauí, […]
Shares of Country Garden, a top Chinese property company, recently hit lows. The firm struggled to pay off its dollar debts, causing investor concern. The company finally made payments on the last possible day. This could spell trouble not just for China but also for Brazil. Investors worry about a looming credit crisis in China's […]
Brazil's President Luís Inácio Lula da Silva says the country will explore oil and gas in the Equatorial Margin, the mouth of the Amazon River. This area lies between Amapá and Rio Grande do Norte. If the search proves fruitful, the government will decide on further steps. Lula often speaks about clean energy on the […]
TF Agroeconômica says Brazil should sell more corn abroad and the goal is to add five million tons to the current 50 million tons forecast by Conab. This aligns with what the USDA expects. Brazil shipped 4.45 million tons from January to June. They sent another 9.25 million tons in August. About 9 million tons […]
In recent Brazil news, the 2023 edition of Forbes Magazine has unveiled the country's leading billionaires in the agribusiness sector. The list includes 61 agribillionaires holding R$196.2 billion (US$38.45 billion), equalling 8% of all billionaires in Brazil. This aligns with Agro GDP of R$2 . . . To read the full NEWS and much more, […]
Argentine Defense Minister Jorge Taiana launched a new fiber optic network that will boost secure communication for national defense. It connects military offices, the Defense Ministry, and the Cyber Defense Command. Plans are in place to extend it to more entities. A specialized team managed the project. They worked with Arsat, a telecom company. This […]
A former Brazilian central bank head, Affonso Celso Pastore doubts the current GDP growth. He says it's driven by government spending, not the market. "This rate won't last," he warns. He predicts a future drop in activity and rising interest rates. In a recent interview, he was blunt. "Private investment will shrink," he said. "Right […]
(Opinion) French President Emmanuel Macron recently visited Bangladesh’s Sheikh Hasina and talked about offering a “third path” in the Indo-Pacific. This comes at a time of global tension. The focus is balancing relations between big players like the U.S. and China. Macron’s visit could mean more for France and Bangladesh than it seems at first […]
French President Emmanuel Macron visited Bangladesh to talk about a “third path” in the Indo-Pacific. He met Prime Minister Sheikh Hasina in Dhaka. Macron arrived from New Delhi, where he had joined a G20 summit. His brief trip aims to build strong partnerships during global uncertainty. “We want to offer a stable alternative with Bangladesh,” […]
Alexandr Schetinin, a Russian Foreign Ministry official, aims to create visa-free deals with all countries in Latin America. Talks are ongoing with the last six nations, including Mexico. "We're committed to making Latin America visa-free, so we're still negotiating," Schetinin told reporters. The TASS agency cited him. The diplomat said the pact will be sealed […]
Italy’s government is keen for a swift EU OK on the Ita-Lufthansa link-up. The German airline aims for a 41% share in Ita Airways. This new airline arose after the old Alitalia folded. Matteo Salvini, Infrastructure Minister, expressed his delight. “Resolving this long-standing issue for workers and travelers is great. We’re waiting for a quick […]
Brazil's President Luís Inácio Lula da Silva changed his view on arresting Russia's President Putin and says the decision lies with the courts. Lula made this clear a day after the G20 Summit in New Delhi. Earlier, he assured Putin that he wouldn't be arrested in Brazil. The International Criminal Court (ICC) wants Putin for […]
U.S. President Joe Biden said China is altering how trade works but there is no crisis and he doesn’t want to harm China. The talk followed questions about China’s Apple smartphone ban for its officials. Reporters also asked about Xi Jinping’s aim to better U.S.-China ties. Biden said, “I don’t aim to hurt China. I […]
Lula da Silva said the European Union's green rules for a trade deal with Mercosur are not okay. He believes these terms hurt Brazil's image on environmental issues. Brazil's President, Luiz Inácio Lula da Silva, met with Ursula von der Leyen, head of the European Commission. They talked on the sidelines of the G20 summit […]
The conservative Colorado Party leads in 10 of 13 local elections in Paraguay. This data comes from the Electoral Court. Candidates from this ruling party are winning in areas like San Alfredo, San Pedro, Santa Elena, and Tobati. They also lead in Abai, Cambyreta, Sapucai, Ybycui, Santa Rita, and Capiata. The opposition, known as PLRA, […]