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«The Rio Times»
Сентябрь
2023

Новости за 18.09.2023

UN Panel Says Ethiopia’s Conflict Grows Nationwide

«The Rio Times» 

A UN panel is set to present a report to the UN Human Rights Council, warning that Ethiopia’s conflict has escalated to a nationwide issue. The group states that war crimes and atrocities still occur in the country. Mohamed Chande Othman, the panel’s chair, confirms this. He says the peace deal hasn’t solved the conflict, […]

Peru’s Congress Passes Bill Against ‘Inclusive Language’

«The Rio Times» 

Peru’s Congress approved Bill 3464, which aims to eliminate “inclusive language” from school texts, as the official Congress website reported. The law follows Royal Spanish Academy guidelines. Milagros Jáuregui, a conservative congresswoman, proposed it. She chairs the Women’s Committee. The bill got 78 yes votes, 21 no votes, and five abstentions. It argues against using […]

Finance Ministry Boosts Brazil’s 2023 GDP Growth Estimate

«The Rio Times» 

Brazil's Finance Ministry has raised the 2023 GDP growth forecast from 2.5% to 3.2%, while keeping this year's inflation outlook at 4.85%. The MacroFiscal Bulletin shared these updates on Monday. Guilherme Mello will present these numbers. The government's new outlook is more upbeat than market predictions. The Focus Bulletin shows market forecasts at 2.89% for […]

Group claims killing of 11 in Northern Mozambique

«The Rio Times» 

An Islamic State terrorist organization has claimed to have executed 11 Christians in Mozambique's Mocímboa da Praia district. The group also says they targeted local military forces, but this is unconfirmed. The attack happened in the village of Naquitenge. A local source lost a relative during this violent event. According to him, villagers were called […]

A Closer Look at Angola’s Infrastructure Mega Projects

«The Rio Times» 

Angola is undergoing a significant economic shift, marked by a series of ambitious projects. These endeavors aim to modernize the country's infrastructure, foster global partnerships, and reduce reliance on foreign oil. Two critical refineries, Cabinda and Soyo, are on track for completion in 2024 and 2025, respectively. Funded by Gemcorp and

Paraguay Halts Energy Exports to Argentina Over Unpaid Debt

«The Rio Times» 

Paraguay has halted energy sales to Argentina due to an outstanding $150 million debt. President Santiago Peña clarified this in a CNN Español interview. Initial rumors linked the move to toll issues on the Paraguay-Parana Waterway. Peña dismissed such claims outright. Peña said the debt affects Yaciretá, a joint company. Employees there aren’t getting their […]

A Tale of Two Central Banks: Uruguay Thrives, Argentina Falters

«The Rio Times» 

Diego Labat, Uruguay’s central bank chief, oversees an economy with its lowest inflation in two decades and a strong currency. The nation leads in cutting interest rates in the region. In contrast, Argentina faces high inflation at 124%. Its currency is weak, and foreign reserves are negative. Years ago, Uruguay was sensitive to Argentina’s economic […]

Brazil’s Creative Sector to Add One Million Jobs by 2030

«The Rio Times» 

Brazil's National Industry Observatory predicts the creative economy will generate one million new jobs by 2030. Currently, the sector makes up 3.11% of Brazil's GDP. It employs 7.4 million people, according to a recent survey. By 2030, that number should rise to 8.4 million. The study predicts one in four upcoming jobs will belong to […]



Opposition Wins in Argentina’s Chaco Province

«The Rio Times» 

Leandro Zdero from the center-right Juntos por el Cambio alliance won in Argentina’s Chaco province in the north of the country bordering Paraguay and Bolivia. He beat current Governor Jorge Capitanich. The Peronist party had ruled since 2007. Zdero got 46.1% of the votes. Capitanich got 41.7%. The sitting governor will leave office in December. […]

China’s Top Builders Face Heavy Forex Losses Due to Weaker Yuan

«The Rio Times» 

Top Chinese property firms are grappling with nearly $3 billion in forex losses this year, mainly due to U.S. dollar loans as the yuan weakens. This adds more stress to their cash-strapped operations. A study by Nikkei Asia shows 24 top Chinese firms lost 21.25 billion yuan ($2.75 billion) in the first half. These paper […]

Bitcoin Rises 3%, Eyes on Upcoming FOMC Meet

«The Rio Times» 

Bitcoin and Ethereum's ether are rising this Monday, continuing their gains from the previous week. The focus is on the U.S. Federal Open Market Committee's (FOMC) decision this Wednesday. Many expect U.S. interest rates to stay at 5.25% to 5.5%. At 10 a.m. local time, Bitcoin trades at $27,396, up 3%. Ether also rises, showing […]

Ibituruna Photo Exhibit Spotlights Brazilian Museum Spring

«The Rio Times» 

Museum Spring is an event organized by the Brazilian Museum Institute to promote museums in Brazil. This year, the City Museum in Governador Valadares hosts "Views of Ibituruna." Photographers Fábio Monteiro and Ana Flávia Tragino created the exhibit. It stays open until the 30th of this month. Each year, the Institute picks a theme. This […]

Paysandu Beats Botafogo-PB with Late Goal in Group C

«The Rio Times» 

Paysandu defeated Botafogo-PB 1-0 on Sunday in Group C’s third round, with Jacy scoring the late winning goal. Now, Botafogo-PB sits at the bottom of Group C. They have three points from three matches. They face Paysandu again next Saturday at 4 PM. In the first half, both teams tried to score but missed. Nicolas […]

Brasilprev and Bradesco Top LatAm Insurance Rankings

«The Rio Times» 

Brasilprev leads the 2022 rankings of major Latin American insurers, with Bradesco Seguros closely following in second place. Mapfre's study backs this ranking. Bradesco Seguros, also from Brazil, comes second. Brasilprev made $9.714 billion last year. Bradesco Seguros wasn't far behind, with $9.671 billion in earnings. These figures focus on each company alone, not their […]

São Paulo Rolls Out First 50 Electric Buses

«The Rio Times» 

São Paulo is introducing 50 all-electric buses to its public transit system this Monday, as a step toward its larger goal of having 2,600 electric buses by 2024. The city has a total fleet of 13,000 buses. Until now, only 18 were electric. The new buses come from Eletra, a Brazilian company. Two models are […]

Brazil and Paraguay Eye Smooth Itaipú Talks

«The Rio Times» 

Brazil’s Mines and Energy Minister, Alexandre Silveira, traveled to New York and shared his optimism about the Itaipú dam talks with Paraguay. Many anticipate rapid and smooth progress. Both nations plan to revisit the terms of Annex C soon. This agreement has provided Brazil with Paraguayan energy for 50 years. Globally, Itaipú ranks among the […]

Brazil’s Top Tech-Forward Cities

«The Rio Times» 

A survey has identified the Brazilian cities where connectivity is a daily aspect for residents. The "Smart Connected Cities Ranking" analyzed data from 656 cities with populations exceeding 50,000, per the 2022 IBGE census. In collaboration with Necta, the Urban Systems study evaluated cities based on 74 metrics across 11 thematic axes: Mobility, Urban Planning, […]

Brazil Counters EU’s Sanctions with Collaboration Offer

«The Rio Times» 

Brazil proposed an environmental approach to the EU, emphasizing balanced commercial trade-offs. Europe's barriers could lead to Mercosur's reassessments regarding the EU trade deal. EU's Green Party and environmentalists show concern. They feel this might undermine anti-deforestation efforts. Ursula von der Leyen remains hopeful for a 2023 deal. Brazilian officials note Europe's positive response. Two-decade […]

Brazil Topped 2022’s Global Wealth Disparity Chart

«The Rio Times» 

2022 Brazil led the global disparity list, according to UBS's Global Wealth Report 2023. This report found 48.4% of Brazil's total wealth was with only 1% of its people. Other nations, including India, the USA, China, and Germany, trailed Brazil. The UBS report examined the assets of 5.4 billion individuals globally. There was a slight […]

3,600 Russians Face 90-Day Latvia Exit

«The Rio Times» 

About 3,600 Russians could leave Latvia soon, says Maira Roze of Latvia’s Citizenship Office. She spoke on TV3 recently. Latvia’s parliament made a law change on August 14. This change lets 8,700 Russians stay for two more years to learn Latvian. Before this law, failing the Latvian language test would cost Russians their residency by […]

Nigeria and Cuba Sign Farm Tech Deal

«The Rio Times» 

Nigeria and Cuba inked new agreements on agricultural technology during last week’s G77+China summit in Havana. Abubakar Kyari, Nigeria’s Agriculture Minister, and Ydael Pérez Brito, his Cuban counterpart, inked the deal. Kyari wants to improve crop, seed quality, and modern farm methods with Cuba. He also showed interest in the poultry, livestock, and fish sectors. […]

Japan Sets New Record in Older Population

«The Rio Times» 

For the first time, the Japanese government announced that more than 10% of its population is 80 or older just before a national holiday celebrating those over 65. Currently, 29.1% of Japanese are older than 65, a small rise from last year’s 29%. Japan leads the world in its rate of elderly people. It surpasses […]

Brazil’s Finance Minister Discusses Safe Equatorial Drilling

«The Rio Times» 

Brazilian Finance Minister Fernando Haddad said on Canal Livre Sunday that Brazil may tap oil in the Equatorial Margin. He stressed doing it safely for nature. He added the real goal is using renewable energy. "We should use oil only until we don't need it," he claimed. Haddad believes oil's relevance may last another 30 […]

Opinion: Why Brazil’s Land Timeframe Matters for National Balance

«The Rio Times» 

(Opinion) Brazil’s land timeframe policy seeks a balance between farming and eco-preservation because it addresses economic needs and upholds indigenous rights. Ignoring it could risk Brazil’s role in the global commodities market. Let’s remember that farming accounts for one-third of our trade balance. Having a set timeframe will prevent social and economic chaos, especially in […]

Taiwan Alarmed by Record Chinese Military Activity

«The Rio Times» 

Taiwan urged China to halt “destructive unilateral actions” on Monday after detecting a record 103 Chinese aircraft and nine warships near the island. The Ministry of Defense said this poses a severe challenge to Taiwan Strait security. The ministry warned of a potential rise in regional tensions. China sees Taiwan as a province yet to […]





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