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«The Rio Times»
Сентябрь
2023

Новости за 21.09.2023

Oxford’s First Global Campus Opens in Brazil for Health Studies

«The Rio Times» 

Oxford University will unveil its first Brazil campus by the end of 2023, with classes starting in early 2024. The campus will focus on public health, particularly drug and vaccine development. Details about admissions are still pending. Initial courses will cover three main areas. These include Biotechnology and Vaccine Development, Global Health, and Clinical Development […]

Brazil’s Top Court Weighs Indigenous Claims over Landowner Interests

«The Rio Times» 

The STF, Brazil's Supreme Court, leans towards opposing a deadline for designating indigenous territories. Seven justices reject while two support the deadline set at October 5, 1988, marking Brazil's latest constitution. Since 2021, the STF has scrutinized an appeal by the National Indian Foundation, Funai. This appeal questions a prior judgment supporting the Foundation for […]

Cape Verde PM Predicts 5.7% Growth

«The Rio Times» 

Cape Verde's Prime Minister, Ulisses Correia e Silva, expects a 5.7% economic rise in 2023. He announced this at a U.S. business forum. For 2024, he predicts a 4.7% increase. He added that last year's high inflation rate of 8% will drop to 2.8% in 2024. Correia e Silva highlights the small size of the […]

High Climate Risk in Angola’s Moxico and Cuando Cubango

«The Rio Times» 

A recent study reveals that Moxico and Cuando Cubango in Angola face significant climate risks. The NGO Mosaiko sponsored the report, presented in Luanda. The research focuses on several municipalities including those in Moxico and Menongue. The report identifies various environmental threats. These include flooding, droughts, soil erosion, landslides, and pollution, particularly of rivers. Deforestation […]

Brazil Eyes Aid for TAP Airline’s South American Role

«The Rio Times» 

Brazil views TAP Airline as key for South America. Minister Renan Filho emphasized this in an interview. Next, Portugal will finalize a decree for TAP's privatization. Brazil aims to help, focusing on profit. Private Brazilian investors can join the process. Traditionally, Brazil doesn't invest state funds in companies. However, Renan Filho noted many local firms […]

Switzerland Steps In as Guarantor for Colombian Peace Talks

«The Rio Times» 

Switzerland has been requested by both the Colombian government and the EMC rebel group to act as a guarantor in upcoming peace talks. This move honors Switzerland’s long-standing peace efforts globally. Formal talks are set to start on October 8. EMC is a faction that emerged from a 2016 peace deal. Not all FARC rebels […]

São Paulo’s Rosewood Hotel Joins Global Top 50 List

«The Rio Times» 

The '50 Best' organization named Brazil's Rosewood São Paulo as the 27th best global hotel. It is located near Avenida Paulista in Bela Vista and won South America's best hotel. Opened last year, the hotel has room rates between R$2,900 ($600) and R$9,500 ($1,900), according to Booking.com. It occupies a restored, early 20th-century building that […]

Colombian Peso Stands Firm Amid Foreign Debt Market Exit

«The Rio Times» 

Foreign investors are selling Colombia’s debt, yet the Colombian peso stays strong. Leading this trend, Norway’s sovereign fund sold off 1.4 trillion pesos ($369 million) in local bonds last month. Other notable sellers include Wellington Management, Saudi Arabia’s central bank, the UK’s Universities Superannuation Scheme, and Citigroup. Conversely, local pension funds are buying more. They […]



Dollar Rises Amid Global Caution

«The Rio Times» 

Today, amid global market caution, the U.S. dollar is trading at R$ 4.92 in Brazil. In response, both U.S. and Brazilian interest rates have shifted. Federal Reserve Chair, Jerome Powell, hints at another rate hike this year. Furthermore, commodity prices are falling, giving the dollar another boost. Yesterday, the dollar closed at R$ 4.88. It […]

Rupert Murdoch Ends 70-Year Fox Reign

«The Rio Times» 

Rupert Murdoch is stepping down from his chairman roles at Fox Corp. and News Corp., becoming Chairman Emeritus and concluding his almost 70-year career. Murdoch has shaped global media and politics. His tenure included major deals and several scandals. For instance, phone hacking issues hit his London papers in the early 2010s. Fox News also […]

U.S. Links Colombia and Ecuador to Fentanyl Trade

«The Rio Times» 

The U.S. anti-narcotics chief Todd Robinson says Colombia and Ecuador play roles in fentanyl production and trade. He made this claim at a UN event on synthetic drugs. The comment follows an agreement between the presidents of Colombia and Mexico. They decided to address drug issues through preventive measures. Washington is evaluating this new approach, […]

Neuralink Starts Recruiting for Brain-Implant Volunteers

«The Rio Times» 

Elon Musk’s Neuralink intends to recruit volunteers for groundbreaking brain-computer implant trials. The goal is to control devices with thoughts. An official statement confirms that the company has the green light for its first human test. The PRIME study aims to help paralyzed people operate gadgets using their minds. A robot will surgically place a […]

Brazil’s Goiás Funds Tech Startups for GovTech Innovations

«The Rio Times» 

The Goiás government is launching a GovTech Program to fund tech startups addressing public sector challenges. The application deadline is September 29th via the program's website. The Science, Technology, and Innovation Department (Secti) leads the initiative. The program outlines 12 challenges in Administration, Health, and Education. The main goals include speeding up admin tasks and […]

Brazil Ups Infrastructure Spending to $4.1 Billion

«The Rio Times» 

Brazil's BNDES is set to invest $4.1 billion in infrastructure this year, representing a 66% increase from 2022. The primary funding method is buying local company debt. Deputy Director Felipe Borim Villen aims to attract private investors to infrastructure bonds. This will increase the bank's financial reach. So far, BNDES has allocated as much infrastructure […]

Brazil Grapples with Third Tax Revenue Drop

«The Rio Times» 

Brazil witnessed a third monthly drop in its federal tax revenue this August. The tax service reported a 4.14% fall compared to last August, totaling 172.785 billion reais or $35 billion. Previously, revenue fell 4.20% in July and 3.37% in June. One factor is a 23.30% decline in corporate tax. Tax authorities said this sector […]

Lula and Biden Signal Fresh Start in Brazil-U.S. Relations

«The Rio Times» 

Brazil's President Lula declared a "new chapter" in U.S.-Brazil relations during a U.N. meeting. He spoke alongside U.S. President Biden. Both emphasized a balanced, mutually beneficial relationship. Lula said, "Democracy faces increasing threats today." He noted that rejecting dialogue has let extremists rise. This trend is not just in Brazil but also in Argentina. Lula […]

Brazil Holds Third in FIFA Rankings; Argentina Widens Lead

«The Rio Times» 

The latest FIFA rankings are out. Brazil stays in third place, right behind Argentina and France. Recently, Brazil played two rounds of the South American qualifiers for the 2026 World Cup. They defeated Bolivia 5-1 and beat Peru 1-0. Brazil now has 1837.61 points, narrowing the gap with France’s 1840.76. France’s ranking took a hit […]

South Korea’s Political Uproar: Lee’s Arrest and PM’s Ouster

«The Rio Times» 

In a surprising move, South Korean lawmakers voted to lift the immunity of opposition leader Lee Jae-myung. This allows legal action against him. Second, they approved a motion to fire Prime Minister Han Duck-soo. Both decisions hint at rising tension within South Korea’s political landscape. Lee faces several corruption charges. One alleges he illegally sent […]

Toshiba Pivots to Privatization and Restructuring

«The Rio Times» 

Toshiba has taken a significant step by agreeing to a buyout led by Japan Industrial Partners (JIP). This move will result in Toshiba going private, with the consortium acquiring almost 80% of its shares. CEO Taro Shimada celebrated this development: “We’re stepping toward a new future with new shareholders.” This comes after a tumultuous period […]

Brazil Likely to Skip Daylight Saving Time in 2023

«The Rio Times» 

The Energy Ministry suggests that Brazil won't have daylight saving time in 2023. A recent report from the Folha de S. Paulo newspaper supports this claim. Officials say current energy plans are robust, assuring reliable power. Brazil is entering its hottest period with ample hydroelectric reserves. These reserves help in supplying affordable, renewable energy like […]

Brazil Gains Access to New Livestock Markets in Eurasia

«The Rio Times» 

Brazil has successfully secured the rights to export live cattle to Russia and four other Eurasian countries. This significant breakthrough occurred during an official trip by Brazil's Ministry of Agriculture representatives to Moscow. While there, they met with Sergey Dankvert, the head of Russia's Federal Veterinary and Phytosanitary Service, and obtained an International Veterinary Certificate. […]

Turkey’s Central Bank Raises Rate to 30% a 2003 Record

«The Rio Times» 

Turkey’s Central Bank raised the benchmark interest rate to 30% on Thursday, marking its highest level in nearly two decades. The move aims to combat near 60% yearly inflation. The bank revealed this strategy in an official statement. Rising oil prices contributed to higher-than-expected inflation in recent months. Accordingly, the bank plans more rate hikes […]

Pakistan Sets January 2024 for Postponed Elections

«The Rio Times» 

The Electoral Commission in Pakistan has rescheduled this year’s general elections for January 2024. This change comes amid ongoing political turmoil and economic decline. Previously, the parliament dissolved on August 9, leading to the arrest of the country’s top politician, ex-Prime Minister Imran Khan. The constitution mandates elections within 90 days after the parliament dissolves. […]

Argentina’s Election: Financial Plans vs. Bold Promises

«The Rio Times» 

In one month, Argentinians will vote. Sergio Massa, current Minister of Economy, promises financial relief. Meanwhile, Javier Milei, a libertarian, pledges to end the “political elite.” Milei stunned in the primaries, bagging 30% of the votes. He beat Massa and right-wing Patricia Bullrich. He’s now softening his once-radical stance. Instead of advocating for dollarization, he […]

Big Tree-Planting Goals for Campina’s Santa Genebra Forest

«The Rio Times» 

On Tree Day, Campinas’s Santa Genebra Forest announces its ambitious plan to plant 15,700 trees by the end of the year. This news comes as the city grapples with tree loss, vandalism, and failed reforestation. Earlier this year, a falling eucalyptus tree killed a young child at Taquaral Lagoon. Since then, 779 trees have been […]





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