(Analysis) The European Union (E.U.) and Mercosur postponed their meeting to early October. The delay comes from European demands. These talks have been going on for two decades. A final treaty has been awaited since 2019. Brazil's President Lula is not happy with new European terms. Specifically, he criticizes their extra environmental requirements. Many experts […]
The Paraguayan Football Association (PFA) named Argentine Daniel Garnero as the new national coach today. His contract runs until the South American Qualifiers for the 2026 World Cup conclude. The PFA expressed good wishes for Garnero and his team in an official statement. Garnero, 54, just clinched a championship with Libertad in the 2023 Apertura […]
The Chilean government has issued an agricultural emergency for 16 municipalities in the southern region of La Araucanía. This action follows severe rainfall over the weekend. The aim is quick aid for impacted farmers. Agriculture Undersecretary Ignacia Fernández is leading the damage assessment. “The severe weather has significantly impacted these areas. So, we have enough […]
Brazil aims to increase its rail export share to 40% by 2035, a plan recently announced by Transport Minister Renan Filho, who emphasized the need for both public and private investment. "Brazil needs to focus on rail, given its vast size," Filho stated. "We're aiming to shift from today's 17% to 40% in the next […]
Argentina’s “blue dollar” reached a new September high, closing at 745 pesos. The rate rose by 10 pesos in Thursday’s trades. This confirms a recent upward trend. Compared to the official dollar for foreign trade, the blue dollar is 112.8% higher. When stacked against the public’s official rate of 367 pesos, the gap is around […]
Venezuelan President Nicolás Maduro predicts a 40% rise in domestic trade by year-end. He shared this outlook at a Productive Economy Council meeting in Caracas. “The holiday season will boost our trade by 40%, showing strong growth,” he stated. Maduro emphasized that the economy has been growing for eight straight quarters. He urged continuous review […]
Today, a crucial deal was signed on Capitol Hill in Washington, D.C. Alice Albright, CEO of the Millennium Challenge Corporation (MCC), joined Filipe Nyusi, President of Mozambique, and Ernesto Max Tonela, Finance Minister. They agreed on a five-year, $537.5 million plan. This funding will construct a 1.1-mile bridge over Mozambique's Licungo River. Also, it aims […]
The Inter-American Development Bank (IDB) and the Bank of Brazil are committing $250 million to Amazon bioeconomy projects. They announced this on Thursday. The funding aligns with IDB's wider sustainable goals for the Amazon. A press release confirmed these details. The initiative will support rural businesses and producers. It will also fund projects for reducing […]
President Nicolás Maduro of Venezuela aims to boost oil production to one million barrels per day this year. By 2024, he expects this number to climb past two million. He spoke about this goal at a meeting with public and private stakeholders. The focus was on using oil revenue to strengthen the country’s economy. From […]
Sport Italia recently claimed that Jorge Jesus might face firing from Al Hilal. ESPN contacted the coach for comments. “Al Hilal leads the league without losses. The talk is silly,” Jesus said. In the current season, Al Hilal made significant player acquisitions. They signed Neymar, Koulibaly, Malcom, Rubén Neves, and Milinkovic-Savic. The club also hired […]
Venezuela’s legislative assembly has suggested a public vote on the Essequibo area, currently under dispute with Guyana. Jorge Rodriguez, the assembly leader, announced this proposal. He said the vote would allow Venezuelans to weigh in on Essequibo’s ownership. No date has been set for the vote yet. Both nations claim this resource-rich, 160,000-square-kilometer region. The […]