At a Senate committee meeting, Rodolfo Saboia, ANP's director-general, stated that Brazil can fulfill its natural gas requirements. However, poor infrastructure blocks the gas from reaching consumers. The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) regulates Brazil's oil sector. It operates under the Ministry of Mines and Energy. Another issue is the […]
TAP Air Portugal has once again been named the top European airline for routes to South America and Africa at the 30th World Travel Awards (WTA). Winners emerge from online voting that includes experts and the public. These awards celebrate high achievers in diverse travel sectors. The latest win adds to the airline's impressive list […]
BBVA Research forecasts a slow, steady recovery for Colombia’s economy, with growth of 1.2% in 2023 and 1.5% in 2024. Meanwhile, it expects inflation to keep dropping. The report indicates that internal demand will decrease to 1.7% this year. However, it will climb to 1.8% next year. Additionally, private spending should recover from 0.5% in […]
El Salvador’s President Nayib Bukele is officially seeking a second term and currently leads in the polls. The electoral court chief Dora Martinez announced the campaign’s onset on social media. “The four-month race for president and vice president has begun,” she stated. The ruling party, Nuevas Ideas, also voiced support online. “We’re fully committed to […]
India has ordered Canada to withdraw 41 diplomats from its New Delhi embassy by October 10 or they’ll lose their immunity. The decision aims for diplomatic equality. More Canadians serve in India than Indians in Canada. Additionally, the call coincides with the death of Hardeep Singh Nijjar, a Sikh leader, in Canada. Killed in Surrey […]
Angola's Q2 2023 GDP grew by 0.2%, reflecting a meager 0.01% year-over-year increase, indicative of the oil production slump. Oil and gas lead the economic sectors, holding a 28.2% share. Next, trade accounts for 19.8%, followed by agriculture at 13%. Other services contribute 12.4%. The National Statistics Institute reported a 2.9% drop in oil and […]
Due to Mozambique's central bank's actions, bank reserves have soared by 277%, now totaling €3,491 million ($3,735.37 million). Initially, the bank set reserves at 10.5% for local currency and 11% for foreign deposits. At that time, total deposits were 62,616 million meticais (€925 million / $990.25 million). The central bank adjusted these ratios twice in […]
Following recent data indicating heightened recession risks, the Chilean government now forecasts zero GDP growth for 2023. Initially, officials forecasted a 0.2% growth. Still, they maintain a 2.5% growth outlook for 2024. A Public Finance Report confirmed these details on Tuesday. Public debt will rise. It’s expected to go from 38.1% of GDP in 2023 […]
The much-anticipated Rio Innovation Week at Pier Mauá in Rio de Janeiro kicks off this week. Running from Tuesday to Friday, the event promises a plethora of activities. Around 2,000 speakers will share their insights. Over 350 companies and research groups are set to participate. Organizers expect a crowd exceeding 130,000. The speaker list is […]
Rio’s Botafogo FC’s leader, Robert Burity, recently spoke candidly about the team’s performance and direction. Although the season hasn’t been favorable, Burity threw his support behind head coach Felipe Surian. He did call out Surian for upsetting fans in a game against Volta Redonda but confirmed the coach’s ongoing role. The president acknowledged setbacks but […]
Brazil's industrial sector saw a 0.4% growth in August compared to July. The Brazilian Institute of Geography and Statistics (IBGE) released these numbers on October 3. Year over year, the industry also grew by 0.5%. However, it registered a 0.3% decline year-to-date and a 0.1% dip over the past 12 months. According to the IBGE, […]
Brazil’s President Luís Inácio Lula da Silva recently met EU leaders Ursula von der Leyen and Charles Michel in India. They discussed the EU-Mercosur trade deal, which includes Brazil, Argentina, Uruguay, and Paraguay. Agreed in 2019 but not yet ratified, the deal is now under scrutiny due to new EU environmental rules. Lula’s strong objection […]
As Bangladesh’s January 2024 elections near, the U.S.-Bangladesh relationship is increasingly tense. The U.S. State Department recently implemented a visa policy aimed at those believed to be harming democratic elections in Bangladesh. This move covers government officials, opposition members, law enforcement, and judiciary staff. State Department spokesperson Matthew Miller states that the policy’s primary goal […]
Argentina's Navy is eyeing Brazil's "Tupi" class submarine, given the country's absence of functional submarines for six years. During the recent "Fraterno" drill, Argentine personnel trained on Brazil's "Tikuna" sub. Both nations' naval units, including frigates and destroyers, joined the exercise. The "Tupi" is an advanced Type 209/1200 version. Argentina uses a similar model, ARA […]
The UN Security Council gave the green light for a one-year international force in Haiti on Monday. This move aims to tackle rising gang violence and boost internal stability. Haitian Prime Minister Ariel Henry and the U.S., Canada, and the Dominican Republic had pushed for this action. UN Secretary-General António Guterres also advocated for it. […]
(Opinion) In 2023, Brazil’s job market experienced both highs and lows, generating 1.38 million formal jobs in the initial eight months. But let’s not rush to celebrate. This number is down from 1.61 million in the same period in 2022. Moreover, the Lula administration aimed to generate 2 million jobs in 2023, but we are […]
In the first eight months of 2023, Brazil generated 1.38 million formal jobs, according to data from the government agency, Caged. In August, the average entry salary was R$ 2,037.90. This figure is slightly up from July, which was R$ 2,036.63 ($407). Men generally earned more than women. Specifically, starting salaries were R$ 2,116.47 for […]
Argentina signaled it will protest if UK Foreign Minister James Cleverly visits the Falkland Islands. The country has long claimed the islands, tracing back to Spanish rule. Guillermo Carmona, Argentina’s South Atlantic Secretary, called the possible visit a provocation. He took to social media to voice his concern, stating it defies global laws. Cleverly hinted […]
Niger’s Defense Ministry announced on Monday that a devastating attack left 29 soldiers dead. The assault happened in western Niger. It’s the deadliest incident since the military took over in July, citing poor security. A national TV statement said the security unit faced a coordinated assault in Tabatol’s northwest area. Over a hundred assailants used […]
Brazil's Supreme Court has handed down sentences for three men linked to the January unrest in Brasilia. Moacir José dos Santos, 52, got 17 years for invading the presidential palace. This incident occurred on January 8 and involved former President Jair Bolsonaro's supporters. They also stormed the Congress and Supreme Court
Candidates Luisa González and Daniel Noboa recently debated security issues ahead of Ecuador’s October 15 runoff. Both wore bulletproof vests, highlighting security concerns. This focus comes after the killing of candidate Fernando Villavicencio in August. González, who aligns with ex-president Rafael Correa, vows to tackle gangs causing fear. “I’ll militarize prisons, customs, and ports,” she […]
Public transport workers in São Paulo decided on Monday night to go on strike on Tuesday. This action opposes the government's privatization plans. Both city and state officials responded quickly. They declared Tuesday an optional workday and increased bus services. Specific metro lines affected include the Blue, Green, and Red. The metro trains on the […]
In a recent interview, Luis Rolando Redondo Guifarro, President of Honduras’ National Congress, voiced public support for closer relations with Russia and China. President Xiomara Castro spearheads this foreign policy. She won the election with a record number of votes. Redondo Guifarro stressed that this diplomatic path aims to lift Honduras out of poverty. He […]
As the general election on October 22 approaches, Argentina’s top presidential hopefuls took to the stage. The televised clash adhered to laws in place since 2016. Despite earlier speculations about flamboyant candidate Javier Milei’s performance, it unfolded without surprises. The debate in Santiago del Estero attracted widespread attention, dominating social media discussions. Five candidates are […]
Countries like Argentina and Brazil are stepping up controls due to rising fentanyl seizures. According to the U.S. Centers for Disease Control (CDC), fentanyl caused nearly 70,000 overdose deaths in the U.S. in 2021. In response, Argentina tightened customs procedures. Similarly, Brazil imposed new restrictions on businesses dealing with the substance. Diego Olivera, a drug […]