María Corina Machado, with a background in industrial economics, founded the Vente Venezuela party and is a key player in Venezuelan politics. This group supports her in the upcoming pre-elections set for October 22. Machado believes in a free market, private property, and the rule of law as an alternative to socialism. She pledges to […]
Brazil is planning to set new tax rules for online purchases from foreign websites by the end of the year. Jorge Gonçalves, head of the Retail Development Institute, announced this news. He met with Finance Minister Fernando Haddad to discuss the issue. They want to end the special tax-free rule for buying from foreign websites. […]
CBD is gaining popularity in health and wellness, prompting the cosmetics industry, especially in Latin America, to take significant notice. Firstly, what is CBD? It’s a non-psychoactive ingredient from the cannabis plant. It offers potential health benefits, like reducing inflammation. This makes it a good fit for skincare products such as creams and lotions. Countries […]
A thousand police officers entered three major favelas in Rio de Janeiro, to curb escalating crime rates. The state government publicized this large operation, specifically targeting neighborhoods like Complexo da Maré and Cidade de Deus. Early in the day, police cars assembled at the favelas' entrances. Armed officers, accompanied by sniffer dogs, patrolled the nearly […]
(Opinion) Brazil stands at an energy paradox, endowed with rich renewable resources yet plagued by exorbitant electricity costs. Understanding this contradiction requires a closer look at several key factors. First up is the taxation system. In Brazil, taxes and subsidies account for nearly 40% of the electricity bill. Every year, the government introduces new levies, […]
Brazil leads in a ranking that compares the impact of electricity costs on household income across 34 countries, including those in the Organization for Economic Co-operation and Development (OECD). On average, Brazilians spend 4.54% of their annual income on electricity. This rate far exceeds that of European nations like Spain, Germany, and Luxembourg, where the […]
Poland, Brazil, and Argentina have set plans in motion to evacuate their citizens from Israel following recent violent conflicts. Polish President Andrzej Duda stated military aircraft would be used for the evacuation. Specifically, two Hercules C-130 planes will evacuate about 200 Polish nationals from Ben Gurion Airport. Additionally, Polish Defense Minister Mariusz Blaszczak is considering […]
President Dina Boluarte pledged to strengthen Peru's naval sector during a dual anniversary event in Callao. The Ministry of Economy sanctions $153 million for this purpose. This money will build various vessels at SIMA's shipyards. Additionally, the plan aims to stimulate small businesses. Boluarte says it will also form industrial hubs. These hubs will encourage […]
Financial experts revised the dollar's 2023 value from 4.95 to 5 Brazilian Reais. This update appeared in the Focus Bulletin, a Central Bank release on Monday. Additionally, the same bulletin slightly altered the 2024 inflation forecast from 3.87% to 3.88%. For this year, the inflation outlook remains at 4.86%. On the interest rate front, analysts […]
In Argentina’s second presidential debate last Sunday, Patricia Bullrich notably targeted Economy Minister Sergio Massa. Her performance gave her campaign new life just two weeks before the first-round vote on October 22. The debate covered key topics. These included jobs, safety, and the environment. Still, candidates also spoke about the economy and the current President […]
The Wall Street Journal, a U.S. media outlet of reference, claims Iran supported a recent Hamas-led attack on Israel. The meeting for the attack took place in Beirut on October 2. The violent event occurred on October 7, causing over 1,100 deaths. Secretary of State Antony Blinken finds no clear proof of Iran’s involvement. Yet, […]
Claudia Goldin earned the 2023 Nobel Prize in Economics for her in-depth research on women and jobs. She collected data on women’s work in the U.S. for over two centuries. This research sheds light on the shifts in roles and earnings for women. Jakob Svensson, the committee chair, praises Goldin’s work. He believes it’s crucial […]
In 2023, Peru eradicated over 16,000 hectares of illegal coca crops, preventing the production of 153 metric tons of cocaine. The Ministry of Interior led this work. They had support from the Coca Crop Control Project in Alto Huallaga (Corah) and the Anti-Drug Police. Teams worked in multiple regions, like Ucayali, Pasco, and Huánuco. They […]
Botafogo secured a 2-0 victory against Fluminense, increasing their lead in the Brazilian Championship. Junior Santos found the net in the 19th minute, followed by Tiquinho Soares in the 21st minute. This marked the first game for Botafogo under interim coach Lucio Flavio, who replaced Bruno Lage. As a result of this win, Botafogo now […]
Germany’s center-left coalition suffered defeats in recent regional elections in two pivotal conservative regions. Exit polls show conservative parties won. The right-wing Alternative for Germany (AfD) ranked second. In Bavaria, the second largest economy in the country, the coalition’s Free Democratic Party (FDP) didn’t reach the needed 5% to stay in Parliament. Here, the Christian […]
Amid rising tensions with Iran, Israel's Defense Forces (IDF) are integrating artificial intelligence to aid in planning airstrikes and managing logistics. Officials say an AI recommendation system sifts through large data sets. It helps identify possible targets for airstrikes. Another AI tool, called Fire Factory, assists further. However, humans still oversee these systems. They approve […]
In the 2024 U.S. presidential race, Republican candidates criticize President Joe Biden for his perceived weakness on the Israel-Hamas conflict and Iran. Ronna McDaniel, who leads the Republican National Committee, spoke up. She said this crisis spotlights the difference between Republicans and Biden. Next year, voters will choose a president and Congress members. Donald Trump, […]
A devastating attack occurred at a music festival near Re-im in southern Israel. Over 260 people died. Zaka, a rescue group, reported these numbers. They also said the total dead and injured are in the thousands. DJ Juarez Petrillo organized the event. He is also the father of DJ Alok. Petrillo spoke out on social […]