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«The Rio Times»
Октябрь
2023

Новости за 10.10.2023

Latin America’s Growth Surge: Spotlight on Brazil and Mexico

«The Rio Times» 

The IMF has upgraded its 2023 growth prediction for Latin America's economy from 1.9% in July to 2.3% with focus on Brazil and Mexico. For 2024, the forecast remains the same at 2.3%. This positive shift mainly comes from Brazil and Mexico, the region's largest economies. For Brazil, the IMF now forecasts a 3.1% growth […]

Predator Spyware Allegations Rattle Angola

«The Rio Times» 

The Angolan government has not responded to claims of using software to watch its citizens through mobile phones. A Portuguese newspaper called Expresso first reported this story. This adds to earlier stories about fake social media accounts promoting propaganda. From March to August 2023, several emails tricked Angolans into clicking on harmful web pages. This […]

Bahia Town Leads Brazil in Guaraná Farming

«The Rio Times» 

In 2022, Ituberá in Bahia, Brazil, led the country by producing 407 tons of guaraná. This amount makes it the biggest municipal producer in Brazil. Ituberá accounted for 16.5% of Brazil's total guaraná output last year. Put, out of every 100 tons of guaraná produced in Brazil, Ituberá contributed about 17 tons. Bahia, the state […]

TotalEnergies Faces Lawsuit Over Mozambique Attack

«The Rio Times» 

Victims and their families are suing TotalEnergies for last year's terror attack in Palma, Mozambique. Some company employees are among over 1,000 dead or missing. On Monday, seven survivors and relatives revealed their legal action. They accuse the French oil company of failing to keep subcontractors safe during the 2021 attack. Independent journalist Alexander Perry […]

Colombia vs. Uruguay Soccer Match Details

«The Rio Times» 

Soccer fans, gear up! The CONMEBOL World Cup Qualifiers are resuming, featuring ten top South American teams. Colombia, still unbeaten, has high ambitions. They will host Uruguay before traveling to face Ecuador. Their aim is clear: to remain in the top three spots on the leaderboard. While dealing with some injured players, the 26-man squad […]

Kenyan Court Blocks Police Mission to Haiti

«The Rio Times» 

A top Kenyan court halted the government’s plan to deploy police to Haiti, citing the move as a matter of national interest. Ekuru Aukot, a former presidential candidate, filed the petition. He argues the move is unconstitutional. Aukot also says Kenya can’t send 1,000 officers abroad without first addressing its own security problems. Last week, […]

Mubadala Eyes Billion-Dollar Yearly Investments in Brazil

«The Rio Times» 

Mubadala Capital, based in Abu Dhabi, is optimistic about Brazil's future and plans to invest over $1 billion in the country each year. Oscar Fahlgren, the CEO in Brazil, shared these plans in a recent video call with Bloomberg Linea. So far, the company has invested $5 billion in Brazil. Fahlgren praised Brazil's growing GDP […]

Emerging Markets Hit Hard by Middle East Unrest

«The Rio Times» 

Due to escalating tensions in the Middle East, anxious investors are increasingly turning to the U.S. dollar as a safe-haven. An unexpected attack on Israel had immediate repercussions. Stock prices in the Middle East plunged, while currencies in Mexico and Eastern Europe also suffered. Additionally, the price of oil surged by over 3%. Even before […]



Argentina Merges Three Dollar Rates, Sets at 731 Pesos

«The Rio Times» 

Argentina’s Federal Public Revenue Administration (AFIP) has consolidated three U.S. dollar rates into a single rate set at 731 pesos. For spending overseas with cards, a 25% tax will apply. Now, there’s no monthly spending limit per person. Before, two rates existed based on your monthly spending. The government aims to make tax collection fairer […]

Blackouts in Ecuador Highlight Need for Energy Diversification

«The Rio Times» 

Several areas in Ecuador experienced blackouts, primarily in the first week of October. The government cites a drop in energy imports from Colombia as the cause. Normally, Colombia provides Ecuador with a steady flow of 400 megawatts of power. Energy analyst Jorge Hidalgo is concerned. He says Ecuador has seen no significant blackouts for 10 […]

Brazil Seeks Global Leadership Through Asian Ties

«The Rio Times» 

This week, top Brazilian politicians, including Foreign Minister Mauro Vieira, are meeting leaders in Asia. The goal is to create trade deals and strengthen diplomacy. Experts note that this could increase Brazil's global influence, especially in the Global South. Yesterday, Vieira attended the first-ever Brazil-ASEAN meeting in Indonesia. The ASEAN group consists of ten nations […]

Brazil Responds to Citizen’s Death in Israel-Hamas Conflict

«The Rio Times» 

Brazil's government has strongly criticized all violence against civilians in the recent Israel-Hamas conflict. This condemnation came after a Brazilian citizen, Ranani Nidejelski Glazer, died in the violence. The Foreign Ministry issued a statement, standing with Glazer's family and reaffirming Brazil's opposition to violent acts, especially against civilians. In response, Brazil initiated a repatriation mission […]

Rising Executions and Torture in Iran Spark Global Concern

«The Rio Times» 

Iran has intensified its use of public executions and finger amputations, with approximately 250 people subjected to execution annually. Many of these occur publicly, causing slow and painful deaths. Human rights groups also report an uptick in the use of finger amputation devices. These devices cut off fingers, often in public view. Iran ranks second […]

Brazil Awaits Solar Eclipse on Saturday

«The Rio Times» 

This Saturday, skywatchers in Brazil can witness an annular solar eclipse, where the Moon positions itself between the Earth and the Sun. Specifically, the “ring of fire” effect will appear, which is a hallmark of annular eclipses. The last time this happened in Brazil was nearly 29 years ago. People in Northern and Northeastern Brazil […]

Brazil Opens Doors to 120 LGBTQIA+ Refugees

«The Rio Times» 

Uganda recently enacted a severe law against LGBTQIA+ individuals, imposing life imprisonment or death for same-sex marriage and specific homosexual acts. A local group reports that five people have faced these extreme sentences since May. This law also increased violence against the LGBTQIA+ community, leading to evictions. By the close of 2022, 68 countries had […]

Ronaldo’s Bravado Shapes Iconic Brazil-Venezuela Clash

«The Rio Times» 

Brazil and Venezuela are set to face off in a World Cup qualifier this Thursday, a match typically preceded by team briefings from the coaches. In this context, a past encounter between these teams brings up a humorous Ronaldo moment. This happened during the last round of 2006 World Cup qualifiers. Brazil had already made […]

Mexico Invests $6 Million in Next-Gen Armored Vehicle

«The Rio Times» 

Mexico's Defense Secretariat says the DN-XIII armored vehicle will be ready by February 2025. Approved last November, the vehicle has a 15-month development plan. It comes equipped with video cameras, GPS, and 0.50-caliber ballistic shields. Also, it features a rotating turret and all-terrain tires. For development, the Defense Secretariat has set aside $6 million. This […]

Opinion: The Calculated Neutrality of Brazil in the Israel-Hamas Crisis

«The Rio Times» 

(Opinion) Brazil’s diplomatic neutral ground in the Israel-Hamas issue isn’t just a historical legacy but a calculated strategy serving multiple ends. Let’s first address the economic aspect. The country’s trade with Israel is minuscule, accounting for a mere 0.37% of its total foreign trade. On the surface, this minimal involvement protects Brazil from immediate economic […]

Tite Becomes Flamengo’s New Coach

«The Rio Times» 

It’s official, Tite, who led Brazil’s national team in the last two World Cups, is now Flamengo’s new head coach. His contract with Flamengo will last until December 2024. Alongside Tite, assistant coaches like Matheus Bachi are coming in. They all worked with him in the national team. Financial talks slowed down the hiring, but […]

Dollar Drops and São Paulo Stocks Climb Amid Israel Events

«The Rio Times» 

On Monday, while the U.S. dollar dropped 0.62% to R$ 5.13, São Paulo's Ibovespa index climbed 0.86% to 115,156 points. Market caution persists due to Israel-Hamas tensions. In the early hours, the dollar reached a peak of R$ 5.18. On the other side, Ibovespa touched a low of 113,448 points, marking a 0.63% drop. Then, […]

Court Reviews Bolsonaro’s Past Election Conduct

«The Rio Times» 

Today, Brazil's Electoral Court (TSE) looks into three cases against former President Jair Bolsonaro. All these cases focus on claims of abusing political power during the 2022 elections. Justice Benedito Gonçalves suggests that the court should examine these events together. They all deal with similar legal questions. The cases question the use of public facilities […]

Israel Takes Back Gaza Border Control

«The Rio Times» 

Israel’s Defense Department said it regained control of its border cities with Gaza this Tuesday. They recorded no invasions on Monday. On Saturday, the day the conflict started, Hamas fighters broke through the Israel-Gaza barrier. Richard Hecht, a military spokesperson, told reporters they are installing landmines there. Hecht also said Israeli forces have killed about […]

Brazil Launches Tel Aviv Repatriation via Rome

«The Rio Times» 

Brazil's government sent a plane to Rome, Italy, as part of its plan to bring Brazilians home from Israel and Palestine. The plane, an Airbus A330-200, landed in Rome after flying for nine hours from Natal, Brazil. Next, the Brazilian Air Force FAB plans to fly this plane to Tel Aviv on Tuesday. The first […]

Brazil’s Economic Prep for Global Shifts

«The Rio Times» 

Brazil's Finance Minister, Fernando Haddad, advises the country to prepare its economy for global uncertainties. He points to changing U.S. interest rates and rising oil prices as concerns. During a press briefing, he says a strong domestic agenda can help Brazil navigate these challenges. He identifies tax reform, better revenue collection, and more infrastructure investment […]

Peru Expands Anti-Crime Emergency to More Lima Districts

«The Rio Times» 

The Peruvian government is extending its anti-crime emergency measures to two more Lima districts. These are Cercado de Lima and Lince. Alberto Otárola, the Council of Ministers President, made the announcement. The extension will last for 60 days starting October 11. Its goal is to protect people and businesses from crimes like human trafficking and […]





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