Next year, Angola will see its debt service costs double to $14.7 billion from $7.27 billion this year. This information comes from a government document detailing debt payments up to 2033. Interestingly, the record shows debt costs reaching their peak in 2024. The Finance Minister Vera Daves addressed this in a recent interview. She mentioned […]
Ana Teresa Martínez led a Cuban delegation to Mozambique, where she met with key officials. Their meeting focused on strategies to enhance economic investment and industry in both nations. They discussed the Cuban governance model as a beneficial framework for economic development. Specifically, they considered the specialized government approach as highly effective. This approach compartmentalizes […]
Cabo Verde is the leading Portuguese-speaking nation in an African finance index backed by the United Nations Economic Commission for Africa. Today, the country's stock exchange shared this news. Cabo Verde scored 45 out of 100 and ranked 16th overall. South Africa took the top spot with 88 points. This ranking is a joint effort […]
The World Health Organization (WHO) is raising alarm bells and say Gaza has less than 24 hours of water, electricity, and fuel. Ahmed al-Mandhari, a WHO official, makes it clear in an interview with the AFP agency. Without quick aid, doctors will prepare death certificates for patients. Right now, supply convoys can’t move. They’re stuck […]
Resending emails will only be annoying if the recipient does not see the value of the email. An email may be sent to communicate, remind, confirm, or market, among other reasons. Since emails form a part of official communication, emails should be sent only when necessary. Unnecessary emails will result in fatigue, such that the […]
Colombia’s Foreign Minister Álvaro Leyva has asked Israeli Ambassador Gali Dagan to leave the country. This comes after President Gustavo Petro criticized Israel’s actions in Gaza. On social media, Leyva openly supported Petro. He said the president aims for a long-term peace between Israel and Palestine. Leyva stressed that Petro’s viewpoint deserves respect, not dismissal. […]
The Peruvian government has banned using Bitcoin and other cryptocurrencies in gambling. This new law starts in February 2024. It stops companies from using digital assets like Bitcoin in betting activities. This change comes through Law No. 31557, effective since October 13. Companies can't make crypto transactions in gambling and betting anymore. Violators will face […]
Brazil, home to the world's largest cattle population of around 240 million, is setting new records in meat and grain production this year. In the 2023/24 season, Brazil aims to produce 30.8 million tons of meat. This includes poultry, pork, and beef. High corn production is a key factor in this achievement. Brazil also maintains […]
Wheat prices are at a three-year low, largely because of Russia's big harvest this year. This increased supply from Russia has lowered food costs worldwide. However, it also raises questions about relying too much on one country for food. Prices have fallen 60% from their highest point earlier this year. The drop happened after tensions […]
China’s Belt and Road Initiative (BRI) has been a game-changer in Africa for over a decade. It has poured funds into essential infrastructure like ports and railways. Albert Muchanga, an official at the African Union, applauds this initiative. He says it aligns perfectly with Africa’s development goals in sectors like agriculture and industry. Simultaneously, Western […]
The 2022 National Socioeconomic Characterization Survey (Casen) reveals 1.73 million immigrants live in Chile. They make up 8.7% of the total population. Compared to last year, these numbers show a significant rise. This increase reverses the stagnant trend observed in 2020 due to COVID-19 restrictions.In terms of growth, the number of immigrants increased by 400,000 […]
Two global companies are bidding to construct a bridge over the Corentyne River, which separates Guyana and Suriname. Both nations, one English-speaking and the other Dutch-speaking, are part of the emerging oil hotspot in South America. Ballast Nedham from the Netherlands and China Road and Bridge are the contenders. In 2020, both countries signed a […]
Rising tension between President Luis Arce and former President Evo Morales is causing internal strife within Bolivia’s ruling Movement for Socialism (MAS) party. Morales accuses Arce of betrayal for talking to opposition leader Carlos Mesa. Analysts like José Carlos Sánchez warn that the party might break up due to this rift. Meanwhile, critics outside MAS […]
Paraguay plans to issue green bonds to diversify its financing, as recently highlighted by Finance Minister Carlos Fernández Valdovinos. The country is in talks with the Inter-American Development Bank (IDB). This collaboration could lead to Paraguay’s first green bonds on the international market next year. The global demand for eco-friendly investments is rising. So, this […]
Over the last nine months, Argentina saw an influx of 5.3 million foreign tourists, according to the Ministry of Tourism. These visitors spent around $3.71 billion. September alone welcomed 580,000 international guests, contributing $345 million to the economy. In terms of numbers, 2023 is shaping up to be a strong year. Government projections suggest more […]
Uruguay aims to establish its own space agency, with the draft bill currently under review by the House’s Defense Committee. Critics and supporters are vocal about the plan. The agency would have a five-member board. The President and the Executive Power would choose these members. An advisory council would also exist. This council would have […]
Brazil's Senate Foreign Relations Committee in Brazil is gearing up for an important meeting. Scheduled for this Wednesday at 1 p.m., the discussion will focus on the ongoing Israel-Hamas conflict. Foreign Minister Mauro Vieira will offer his insights, answering questions from Committee President Renan Calheiros and other senators. Currently, Brazil holds the rotating presidency of […]
(Opinion) Years ago, Neymar was Brazil’s football beacon of hope, but as times and coaches changed, he remained a central topic of discussion. When Brazil bid adieu to the World Cup in Qatar, the air was thick with uncertainty about Neymar’s intentions. Without a clear stance from him, the team navigated its path, moving forward […]
Venezuela’s state-owned oil company, PDVSA, announced a partnership with Russia’s RosGeo during a meeting in Moscow. This deal aims to foster collaboration on multiple fronts. It includes sharing technical expertise, specialized training, and exploring oil and gas fields. Furthermore, PDVSA has signed another accord with Vsegei, a Russian Geological Institute. This move underscores Venezuela’s commitment […]
Natural disasters are increasing and causing more people to file insurance claims. Hard-hit areas include Rio Grande do Sul and Santa Catarina. These regions have seen significant damage due to extreme weather. Insurance companies are now revising how they assess risks and set premiums. Pedro Ivo Mello, a legal expert, says that companies are making […]
Senators in Brazil have openly endorsed a proposal to limit the variety of cases that reach the Supreme Court STF. Congress President Rodrigo Pacheco is the architect of this idea. He aims to restrict the court's involvement to only crucial constitutional decisions. This initiative is part of a larger trend. Other proposals are already in […]
Embraer, the Brazilian aerospace giant, recently announced the successful completion of tests using 100% sustainable aviation fuel (SAF). These tests in Melbourne, Florida, involved two aircraft models: the Phenom 300E and the Praetor 600. The company focused on engine performance when using this new fuel type in the tests. The results offered valuable insights. Specifically, […]
The ongoing conflict between Israel and Hamas has triggered international reactions. Le Grand Continent, a French news outlet, has reported that 62 countries support Israel. (see list below) The bulk of this support comes from European nations. However, the United States is going above and beyond in their backing. President Joe Biden has committed to […]
Amid the Gaza conflict, Iran's 610,000 active soldiers outnumber Israel's 196,000, tripling their count. However, including reserves, Israel could muster 661,000 troops, nearly matching Iran's potential 960,000. These numbers come from the International Institute for Strategic Studies (IISS). Hamas, the Palestinian group, also has a role. Estimates suggest Hamas has around 20,000 soldiers. Yet, exact […]
On Monday, Egypt’s Foreign Minister, Sameh Shoukry, announced that Israel has not yet agreed to open its border with Gaza. Initially, there was a high hope for creating a humanitarian corridor. This would have allowed civilians in Gaza to evacuate through the Egyptian border. Despite this expectation, Israel confirmed that a ceasefire isn’t on the […]