Peru’s government enacted a law against the illicit cellphone trade, imposing prison sentences of 12 to 30 years for culprits caught stealing mobile devices. The law doesn’t just target cellphone theft; it also extends to theft involving other electronic gadgets like computers. The penalties will be even more severe if the crime involves explosives or […]
In February 2021, Uruguay’s President Luis Lacalle Pou and Paraguay’s then-President Mario Abdo Benitez talked about sea access. They discussed how their countries could help each other. Landlocked Paraguay needs a route to the sea for its exports. Uruguay has available coastlines for this purpose. Fast forward to August, President Lacalle Pou had good news. […]
Guinea-Bissau's capital has no power because of unpaid bills to Karpower, the only electricity supplier. The state utility, EAGB, confirmed this outage started at 12:30 a.m. Karpower, a Turkish company, is asking for about $17 million. EAGB's Director stated they were making a big payment, but Karpower didn't wait for it. He also said the […]
Today in Barbados, Venezuela’s government and opposition will announce an election agreement, writes G1 in its latest report. Norway will help mediate the meeting. Brazil played a key role, with former Minister Celso Amorim attending. According to Brazilian officials, next year’s Venezuelan election will have international monitors and free press, writes G1 Every candidate can […]
A recent IMF report predicts that Brazil could become the ninth-largest global economy by 2023 and the second-largest in the Americas. Earlier, they had ranked it at tenth. The new report shows Brazil's GDP could reach $2.126 trillion. This would be higher than both Canada and Russia. According to the new data, Brazil is showing […]
A special committee in Brazil's National Congress concluded its investigation, recommending legal charges against former President Jair Bolsonaro. The committee focused on a specific event. On January 8, a crowd of Bolsonaro supporters forcefully entered government buildings in Brasilia. They aimed to obtain the source code of the electronic ballot boxes to see if there […]
In Formosa's Army Training Field, Mac Jee carried out comprehensive tests on four different aerial munitions. These bombs were crafted at their advanced facility located in Vale do Paraíba. Among the tested munitions were two variations of the MK-82 bombs, each weighing 500 pounds. Additionally, they tested the BLU-109 and a substantially heavier MK-84 weighing […]
South Korea is grappling with big challenges like an aging society, low numbers of new births, and a lack of workers in many sectors. To address these concerns, the government has decided to lean more on foreign labor. This approach involves increasing the number of visas for foreign workers and expanding the kinds of jobs […]
Argentina leads in South America’s 2026 World Cup qualifiers, while Brazil is struggling. Venezuela, Chile, Ecuador, and Uruguay show promise. Colombia’s plans are falling apart. Paraguay and Bolivia face urgent challenges. First, let’s talk about Venezuela and Chile. Both teams aim for more points in their next match. Venezuela recently drew 1-1 with Brazil. They […]
Argentina has recently edged past Brazil as China’s top choice for investments in Latin America, gathering $1.34 billion compared to Brazil’s $1.3 billion. While visiting China, Argentina’s Economic Minister Sergio Massa playfully celebrated the milestone by suggesting a name change for his country to ‘Argenchina.’ This growth suggests a deeper partnership between Argentina and China. […]
Following recent rule changes at Binance.US, customers can no longer withdraw U.S. dollars and have also lost Federal Deposit Insurance Corporation FDIC protection. Customers wanting to take out money need to convert it to a stablecoin or other cryptocurrency first. Previously, the company had already stopped taking dollar deposits. The FDIC agency used to safeguard […]
In its 9th edition, the Retail Economic Activity Index indicates a 1.6% year-over-year increase in retail sales. Conducted by fintech firm Stone and the Propague Institute, the study aims to boost market confidence for the upcoming months. The data comes from transactions made with cards, vouchers, and Pix. This method offers a comprehensive monthly snapshot […]
The UN Committee has advised Brazil to decriminalize abortion and reject a new indigenous land law. This advice came after an evaluation in Geneva. There, 18 UN experts questioned a Brazilian team about poverty and human rights. The recommendations aim to guide Brazil in solving social issues. They touch on other topics, too, like climate […]
In the annals of romantic history, the notion of online dating was nothing short of a revolution that rattled the very foundations of conventional norms, veiled in a shroud of societal censure. The passage of time, however, ushered in a tectonic transformation, opening the doors to a modern dating epoch, brimming with idiosyncratic allure and […]
Sports are very popular in many cultures worldwide and cut across people of all age groups. They are very emotional and can stir great passion. Beyond this euphoria that it brings, the impact of the sports industry is monumental. The sports industry has an estimated global market revenue of over 750 billion dollars annually. Here’s […]
A recent Novo Outdoor Socials (NÓS) study shows that women run 60% of favela businesses in Brazil. Conducted last August, the survey also highlights that most business owners are young and identify as Black. The findings point to the big role of entrepreneurship in transforming these communities. Most favela businesses are new. Half of them […]
From August to September, the growth in Brazil's residential rent prices slowed from 1.33% to just 0.96%. The Economic Research Institute Foundation (Fipe) conducted this study. It looked at 25 cities on the Zap Properties website. For this year, rents have gone up by 13.26% in total. Over the last 12 months, they've risen by […]
On Monday, the U.S. dollar dipped to R$ 5.04, a 1.01% decline, marking its lowest rate for the month. Initially, the dollar remained stable. However, it took a dive as U.S. markets opened. For the year, the dollar has declined by 4.6%. Meanwhile, Brazil's Ibovespa stock index climbed by 0.67%. It . . . To […]
(Opinion) In 2022, Brazil fell significantly short in using its natural gas processing capacity. Despite having the capability to process 101.8 million cubic meters of gas per day, the country managed only 53.6 million. Shockingly, this means just 53% of the total capacity was used. Gas, like oil, needs refining. It gets turned into usable […]
Rear Admiral Daniel Hagari of Israel said on Tuesday that the future of Gaza should be a global concern. Israel is planning to invade Gaza, a territory controlled by Hamas. This move comes in response to an attack by Hamas on October 7. Hagari said Israel has thought about different ways to handle Gaza after […]
Today, the UN Security Council in New York will vote on a peace resolution proposed by Brazil. Last week, the council rejected a Russian resolution. It had five votes in favor and four against. The U.S., UK, and France vetoed it. Brazil abstained from voting. For a UN resolution to pass, it needs certain conditions […]
In the first half of 2023, Argentine state-owned companies reported a loss of $2.4 billion, prompting the government to transfer over 1 trillion Argentine pesos to support them. This amount is a 147% increase from last year’s first half, according to La Nación. Argentina is grappling with high inflation. The country leads the G20 with […]
Brazil's Petrobras set a new record for oil and gas production in the third quarter of this year. The company produced 3.98 million barrel equivalents, showing a 7.8% increase from the last quarter. Because of this, Petrobras plans to update its yearly production goals. They will announce these new numbers on November 9 and their […]
Peru’s mining exports increased by 7.5% to $24.484 billion from January to July, as confirmed by the Ministry of Energy and Mines (Minem). Copper led the way, making up 35.1% of exports and bringing in $1.934 billion. The value of copper exports also rose. It increased by 16% to $13.133 billion. China remained the top […]
Lake Titicaca, located on the Bolivia-Peru border, faces an environmental crisis with its water level reaching an all-time low. Senamhi, the weather agency, blames this on a severe drought in the highlands. This lake is the world’s highest navigable body of water. Recently, its water levels have dropped sharply. This raises concerns for nearby communities […]