From January to September 2023, Brazil's leftwing government reported a $22 billion deficit. This is a stark contrast to the $9 billion surplus during the same period in 2022 under Bolsonaro. The National Treasury highlighted these figures, pointing to a concerning fiscal shift. Finance Minister Fernando Haddad had initially set a $24 billion deficit limit […]
Angola plans to invest $17.2 billion to increase its electricity access to 50% by 2027. Energy Minister João Baptista Borges made this announcement at a recent energy event. Borges said Africa still has low access to electricity. Despite this, Angola's electricity production has grown quickly. It went from 2,356 megawatts in 2015 to around 6,320 […]
Today, former Portuguese Foreign Minister Antonio Cruz said that the Community of Portuguese Language Countries (CPLP) could provide up to 20% of world oil and gas by 2035. He spoke in Lisbon at a conference about the CPLP's broader roles. He stressed that this organization is not just about political summits. In fact, various government […]
Today, protests over local election results in Mozambique resulted in 10 injuries and 70 arrests, according to police. In Nampula, a northern city, nine civilians and one officer got hurt but are now safe. Out of the 70 arrested, most were in Nampula. Others were in Nacala Porto, another northern city. Additionally, four were in […]
Venezuela's regulatory body, Sunaval, has cleared the way for brokerages to trade cryptocurrencies. Specifically, Sunaval issued Circular No. 000014. This circular allows exchanges to offer investment products not classified as traditional securities. These can be physical or intangible items of value like foreign currencies and cryptocurrencies. Moreover, Sunaval has greenlit a new trading segment. Named […]
Brazil's population is aging rapidly, with 10.9% aged 65 or older in 2022, a rise from 7.4% in 2010, leading to economic worries. Demographer Izabel Marri says Brazil is aging much quicker than developed countries. For example, France and England took 200 years to age as much as Brazil has in 40 to 60 years. […]
The Financial Action Task Force (FATF) delisted Panama from its gray list, which monitors countries associated with money laundering and terrorist financing. Panama’s Finance Ministry announced this change in an official statement. It highlighted FATF’s recognition of Panama’s efforts to fight financial crimes. Jorge Almengor, Deputy Finance Minister, also weighed in. He mentioned that the […]
Mexico’s trade balance shows a deficit of over $10 billion for the first nine months of 2023. The National Institute of Statistics and Geography (Inegi) reported this data. Last year, the deficit stood at $25.651 billion during the same period. From January to September, Mexico’s exports rose by 2.7% compared to 2022. They totaled $441.537 […]
Four years after Bolivia’s President Evo Morales was ousted, Jeanine Áñez, the former interim president, is on trial with 17 others. They’re accused of incidents termed as genocide from November 2019 in areas near Bolivia’s capital, La Paz. After Morales left, protests broke out. The military and police forcefully countered these protests, causing numerous casualties. […]
(Opinion) The recent incident involving a car from Brazil’s embassy in Bulgaria, which was confiscated in Turkey with a massive 55 kg of cocaine, raises several concerning questions. Not only does this challenge the image of Brazil’s diplomatic missions abroad, but it also points towards a major security oversight. The vehicle, stopped by customs officers […]
A new poll reveals changing opinions among Israelis about a possible ground invasion into Gaza. Conducted by Lazar Researches for Maariv newspaper, the survey reports that 49% of respondents favor waiting. This shows a change from last week when 65% supported immediate action. The question posed was simple: “Should the Israeli Defense Forces start a […]
A couple of hours ago, President Joe Biden ordered the U.S. Defense Department to conduct airstrikes on two locations in Syria. According to the Pentagon, the purpose was straightforward: to retaliate against ongoing assaults on U.S. personnel in Iraq and Syria. Secretary of Defense Lloyd Austin issued a statement. He clarified that America doesn’t seek […]
Today, Brazil's president, Luiz Inácio Lula da Silva, celebrates his 78th birthday. Born in 1945, he holds the distinction of being Brazil's oldest president ever. Moreover, he is the second oldest among G20 leaders. The only older person is Joe Biden, the U.S. President, who is 80. Looking ahead, Lula is on track to set […]
ExxonMobil and Chevron have invested over $100 billion in the fossil fuel sector, garnering significant attention. Exxon bought Pioneer Natural Resources. Chevron acquired Hess Corporation. These deals happened within 15 days. Pedro Rodrigues, an expert from the Brazilian Center for Infrastructure, has weighed in. He says these are the biggest deals between oil companies in […]
Brazil's Army has detained 17 soldiers for stealing 21 machine guns. The theft happened at the São Paulo War Arsenal, located in Barueri. The southeastern state of São Paulo is where Barueri is. A statement from the Southeast Military Command clarified the situation. It said the detained soldiers failed in their duty. They did not […]
Starting tomorrow, Ecuador will experience scheduled power outages as announced by the Energy and Mines Minister, Fernando Santos. The reason is a severe energy crisis. This crisis worsens because of the country’s worst drought in 50 years. The eastern region is hardest hit. This region houses 90% of the nation’s power plants. Santos gave details […]
In a recent National Conference for Dialogue in the Miranda state, Venezuela’s President confirmed past agreements with the opposition. These deals took place in Barbados just last week. He expressed a hopeful outlook that sanctions against the country might soon be lifted fully and for good. The President took this opportunity to thank all parties […]
Brazil's Justice and Public Security Minister, Flávio Dino, revealed plans to change the country's terrorism law. The goal is to include criminal gangs under its scope. The change aims to weaken these organizations financially through stricter sanctions. This proposed change follows a wave of violence in Rio de Janeiro. There, criminal gangs set fire to […]
On Thursday morning, around 5 a.m., celebrated photographer Ingryd Alves Silvestrone faced a sudden medical crisis. Despite two hours of medical intervention, she tragically passed away at the age of 28. The news quickly spread on her social media, where she had a large following of over 222,000 people. A heartfelt statement on her account […]
Brazil is currently heading the UN Security Council and is drafting a new resolution about the Middle East conflict. After facing four vetoes on past proposals, Brazil aims to succeed this time. Mauro Vieira, the country's Foreign Minister, shared this development with the media. He mentioned that the new plan would combine the best elements […]
The 23rd Forum of Environment Ministers from Latin America and the Caribbean concluded in Panama City. Leaders committed to curbing chemical and waste pollution. The meeting produced a statement that highlighted several concerns. Most notably, it addresses the rising issue of plastic pollution in oceans. This issue not only harms nature but also affects people […]