Brazil's Ministry of Agriculture has prolonged the emergency alert for avian flu for an additional six months. The country's decision came after discovering the H5N1 virus in wild birds. This information, shared by Carlos Goulart, confirms the emergency's extension until May. This period is crucial. Birds migrate from the Northern to the Southern Hemisphere, increasing […]
Mozambique saw a significant 34% jump in tourist numbers after starting a visa waiver program. This move aimed to make the nation more inviting and ease investor entry. A recent economic report showed a boost in tourism following the visa policy change compared to last year's data, although exact numbers weren't shared. The country introduced […]
Portugal has established a defense cooperation pact with Guinea-Bissau to enhance the capabilities of the Guinean Armed Forces and police. The announcement came from the Portuguese government. On Tuesday, Portuguese Defense Minister Helena Carreiras will sign the agreement in Bissau. She will also meet with Guinean defense officials and the President. The understanding covers various […]
Unfavorable weather conditions such as frost and droughts have contributed to global wine production dropping to its lowest level in six decades. The International Organization of Vine and Wine (OIV) released these findings. In 2023, wine production fell by 7% from the previous year. France managed to sustain its output, once again becoming the top […]
On Tuesday, November 7, 2023, Portugal's Prime Minister, António Costa, chose to resign. This action came after a legal inquiry began, looking into green energy projects involving lithium and hydrogen. Costa, surprised by the investigation, stated his readiness to serve until the legislature's end. Now, President Marcelo Rebelo de Sousa will outline the next steps, […]
Economist Víctor Fuentes expressed concerns regarding Petroperú’s financial woes, as Peru’s state oil company reported losses exceeding $500 million in 2023. Talking to Sputnik, he said terrible management for many years is why the company is failing. He warns that getting back into oil production is risky. The company’s financial report shows big problems. By […]
Brazil is actively improving trade with India, moving beyond traditional business models to foster growth. Although complex barriers exist, the nations strive to understand each other's markets better. India, with a vast population and agricultural wealth, remains a critical Asian trade partner for Brazil. Yet, it contributes to a small fraction of Brazil's trade, underscoring […]
In 2023's first half, Jamaica welcomed notably more tourists from the UK, marking a 69.2% jump from 2021. This growth brought in over $2 billion, showcasing Jamaica's strong tourist industry despite global issues and its high murder rate. Jamaica is now a leading destination, especially for British tourists. The Tourism Minister notes that traveling is […]
Argentina’s bond prices have dropped, showing that investors expect a major debt restructuring soon. Even big financial firms foresee Argentina’s risk of not paying its debts. The American company Moody’s mentioned in a report that economic issues in Argentina might lead to a credit event by 2024-2025. The report highlights the upcoming vote as critical. […]
(Opinion) Brazil has climbed the global talent rankings to its peak position since 2016, now placing 69th out of 134 countries. Despite climbing from 73rd place last year, challenges remain. The country must still close the gap in developing, attracting, and keeping skilled individuals. The Global Talent Competitiveness Index, curated by INSEAD, acts as a […]
China’s economy is projected to expand by 5.4% this year before decelerating to 4.6% in 2024, amid a sluggish real estate sector and dwindling international demand. This is what the International Monetary Fund (IMF) said today. The forecasts for both this year and next are better than before. Last month, the IMF thought China would […]
Mexico allocates a mere 5.5% of its GDP to healthcare, significantly lower than the OECD average of 9.2%, and expends only $1,811 on health per capita. This is way below the OECD’s $4,986. Mexico has fewer doctors and nurses, too—only 2.5 doctors and 2.9 nurses for every 1,000 people. The OECD averages are higher, at […]
In 2023, foreign direct investment (FDI) in Brazil's production sector plummeted by 40%. Reports from the Central Bank highlight a decrease from last year's $68.8 billion to $41.6 billion. This downturn is significant, marking the second-lowest FDI in 14 years. It only outstrips the low of $31.2 billion recorded in 2020, during the COVID-19 pandemic's […]
Prime Minister Benjamin Netanyahu confirms Israel will maintain strict security in Gaza after the conflict with Hamas concludes. He shared these plans in an ABC News interview, signaling Israel’s long-term involvement. Netanyahu emphasized the necessity of control to prevent terrorism, drawing from past experiences of escalated violence when security lapsed. Netanyahu firmly opposes a ceasefire […]
Alberto Otárola, Peru’s Cabinet Chief, has confirmed Foreign Minister Ana Cecilia Gervasi’s resignation. A new appointee will soon take the oath. During a press briefing, Otárola thanked her for her dedication. He praised her role in overseeing a critical sector for the nation. Critiques emerged after a failed meeting between Presidents Dina Boluarte of Peru […]
The American Army Commanders Conference, a multi-day summit in Rio, has convened leaders from 21 armies to fortify security across the continents. The Brazilian Army is in charge this time, and it's their fourth time doing so. They're part of the Conference of American Armies. This group started in 1960 to work better together. Teams […]
Brazil's Central Bank revealed a current account deficit of $39.8 billion for the year ending in September, indicating a significant financial shortfall. This amount represents 1.92% of the country's total economic output, known as Gross Domestic Product (GDP). Compared to the year before, the deficit has decreased. Previously, it was $56.9 billion, or 3.09% of […]
Venezuela’s senior envoy, Yván Gil, seeks to fortify ties with Egypt, focusing on advancing joint ventures across vital industries. He aims to solidify partnerships in energy and food, vital for both nations’ prosperity. Gil met with leaders from Egypt’s pharmaceutical industry. They discussed new cooperation paths. Afterward, he had talks with the Arab League’s Secretary-General, […]
(Opinion) Brazil’s retirement system teeters on the brink as the 2022 census exposes a swiftly aging population, signaling potential strain on the country’s social security infrastructure. Younger Brazilians are the financial backbone for current retirees. But as the population ages, the number of contributors dwindles. Private investments emerge as a beacon of hope. João Morais […]
President Andrés Manuel López Obrador of Mexico is considering a potential deal involving the expropriation of a U.S.-owned mine. The Calica-Sac-Tun mine spans roughly 2,400 hectares south of Playa del Carmen. His plan may turn the area into a protected natural zone. He discussed this while responding to inquiries about the Vulcan Materials-owned operation’s destiny. […]
An extremist faction known as the Islamic State has captured several individuals in Cabo Delgado, a province in northern Mozambique. The abductions happened within the last two weeks, particularly in the districts of Macomia and Mocímboa da Praia. This information comes from "Carta de Moçambique," a local independent news source. The group likely aims to […]
Brazil's pepper industry soared to a new high in 2022, hitting a record R$1.5 billion ($300 million) in production value. The Brazilian stats agency IBGE confirms this figure. They recorded a historic harvest of 128,000 tons. Over the last half-century, the nation's pepper output has increased dramatically. In 1974, farmers planted pepper on 8,000 hectares. […]