On Wednesday, former President Jair Bolsonaro visited Congress to meet with PL party deputies and senators in an effort to stop the new tax reform in the Senate. Bolsonaro stands against President Lula's tax proposal. He has warned that it could lead to very high taxes. On social media, Bolsonaro hinted at a bleak future. […]
Huawei, the Chinese tech giant, is spearheading the digital upgrade of infrastructure across Latin America. The company foresees a significant transformation powered by digitization in various sectors. Central to this transformation is the establishment of 5G networks, which is pivotal for Huawei's strategies to take root. Their goal is to transform factories, ports, schools, hospitals, […]
Amid its ongoing conflict with Hamas, Israel’s military has advanced into the center of Gaza City. Defense Minister Yoav Gallant confirmed this advance. He highlighted the coordination among different military branches. Gaza City is crucial for Hamas’s activity, according to Israel. The Israeli attack on October 7 targeted this area. The assault aimed to stop […]
In September, Brazil's public sector recorded a primary deficit of R$ 18.1 billion ($3.70 billion). This figure, announced by the Central Bank on Wednesday, is the highest for September in the past three years, interrupting two consecutive years of positive results for this month. The primary deficit reflects the revenues minus expenditures, not including the […]
October's vehicle production fell by 4.4%, totaling 199,758 units, which shows a decrease when compared to September's output. This year-over-year comparison also reflects a 3.1% decline. The National Association of Automotive Vehicle Manufacturers, known as Anfavea, provided this data in their detailed monthly briefing. Conversely, Brazil's vehicle exports rose by 14% from September, reaching 31,276 […]
Recent economic fluctuations, including climbing interest rates and inflation, have driven up the cost of home-buying loans in the Latin American housing market. This increase affects service accessibility and boosts prices in premier neighborhoods. The fall of Latin American currencies, like the 49.40% fall of the Argentine peso this year, seems to be affecting home […]
(Sponsored) When it comes to securing financing, having a less-than-perfect credit history can be a significant hurdle for many Australians. Your credit score plays a crucial role in determining your creditworthiness, and a poor credit score can limit your access to traditional loans and financial resources. However, there are options available for those with bad […]
Airbnb rolls out updates, highlighting top-rated accommodations aiming to guide guests, especially new users, towards quality experiences. Brian Chesky, Airbnb's CEO, notes that many first-timers book lower-rated stays. They often struggle to distinguish between high and low-quality listings. To address this, Airbnb introduces a 'Guest Favorite' badge. It spotlights properties with ratings over 4.9 and […]
(Opinion) Picture Brazil rising as a tech leader, spurred by a U.S. deal set to spark a semiconductor-led tech revolution. Silicon Valley’s big names stood with Brazilian minds in São Paulo, charting a bold course. Brazil could soon be a chip-making force, serving the world, starting with America. For too long, Brazil’s tech potential lay […]
Uruguay, a Latin American nation known for its wealth and social equity, faces a rising homelessness challenge. Despite a population of just 3.5 million, the number of homeless people in its capital, Montevideo has surged. The World Bank cites Uruguay as a model of low poverty in Latin America, yet Montevideo’s streets tell a different […]
Brazil's Central Bank has declared that cryptocurrency firms are free to operate without the need for specific authorization. This covers exchanges, wallets, and service providers. The Bank will release detailed rules later. The current legal provisions are not yet valid. The Central Bank's notice, number 40,874, explains this. It says that the Bank oversees the […]
Chile's military initiated the 'Storm 2023' exercises in the Magallanes region on November 6th, scheduled to continue through November 10th. The drills engage the army, navy, and air force in complex exercises. Troops from the Army's 5th Division, the Navy's National Squadron, and the Air Force's 4th Brigade are all participating. These exercises aim to […]
Chilean President Gabriel Boric has set a referendum for December 17th, where citizens will vote on adopting a new draft constitution. This action could replace the existing constitution from Augusto Pinochet’s era. The Constitutional Council, leaning to the right, revised the draft, which received final approval on November 7th. Beatriz Hevia, from the Republican Party, […]
U.S. President Joe Biden’s approval rating has fallen further to 39% according to a recent Reuters/Ipsos survey. On September 10, Biden’s approval stood at 42%, sliding to 40% by October 8. Now, disapproval is climbing, reaching 56%. The United States is on the brink of the presidential elections in November 2024. A New York Times […]
Peru’s authorities have begun looking into allegations against Wigberto Boluarte Zegarra, the brother of the nation’s president. They suspect him of two serious crimes. These include plotting against the state’s interests and misusing his influence. The Public Ministry made this known after a news report. This report suggested that Boluarte Zegarra met with a local […]
Brazil's left-leaning President, Luiz Inácio Lula da Silva, advocates for a state-led development approach in the country At a recent event, he opposed the notion that boosting the private sector requires reducing the state's role. Instead, he pointed out the state's critical role in driving progress without selling off public assets. Lula discussed partnerships between […]
Bolivia’s exports experienced a significant decline between January and August, with a 24% decrease in value and a 19% reduction in volume compared to the previous year. The Bolivian Foreign Trade Institute (IBCE) provided these figures. The National Statistics Institute confirmed this downturn, noting traditional exports suffered the most. IBCE’s manager, Gary Rodríguez, reported non-traditional […]
Kenya and Tanzania, key players in grain commerce, have recently revised their import and export policies. These changes aim to protect local farmers and manage food prices. Kenya has stopped grain imports, while Tanzania has limited grain exports. Kenya’s President announced a halt to wheat and maize imports. This step intends to support local agriculture […]
On Tuesday, Brent crude oil dropped to its lowest since July, pricing at $81.61 a barrel for January delivery. The fall of 4.19% happened in London's future markets. Europe's benchmark North Sea crude finished the day on the International Exchange Futures at $3.57 less than the previous close. Concerns about the world's economic health influenced […]
Guyana has ceased negotiations with Venezuela over the Esequibo region, awaiting the International Court of Justice (ICJ) verdict. The leaders in Guyana made an announcement. They said no more talking to Venezuela about the land by the river Esequibo. In a meeting, Guyana’s Prime Minister, Mark Phillips, said, “We are done talking.” Phillips said, “No […]