Mozambique is on course to nearly quadruple its solar power production by 2024, thanks to the expansion of solar parks nationwide. The 2024 budget bill, under parliamentary discussion, outlines this growth. Solar capacity is set to rise from 71,777 MWh to 278,519 MWh, a 288% increase. The Mocuba solar facility in central Mozambique will contribute […]
UNITA's leader, Adalberto Costa Júnior, announced Angola's deep economic crisis and the fading reality of diversifying its economy. He spoke at a conference addressing the country's economic obstacles and budget strategies, highlighting oil's persistent dominance in the economy despite government reports. Costa Júnior remarked on Angola's abundant resources, which should preclude such poverty. He criticized […]
Brazil projects a modest dip in its 2024 harvest, with grain totals expected at 308.5 million tons, 2.8% less than this year. The IBGE links this decline mainly to weather challenges affecting key crops like soybeans and corn. Soybean production is set to decrease by 1.3% and corn by 5.6%, despite robust yields expected from […]
Cuba has seen a remarkable threefold increase in Russian tourists, with 146,300 visiting from January to October. This spike is a significant rise from last year's figures during the same period. The data, released by the Russian Association of Tour Operators, ranks Russia as the third highest source of tourists to Cuba, after Canada and […]
Colombia has mandated the release of all hostages by the ELN as a key term for continuing peace discussions. Following the release of Luis Díaz’s father, this condition underscores the government’s stance on human rights and the integrity of the dialogue process. The government’s negotiation team has clearly stated, “The ELN must set all captives […]
Abu Dhabi National Oil Company (Adnoc) has proposed to buy a significant share of Braskem, the top petrochemical firm in Latin America, for $2.15 billion. Braskem acknowledged the offer to the São Paulo exchange, labeling it as tentative. The deal could shift Novonor's 35.3% stake to Adnoc, leaving Novonor with a minor 3% share. Adnoc's […]
Russian President Vladimir Putin visited Kazakhstan to reinforce long-standing connections as global powers show increasing interest in Central Asia. Speaking in Astana, Kazakhstan’s capital, Putin celebrated the nations’ alliance, while Kazakhstan President Kasym-Jomart Tokayev commended their enduring friendship. Though allied with Russia, Kazakhstan also engages with other significant powers, including Western states, China, and Turkey, […]
With military junta support, the president of Myanmar recently raised alarms about the country’s unity. State media reported his concerns following intense clashes near China. On Wednesday, President Myint Swe suggested a potential split without effective border conflict management, as per the Global New Light of Myanmar. According to analysts, conflict in Shan state, near […]
The United Nations has raised an alarm over land degradation in Latin America and the Caribbean. They report a concerning 22% of the region's soil suffers from this issue. A key UN official, Andrea Meza has identified this trend as a pressing problem. It threatens both ecosystems and human communities, potentially leading to violence and […]
Euthanasia remains a divisive issue in Latin America, with only a few countries making significant strides toward legalization. Colombia has emerged as a frontrunner by decriminalizing medically assisted suicide last year, as ruled by its Constitutional Court. Director Diana Rocío Bernal, from the University of Rosario, sees the shift in regulations as gradual. She notes […]
The Brazilian Stock Market's primary index, Ibovespa, saw an increase today due to the recent Senate approval of a significant tax reform. The Senate's decision, which came through two voting sessions, garnered 53 approvals, opposing 24 disapprovals. The reformed bill will return to the lower house, the Chamber of Deputies, for further debate and approval […]
Yesterday, London witnessed a landmark agreement. InvestMinas, the investment agency for Minas Gerais, and the international consultancy IN-VR pledged to collaborate. Their goal? To bring forth the Brazil Lithium Summit in Belo Horizonte, scheduled for mid-June 2024. This summit signifies a joint commitment to Brazil's lithium sector, promising to draw in investments and expand business […]
From today, Brazil’s São Paulo has become the stage for MixBrasil, a vibrant celebration of LGBTQIA+ culture in Latin America. Running until November 19, this event stands as the largest of its kind in Latin America. This year’s theme, “Embracing Our Diverse Mix,” promises an inclusive showcase. The festival features films, plays, and queer-themed virtual […]
Brazil and the US are conducting CORE 23, a military training that underscores their defense partnership. Specialized units from both countries, such as jungle and airborne forces, come together in this strategic exercise. The Guaraní vehicle's first use in operations is at the heart of the event. It carries new weapon turrets like the Australian […]
At the Beira-Rio stadium, once the scene of their finals qualification, Fluminense and Internacional played to a goalless draw amidst a chorus of fan chants. They celebrated their team’s recent Conmebol Libertadores title. Although the game ended 0-0, the result did not dampen the spirits. Fans proudly chanted “champions” in the visitor’s area, referring to […]
Three of Brazil's best bars, as chosen by EXAME Casual in 2023, sit near São Paulo's Paulista Avenue. This area is a hub for top-notch drinks and classic pubs. A jury picked these spots. They were 60 critics and influencers from across Brazil. They each chose ten bars. There was no set order. Votes got […]
(Opinion) Brazil’s political parties have experienced a notable shift in membership since the 2022 elections. Of the 30 registered parties, 19 saw a decline in affiliates. The implications are significant and merit a deeper examination. Eleven parties bucked the trend, registering growth. These include Podemos, Solidariedade, and others like Lula’s PT (Workers’ Party) and Bolsonaro’s […]
Moody’s Investors Service has revised its economic growth estimates for Mexico in 2023 and 2024 upward. This optimism stems from a robust manufacturing sector and a trend toward relocating supply chains. Moody’s projects a 3.5% growth for Mexico’s economy in 2023, up from the prior 3.3% forecast. For 2024, the agency predicts a 2.3% growth, […]
Entrepreneurs in Uruguay express confidence in the business environment, according to a survey by Exante. The study involved 300 high-ranking officials from local companies. A vast majority, 85%, see the business climate as “good” or “very good.” The survey paints a picture of optimism in the business sector. Even so, it hints at potential economic […]
Police and military teams conducted a search operation in Ecuador’s biggest prison in Guayaquil after a violent confrontation between inmates. President Guillermo Lasso stated that such searches for dangerous items will continue. This action is part of a broader effort to tackle corruption and disarm inmates. In response to a deadly incident in July, the […]
Chile’s inflation edged up by 0.4% in October, reaching a total of 3.7% for the year thus far. This data comes from Wednesday’s National Statistics Institute (INE) report. The Consumer Price Index (CPI) increased by 5% for the past year. Food and drink prices rose by 0.9%, and housing and utility costs went up by […]
The Brazilian oil giant Petrobras has achieved a groundbreaking feat by processing soybean oil entirely into biofuel. This development occurred at the Fluid Catalytic Cracking (FCC) unit of the Riograndense Petroleum Refinery (RPR) in Rio Grande do Sul. The company’s announcement signals a key innovation in the biofuel sector. Their technology, crafted by the Cenpes, […]
Brazil and fifteen other Latin American nations have established Ameripol, a network similar to Interpol dedicated to enhancing security across the Americas. It aims to bolster efforts against cross-border crime. Brazil's Justice Minister, Flávio Dino, states they will officially start Ameripol this Thursday in Brasilia. The group's goal is to improve conversations about regional crime. […]
São Joaquim, nestled in Santa Catarina, stands distinct with its snowfalls and reigns as Brazil's top apple producer. In 2022, São Joaquim yielded nearly 310,000 tons of apples. This accounted for 30% of Brazil's total apple harvest. The apple sector infused São Joaquim with approximately R$ 648 million, about $125 million, according to the IBGE, […]