Cape Verde's government is emphasizing privatizations and strategic partnerships, as outlined in their latest Public Enterprise Sector Performance Report. The report outlines plans to complete various initiatives. The coordinator, Sandeney Fernandes, stresses the importance of this agenda. The government aims to privatize or partially sell several state-owned companies. These include full privatization and public-private partnerships. […]
Angola's President, João Lourenço, wants TAAG, the national airline, to fly to U.S. cities. He sees this as part of enhancing Angola's ties with the U.S. Lourenço shared this goal with Rui Carreira, the new Secretary of State for Civil Aviation, Maritime, and Port sectors. He urged Carreira to focus on TAAG, along with his […]
The US Department of Commerce is investigating possible aluminum dumping by 15 countries, including Colombia, Mexico, Ecuador, and the Dominican Republic. The inquiry began on October 4, 2023. The Department received complaints about these countries. The complaints also include China, India, Indonesia, Italy, Korea, Malaysia, Taiwan, Thailand, Turkey, the UAE, and Vietnam. The U.S. Aluminum […]
In 2023, Mexico is experiencing a record high in foreign investment as it anticipates the surge of the nearshoring trend. The country got $32.926 billion in foreign investment from January to September. This is 2.4% more than the same time in 2022. The Ministry of Economy shared these figures. They are the highest since records […]
Rock in Rio is gearing up for its grand 40th anniversary in 2024, and they have just announced their first main act on Monday. Ed Sheeran will be the star on the main stage, Palco Mundo. This is his first time at Rock in Rio, Brazil. He has played at the festival in Lisbon and […]
This Tuesday morning, the US dollar is experiencing a drop, mirroring trends in other emerging markets, as investors await news about inflation in the US. Interest rates are also going down today. This is happening before a holiday in Brazil. The stock market there will be closed tomorrow. Right now, the US dollar is worth […]
China is gearing up for a significant financial initiative, planning to inject 1 trillion yuan (equivalent to $137 billion) to bolster its real estate market. This money will go to urban and housing projects. Bloomberg News learned this from people who know the plan. The People’s Bank of China (PBOC) will give out the money. […]
Chilean retail giant Cencosud has entered Brazil's dark store market by acquiring dark stores from Brazil's delivery market leader, iFood. Dark stores are local warehouses used to fulfill online orders. They are not open to the public. This strategy helps speed up deliveries. This deal aims to use both companies' strengths. They plan to mix […]
Researchers have discovered that certain regions are undergoing desertification for the first time in Brazil's climate history. The National Center for Monitoring and Early Warning of Natural Disasters (CEMADEN) and the National Institute for Space Research (INPE) did this study. They sent their findings to the Ministry of Environment and Climate Change. These findings are […]
(Opinion) Brazil’s government has decided not to pay the €5.1 million fee for OECD membership by the end of 2023. Initially due in April, the organization has allowed an extension until December. Failure to pay by year-end will result in Brazil’s default. Brazilian diplomacy plans to renegotiate the accession process and cost. The fee, due […]
The Centers for Disease Control and Prevention (CDC) in the United States has initiated a program to monitor travelers at airports for COVID-19 and other viruses. This program includes American citizens and international travelers legally in the country. The CDC’s initiative aims to bolster public health by identifying potential viral threats. As part of the […]
Paris dispelled concerns about Germany's commitment to the Future Air Combat System (FCAS) program. Doubts had emerged after a British newspaper article speculated about Germany's potential shift to the competing GCAP project. General Jean-Luc Moritz, the French military director of FCAS, confirmed that the program maintains a positive work environment . . . To read […]
The Biden administration delayed a trade agreement with Asia, initially planned for the APEC summit in San Francisco. This postponement, announced on Monday, follows internal critiques. President Joe Biden was set to announce progress on this deal during the Asia-Pacific Economic Cooperation (APEC) forum. He is also scheduled to meet Chinese President Xi Jinping at […]
In the first half of 2023, Brazil experienced a 2.6% increase in violence against women, culminating in a total of 722 femicide cases. Rape cases also saw a significant rise of 14.9%, with 34,000 incidents reported. These figures include cases involving vulnerable individuals, such as minors under 14 or those unable to give consent. The […]
Mexico’s President, Andrés Manuel López Obrador, plans to discuss a migration aid plan with U.S. President Joe Biden. He announced this intention on Monday. The discussion aims to address migration issues in Latin America. They will talk during the Asia-Pacific Economic Cooperation (APEC) Forum’s Economic Leaders’ Meeting. In a press conference in Sonora, López Obrador […]
On Monday, Brazil's President Luiz Inácio Lula da Silva openly criticized Israel's actions in the Gaza Strip. He described these attacks as indiscriminate, leading to the death of innocent Palestinian civilians. His remarks referenced the response to Hamas's attacks on October 7. President Lula voiced these concerns at the Palácio do Planalto, his official workplace. […]
In 2023, Brazil, famous for its coffee production, saw a significant increase of 187.28% in its coffee exports to China in the first ten months of the year. The Coffee Exporters Council (Cecafé) announced this news on Monday. From January to October, Brazil shipped 918,916 60-kilogram coffee bags to China. This quantity far exceeded the […]
In the first ten months of 2023, China emerged as the main buyer of Brazilian beef, accounting for 49% of Brazil's beef exports. This amounted to 980,016 tonnes, as per the Brazilian Association of Refrigerators (Abrafrigo). The sales to China brought in $4.819 billion between January and October. Abrafrigo's report reveals Brazil's total beef exports […]
Analysts now predict that Argentina’s inflation for 2023 will reach 185%, up from an earlier forecast of 180.7%. The Central Bank of Argentina (BCRA) shared this information. They based this on a recent Market Expectations Survey (REM). This survey included insights from 38 experts. These experts are from consulting firms and research centers, both local […]
By October 2023, Paraguay reported a substantial 23.6% increase in exports compared to the previous year. The Central Bank of Paraguay provided these details. The report showed exports reaching $14.438 billion. This amount marked a rise from 2022’s $11.682 billion. Paraguay traded with 138 countries and regions during this period. Imports also went up, reaching […]