On Thursday, Brent crude oil prices experienced a significant drop of over 5%, hitting their lowest level since July. Initially, the price per barrel sank to $76.61. This drop marked a 5.63% decrease. Later in the day, specifically by 3:25 PM, the price had further declined. It was then at $76.80, showing a 5.40% fall. […]
The global copper market is showing signs of a surplus for the upcoming year, evident in its current pricing trends. On Wednesday, the London Metal Exchange LME recorded spot copper trading at a $93.25 per ton discount to the three-month reference contract. This significant gap, the widest since the 1990s, signals an abundant metal supply, […]
On Thursday, the Colombian peso fell sharply following President Gustavo Petro’s proposal of a significant change to legislators. He suggested repealing a law that limits public spending. Consequently, the peso dropped by 1.4% to COP 4,081.60 per dollar. This decline marked it as the weakest among emerging market currencies for two days. Petro’s request came […]
In Venezuela, imports account for about 45% of the country’s consumption, as highlighted by the Venezuelan Confederation of Industrialists (Conindustria). Luigi Pisella, Conindustria’s President, mentioned this during the third-quarter Industrial Situation Survey. He previously discussed the need for Venezuela’s industrial sector to enhance competitiveness, especially in dialogues with Nicolás Maduro’s government representatives. The survey identified […]
In Brazil, production costs for broiler chickens and pigs have recently increased. The Broiler Chicken Production Cost Index (ICPFrango) grew by 1.03% in October, ending a seven-month trend of decreases. This index stood at 330.18 points. These findings come from the Brazilian Agricultural Research Corporation (Embrapa) Swine and Poultry's Central Intelligence of Poultry and Swine […]
U.S. Defense Secretary Lloyd Austin has reaffirmed the U.S. commitment to Taiwan’s defense capabilities. Speaking at the ASEAN Defense Ministers Plus conference in Jakarta, Austin emphasized ongoing support under the Taiwan Relations Act. This includes aiding Taiwan in defense, despite recent dialogues between U.S. President Joe Biden and Chinese President Xi Jinping. During a four-hour […]
Caribbean nations are currently enhancing their ties with Saudi Arabia, signaling a shift beyond tourism. Heads of State from CARICOM, a group of 20 Caribbean nations, are traveling to Saudi Arabia. This visit supports Riyadh’s bid to host EXPO 2030, symbolizing a new phase in their partnership. The Bahamas, Jamaica, and Grenada participated in the […]
Angola recently made travel more accessible by waiving visa requirements for visitors from 98 countries, including Brazil. This policy allows stays of up to 30 days per visit, with a total of 90 days per year. The decision is detailed in Presidential Decree No. 189/23 from September 29, 2023. It specifically lists all the nations […]
The International Federation of Football History and Statistics (IFFHS) recently unveiled the world’s best football teams. ]In this list, three Brazilian clubs, Palmeiras, Fortaleza, and Fluminense, rank among the top ten. Under Pep Guardiola’s leadership, Manchester City tops the list with 296 points. This English club excelled last season, winning the Champions League, Premier League, […]
U.S. futures indices slightly declined this Thursday, following a gainful session on Wall Street. Investors now focus on Walmart's upcoming holiday season forecasts. U.S. President Joe Biden and Chinese leader Xi Jinping have agreed to renew military dialogues in international politics. This decision comes after their significant in-person meeting. Meanwhile, the U.S. Senate has passed […]
Sonangol, an Angolan oil firm, has resumed activities in the KON-11 block of the Kwanza basin. The company completed drilling the "Tobias-13" well to a depth of 960 meters. This marks a significant milestone in their exploration work. The initial assessment of the primary reservoir suggests the presence of hydrocarbons. The company will evaluate its […]
The cabin crew strike in Cape Verde is disrupting the travel plans of over 1,000 passengers, affecting domestic flights on both Thursday and Friday. Américo Borges, General Director of Bestfly, announced this in an interview. He noted Bestfly's efforts to reschedule disrupted flights within days. Borges hopes to normalize operations by Sunday. Five of 14 […]
On Thursday, November 16, 2023, the Israel Defense Forces (IDF) announced their operation to take control of the Gaza port. The IDF’s statement, released on Telegram, detailed the operation. They destroyed 10 tunnels and 4 Hamas-used structures. The operation also resulted in the death of 10 individuals labeled as terrorists by the IDF. The IDF […]
India recently expressed its concerns regarding the ongoing clashes in Myanmar between ethnic rebel groups and the military junta. The conflict has caused thousands of Myanmar nationals to flee into India. Arindam Bagchi, spokesperson for India's External Affairs, spoke about this issue. He highlighted the movement of Myanmar nationals into India due to fighting in […]
Carlos Fávaro, Brazil's Farming Minister, recently discussed the European Union's deforestation law. He shared his views in an interview with Folha de S. Paulo. The interview took place after the 29th National Coffee Industry Meeting (Encafé). Fávaro stated that the EU's law against deforestation shouldn't apply to Brazil. He believes it violates Brazil's sovereignty. Fávaro […]
(Opinion) As Argentina’s presidential election approaches its second round, the campaigns resemble Brazil’s 2022 election. Voters witness unproven fraud accusations, street canvassing, and past statements resurfacing. This similarity is not surprising, given the similar political strategies used in Brazil. The contenders include centrist-left “professional politician” Sergio Massa and libertarian Minarchist Javier Milei, who criticizes the […]
At the Dubai Airshow 2023, the Edge Group unveiled the Mansup-ER missile, an advanced Brazilian anti-ship and surface missile. This new version boasts an extended range of 200 km and can carry a 150 kg explosive warhead. It features in-flight reprogramming of navigation waypoints and operates close to the sea surface for evasion. This missile […]
Mato Grosso and Mato Grosso do Sul in Brazil have declared emergencies due to wildfires in the Pantanal. This declaration allows federal assistance through the Civil Defense and funding for firefighting efforts. Ibama President Rodrigo Agostinho is leading the response in Cuiabá, Mato Grosso's capital. Federal and state agencies are jointly planning these efforts. Agostinho […]
Israel voiced strong opposition to a UN Security Council resolution regarding the Gaza conflict. This resolution, passed on November 15, 2023, proposed a ceasefire in Gaza. It also called for the immediate release of all hostages held in the conflict. Malta initiated this proposal. On social media, Israel’s UN Ambassador, Gilad Erdan, criticized the resolution. […]
Recently, TikTok users have shown a keen interest in a 2002 letter from Osama bin Laden, written after the September 11 attacks. It provides bin Laden’s rationale for the attacks, including references to the situation in Palestine. This topic has gained attention amidst the ongoing Israel-Hamas conflict and attacks in Gaza. TikTokers are reacting to […]
Chile experienced a groundbreaking moment in its energy sector by predominantly using clean energy for an entire hour for the first time. Diego Pardow, the Energy Minister, proudly announced this. On October 30, from 12:00 to 1:00 PM local time, 93.5% of Chile’s electrical system was powered by clean energy sources. This achievement set a […]
Venezuela and Paraguay have jointly announced the restoration of their diplomatic and consular relations. This development follows discussions between the presidents of both countries. In a joint statement, the foreign ministries of Venezuela and Paraguay shared that Presidents Nicolás Maduro of Venezuela and Santiago Peña of Paraguay mutually agreed to accredit ambassadors in the coming […]
In a recent announcement, Mexico's President, Andrés Manuel López Obrador, revealed ambitious plans. He aims for the country to have almost complete internet coverage by 2024. This goal aligns with the end of his term in office. He shared these details at his daily press conference. President López Obrador explained that internet services would reach […]