UBS Asset Management, managing a staggering $1.5 trillion, is focusing more on enhancing its infrastructure investments. This strategy arises amidst a challenging trading environment, considered the toughest in a decade, which limits opportunities for acquiring new assets. The investment branch of the Swiss banking giant has been upgrading its projects. It has installed more efficient […]
(Sponsored) Thanks to new laws, signing up for online sportsbooks and placing your first bets is legal. This means you could potentially make real money by predicting the outcome of your favorite sports, including soccer, basketball, football, tennis, baseball, and much more. You don’t need to be an expert to start betting online. It’s incredibly […]
Brazil's cocoa industry is experiencing a notable revival, rebounding from a major setback in the 1980s when disease ravaged its once globally dominant cocoa crops. Today, the nation is on the brink of a cocoa renaissance. Fresh investments are flowing in, rejuvenating both new and traditional cultivation areas. Valmir Ortega of Belterra Agroflorestas believes Brazil […]
Brazil's Air Force is enhancing its capabilities with two new Saab F-39 Gripen NG fighter jets from Sweden. These advanced aircraft embarked on their journey last week as part of a larger procurement deal. They set sail from Sweden aboard a Dutch ship, headed for the Navegantes port in Brazil, with an expected mid-December arrival. […]
In January 2023, followers of Brazil's former President Jair Bolsonaro made headlines in what was called the Brazilian Spring. They stormed key government buildings in Brasilia during Luiz Inácio Lula da Silva's presidential inauguration. The incident aimed to disrupt the transfer of power. The goal of the storming was to be allowed to view the […]
In October, Brazil's federal tax revenue soared to a record R$ 205.48 billion ($42 billion), the highest figure for the month since 1995. It shows a small real increase of 0.10% compared to October 2022. The Federal Revenue Service announced this on November 27, 2023. Financial analysts had predicted higher revenues, between R$ 206.5 billion […]
(Opinion) The centrist and pragmatic Social Democratic Party (PSD) is making noticeable waves in Brazil’s political pool. For the first time since its establishment, they’re at the forefront with 968 mayors, a significant jump from their 2020 count of 660. This 47% surge is largely thanks to mayors switching sides. This places the party under […]
A study by Mackenzie Presbyterian University shows an increase in Brazil's economic freedom, with its average score rising from 4.06 in 2020 to 4.38 in 2021. This indicates notable progress in the economic sector. São Paulo, Espírito Santo, and Mato Grosso do Sul excel in this area. Conversely, Roraima, Tocantins, and Piauí lag behind. The […]
Spain's S-80 submarine, crafted in Cartagena, is capturing global interest, with several countries eyeing potential acquisitions. Initially, Australia emerged as a key international customer, drawn to the S-80's ability to integrate third-party combat systems, especially from the United States. This feature set the S-80 apart from competitors like France and Germany, bolstering its appeal. Spain's […]
Brazilian President Luiz Inácio Lula da Silva is set to strengthen relations with Arab nations on his upcoming Middle East trip. He will attend the COP28 climate conference in Dubai, focusing on enhancing Brazil's ties with the Arab world. Before Dubai, Lula will visit Saudi Arabia and Qatar, countries known for their substantial sovereign wealth […]
Brazil advances with new São Paulo airport plans, announced by Minister Silvio Costa Filho and Governor Tarcísio de Freitas. They are eyeing a strategic location between Cajamar and Caieiras in Greater São Paulo. This airport promises to be a significant transport hub, supported by the existing railway line in the area. Costa Filho is set […]
China has become the world’s largest lender through its Belt and Road Initiative (BRI), also called the New Silk Road. This initiative, a cornerstone of leader Xi Jinping’s foreign policy, supports about 21,000 global infrastructure projects. It has loaned over $1.3 trillion in the past decade, mainly for bridges, ports, and highways in low and […]
As of November 27, 2023, the ongoing conflict, initiated by Hamas attacks against Israel, has resulted in 16,293 deaths. Al Jazeera, a Qatar-based broadcaster, provided these figures. They include 14,854 Palestinian and 1,200 Israeli fatalities. Qatar has been a notable supporter of the Palestinian cause and is recognized as a primary financial contributor to Hamas. […]
Sidônio Palmeira, the campaign strategist for leftist Brazilian President Luiz Inácio Lula da Silva, recently shared his insights. He spoke with the local media, highlighting the challenges faced by the left in social media battles. Palmeira acknowledged the left's struggle to match the right's influence online. This struggle reflects the evolving dynamics of digital political […]
In a diplomatic gesture, Javier Milei, Argentina’s new President, has invited Brazil’s President, Luiz Inácio Lula da Silva, to his inauguration on December 10th in Buenos Aires. Argentina’s incoming Foreign Minister, Diana Mondino, personally delivered the invitation in Brasilia to Brazil’s Foreign Minister, Mauro Vieira. Libertarian Milei, in his letter, warmly invites leftist Lula and […]