Brazilian President Luiz Inácio Lula da Silva plans to meet with Guyana's President Irfaan Ali regarding the Esequibo conflict. This important meeting will take place in Dubai this Friday. It coincides with the international conference, COP28. Brazil's government made this announcement recently. President Lula's meeting is part of a broader schedule. He will talk with […]
The COP28 climate change conference in Dubai, marked by unprecedented participation, began with the launch of a climate loss and damage fund. This crucial step, realized a year after Egypt’s COP27, garnered applause from delegates of nearly 200 countries. Sultan Al Jaber, the UAE president of COP28, praised this swift and significant achievement. His remarks […]
On November 29, Francisco Morales, President of Peru’s Constitutional Court, announced the immediate release of former President Alberto Fujimori. This decision directly opposes the 2022 Inter-American Court of Human Rights directive, which mandated Fujimori’s continued detention. Morales, in his statement, stressed adhering to the earlier ruling. The day prior, the Court had dismissed a request […]
As confirmed by an insider, Brazil's upcoming OPEC+ membership in January 2024 signals a significant shift in global oil politics. This move coincides with OPEC+'s plan to reduce oil supply by at least one million barrels per day next year. OPEC's current members include key oil-producing nations, and its expansion to OPEC+ in 2016 brought […]
Diana Mondino, Argentina’s likely new Foreign Minister, suggests a reevaluation of Argentina’s plan to join the BRICS group in 2024. BRICS, including Brazil, Russia, India, China, and South Africa, is an influential emerging economies group. Mondino’s remarks during a press briefing questioned Argentina’s intent to join BRICS, which President Alberto Fernández’s administration initiated. Argentina, invited […]
October brought a notable decrease in unemployment rates for Brazil and Mexico, showcasing the strength of Latin America's largest economies. Brazil's unemployment rate dropped to 7.6%, the lowest since 2015, with the unemployed population falling to 8.3 million. Mexico's unemployment rate also declined, reaching 2.75%. These improvements reflect robust labor markets, capable of enduring high-interest […]
OPEC+ met on Thursday to resolve a deadlock on oil production quotas, debating further reductions to stabilize falling oil prices. Saudi Arabia, a pivotal member, advocates for a united effort to curb supply and avert excess next year. Delegates suggest the meeting could recommend cuts of over 1 million barrels per day. Energy Aspects' Amrita […]
The U.S. core Personal Consumption Expenditures (PCE) Index, a key indicator for the Federal Reserve, rose by 0.2% in October. This Index excludes volatile food and energy prices and guides monetary policy decisions. This increase aligns with market predictions, hinting that current monetary policies might be sufficiently restrictive. Such policies could lead to a potential […]
The Ibovespa index in Brazil showed positive momentum on Thursday, buoyed by significant stocks like Petrobras and Vale. As of 11:30 AM in Brasília, the index had climbed by 0.57% to reach 126,878 points. Simultaneously, the dollar's value rose by 0.55%, trading at R$ 4.93. Investors are reacting to U.S. inflation data, which met expectations, […]
Global investment interest in Brazil and Mexico is growing, as highlighted by BlackRock, the world's largest asset manager. This trend reflects a keen investor focus on sectors like infrastructure, energy transition, and sustainability, as detailed by Swiss giant UBS as well. These sectors offer protection against inflation and align with ESG (Environmental, Social, and Governance) […]
SaRNA vaccines mark a significant advancement in vaccine technology, evolving from conventional mRNA approaches. These vaccines are designed to offer stronger immunity using smaller doses, aligning with the latest developments in vaccine science. Unlike traditional mRNA vaccines, saRNA vaccines feature a unique self-replication mechanism. This characteristic could potentially enhance their effectiveness, making them a notable […]
Brazil has amplified its military presence in the north, responding to a crisis ignited by Venezuela's planned referendum. This referendum concerns the annexation of a large part of Guyana, specifically the Esequibo region. The Ministry of Defense, led by José Múcio, monitors the situation closely. It has boosted defense activities along the northern border, significantly […]
Brazil's specialist in high-tech systems, Siatt, partially owned by the EDGE Group, has secured a pivotal contract. The EDGE Group is a prominent conglomerate based in the United Arab Emirates, specializing in advanced technology, defense, and security solutions. This project focuses on providing secure communication technologies for monitoring and safeguarding Brazil's extensive coastal infrastructure. It […]
In 2023, from January to August, Brazil's Atlantic Forest experienced a remarkable 59% decrease in deforestation compared to the same period in 2022. This information, shared by the SOS Mata Atlântica Foundation, MapBiomas, and Arcplan software collaboration, shows a positive trend. This decrease in the Atlantic Forest (mata atlantica) is part of a continued decline […]
The Nigerien Army recently thwarted an attack by Boko Haram extremists at a military post in Blabrine, Diffa region, southeastern Niger. Boko Haram, a Nigerian jihadist terrorist organization, has been responsible for numerous attacks targeting Christians as part of their insurgency in the Lake Chad region In this confrontation, forty suspected members of Boko Haram […]
As Egypt gears up for its presidential elections, Cairo is filled with President Abdelfatah al Sisi’s posters. This display hints at his strong chance for a third term. These posters, mostly funded by pro-government sources, emphasize Al Sisi, overshadowing his rivals. The crucial election is scheduled for December 10-12. In Cairo, small businesses face pressure […]
French President Emmanuel Macron has suggested a conditional lifting of EU sanctions on Venezuela during a phone call with Venezuelan President Nicolás Maduro. Macron’s offer depends on Venezuela honoring its commitments made in October with the opposition. These include conducting fair presidential elections in 2024, releasing political prisoners, and respecting human rights. Macron also pledged […]
Ecuador's President, Daniel Noboa, has reshaped the nation's military leadership early in his 18-month term. This significant move involves appointing new Army, Navy, and Air Force commanders. Noboa's decision, formalized through an executive decree, came just six days into his presidency. Rear Admiral Jaime Vela now leads the Joint Command, signaling a new direction for […]
Mexico’s Central Bank, Banxico, recently updated its economic growth forecasts for 2023 and 2024, showing optimism. This positive revision reflects stronger-than-expected external demand and increased domestic spending. In their latest third-quarter inflation report, Banxico predicts Mexico’s Gross Domestic Product (GDP) to rise by 3.3% in 2023, a growth higher than the initial 3.0% forecast. The […]
In Sergipe, northeast Brazil, a recent police raid resulted in seven fatalities and two arrests. This operation aimed to dismantle a gang linked to murders, drug dealing, and heists. Local authorities provided these updates. The action unfolded in Cristianópolis and Tomar do Geru, located in Sergipe's south. About a hundred officers were tasked with fulfilling […]
Chile experienced an increase in unemployment, reaching 8.9% in the August-October 2023 quarter. This was a significant rise of 0.9 percentage points from the previous year, as reported by the National Institute of Statistics (INE). The National Employment Survey indicated this was the twelfth consecutive year-on-year increase in unemployment rates. The INE’s findings highlighted that […]
Brazil's Senate has passed a bill taxing offshore investments and high-income individual funds, completing its journey through the legislative process. This bill, already approved by the Chamber of Deputies, now awaits the president's approval. The new law changes the existing tax system, aiming to boost government revenue and reduce public account deficits. The government expects […]
(Opinion) The Supreme Court of Brazil’s recent ruling on media liability marks a critical juncture for press freedom. This decision, mandating that media outlets can be held accountable for disseminating false statements made by interviewees, sets a new precedent. It challenges the core of journalistic practice and raises profound concerns about the future of free […]
The Brazilian government, worried about the disjointed global reaction to the Middle East crisis, called on the UN Security Council to intensify its peace initiatives. Brazil emphasized that only a political solution could settle the Israeli-Palestinian conflict. This appeal was made by Brazilian Foreign Minister Mauro Vieira during a meeting on the crisis, coinciding with […]