Canada and Google have struck a significant deal requiring Google to pay Canadian media outlets for using their content. Announced by the federal government, the deal follows extensive negotiations. It’s a response to the media’s financial challenges. Pascale St-Onge, Canadian Heritage Minister, confirmed the agreement in Ottawa. Google promises CAD 100 million annually, adjusted for […]
(Opinion) Chancellor Olaf Scholz’s upcoming meeting with President Luiz Inácio Lula da Silva in Berlin marks a pivotal moment in Germany-Brazil relations. This encounter, set against a backdrop of previous diplomatic strains, now emerges as a potential catalyst for change, showcasing Brazil’s emerging clout in global politics. In the past, tensions rose due to German […]
In 2023, Mexico's aerospace exports witnessed significant growth, surpassing expectations. The U.S. Department of Commerce anticipates these exports to reach $9.4 billion by year-end. The increase in revenue from $6.6 billion in 2020 and $6.7 billion in 2021 to $8.1 billion in 2022 marks a strong recovery from the pandemic's impact. This growth reflects a […]
On December 1, the São Paulo Stock Exchange, known as B3, achieved a remarkable milestone. It closed at an impressive 128,184 points, the highest since July 14, 2021. This significant achievement, marked by a 0.67% increase on the day and a 2.13% rise over the week, signals a strong rebound and growing investor confidence in […]
In November 2023, Peru underwent a significant economic shift, evidenced by a 0.26 percent decrease in the Consumer Price Index (CPI). This change led to a cumulative inflation rate of 3.1 percent for the year. The National Institute of Statistics and Informatics (INEI) provided these figures. In Metropolitan Lima, the CPI decrease was slightly lower […]
Braskem, a Brazilian petrochemical giant, is facing a critical situation in Maceió, Alagoas state, in the Northwest of the country. Their rock salt mine near Lagoa Mundaú is at risk of collapsing, prompting a 180-day emergency declaration. The mine has shifted vertically by 1.42 meters and is sinking at 2.6 centimeters per hour, increasing fears […]
Brazil has commenced its year-long tenure as G20 president, focusing on addressing various social challenges. These include combating hunger, poverty, and inequality. Sustainable development is also a priority. Additionally, reforming global governance is on the agenda. President Luiz Inácio Lula da Silva guides Brazil's presidency. He emphasizes practical projects. The G20, consisting of 19 countries […]
In Brazil's Maceió city, a dangerous situation is unfolding, leading to the evacuation of over 60,000 residents The city, located in Alagoas state, faces grave risks. A salt mine is close to collapsing. This mine belongs to Braskem, a petrochemical firm. Recently, the mine's ground sank by 1.87 meters. This event has caused widespread fear. […]
On Friday, the White House announced a possible “pause” in sanctions relief for Venezuela. This reconsideration depends on Venezuela’s progress in releasing political detainees and Americans held captive. The decision follows a deadline set for Venezuelan President Nicolas Maduro to fulfill specific obligations. John Kirby, a national security spokesperson for the White House, recognized some […]
On December 1, 2023, the Brazilian Development Bank (BNDES) took charge of the Green Coalition's Steering Committee. Announced at the COP28 conference in Dubai, this coalition includes 17 Amazon region development banks. They collaborate with global financial institutions. Their plan commits $20 billion over seven years to Amazonian sustainability. This initiative focuses on combating climate […]
In November 2023, Brazil achieved a historic trade surplus of $8.8 billion. This figure represents a significant 41.5% increase from the $6.2 billion surplus recorded in the same month of 2022. The Secretariat of Foreign Trade released these details on December 1, 2023. Brazil's trade surplus occurs when its exports surpass imports. The surplus indicates […]