Brazil is among the bottom 17 in a pool of 81 countries in the OECD's 2022 PISA mathematics ranking. The OECD released this report on December 5, 2023. PISA assesses math, reading, and science students, focusing on one subject every three years. In 2022, the emphasis was on mathematics, where Brazil ranked 65th, similar to […]
Brazil has opened its online gambling market following President Luiz Inácio Lula da Silva's legalization of sports betting. This development implements a provisional measure (PM) from the 2018 law. On October 27, Brazil's Ministry of Finance issued Ordinance No. 1330, setting strict requirements for aspiring operators. As per the ordinance, operators must declare their intentions […]
Southern Brazil is a major hub for barley production, accounting for 92% of the nation's output. This region, particularly the states of Paraná and Rio Grande do Sul, has become central to growing this winter crop. Barley ranks third in winter crop production, following wheat and oats. Apart from its key role in beer brewing […]
Chinese investments have increasingly influenced Mexico’s automotive sector, leading to a significant presence of Chinese cars in the Mexican market. Xuedong Liu, a founder of a center studying Sino-Mexican relations, notes that one in five cars sold in Mexico now originates from China. Since 2021, China has begun exporting its car brands to Mexico. These […]
Moody’s, a rating agency, has downgraded China’s government credit outlook from stable to negative. This move reflects concerns over China’s medium-term economic growth. It also highlights risks in the vast property sector. The agency cited the need for financial support to debt-ridden local governments and state firms. This necessity poses risks to China’s fiscal and […]
The European Union (EU) has recently voiced concerns about the substantial trade imbalance with China. This issue surfaces just before a key summit in Beijing. The EU favors “negotiated solutions” to this challenge. European Commission President Ursula von der Leyen, in an AFP interview, underscored the EU’s unease with the trade disparity. The EU’s trade […]
Authorities from Paraguay, Brazil, and the USA collaborated in Operation Dakovo, targeting an international arms trafficking network. The raids occurred simultaneously in these countries. A general and several high-ranking military officers were among those arrested. The National Anti-Drug Secretariat of Paraguay (Senad) conducted about 20 raids in Central and Alto Paraná. Meanwhile, Brazil’s Federal Police […]
Colombian President Gustavo Petro’s plan to enhance state control in healthcare is currently stalled in Congress. In response, his administration is seeking other ways to strengthen state influence. This move has sparked concern among the country’s major private health insurers. They assert that the government’s funding is insufficient and it has not cleared existing debts. […]
By Pratik Chougule* (Opinion) On the eve of Argentina’s presidential elections this November, diplomats in the State Department’s Office of Regional Security and Arms Transfer approved the transfer of 38 F-16s from Denmark to Argentina. The deal was motivated in part by Washington’s interest in preserving U.S. influence amid an uncertain election. As late as […]
On Tuesday morning, the US dollar rose against the Brazilian real amid a cautious global market atmosphere. Investors are closely scrutinizing Brazil's economic performance, especially its GDP growth in the third quarter. Brazil's economy expanded by a modest 0.1% during this period. This growth was surprisingly better than the 0.2% decline predicted by economists. Previously, […]
Merco, a Latin American corporate monitoring firm, has identified Natura as Brazil's leading company for attracting and retaining talent. This recognition is based on a study obtained exclusively by Bloomberg Línea. The study is a key reference for assessing employer reputations. The challenge of talent retention and attraction is significant for large companies. Many individuals […]
Renault, a renowned French automaker, announced a significant investment in its Brazilian operations on Monday. The company will invest an additional R$ 2 billion (about $408 million) in its Paraná facility. This funding is designated for producing a new C-SUV segment vehicle. This latest investment complements the funds previously allocated in 2021 and 2022. Cumulatively, […]
Brazil's economy grew marginally by 0.1% in the third quarter of 2023, as the Brazilian stats agency IBGE reported. This growth exceeded the expectations of financial experts who had predicted a 0.2% decrease. It signifies the third consecutive quarter of positive development for Brazil's GDP. Financial analysts predict a significant increase in Brazil's GDP for […]
South Korea's Defense Acquisition Program Administration (DAPA) recently chose the Embraer C-390 Millennium for its Large Transport Aircraft (LTA) II program. This program aims to provide new military transport aircraft to the Republic of Korea Air Force (ROKAF). This decision positions South Korea as the C-390 Millennium's first Asian customer. Embraer will supply an unspecified […]
Team building activities increase employee motivation and cohesion, and as a result, company efficiency. We will offer interesting ideas for team building, suitable for office corporate parties and outdoor events, on holidays and weekdays, at leisure, and during work breaks – options for all occasions, so that you can choose the best one for your […]
Mexican business leaders and academics recently introduced a new digital industrial policy. Their aim is to advance the nation’s economic and social development in the current global climate. This strategy marks Mexico’s response to the evolving international economic scene. José Abugaber, leader of Concamin, emphasized the urgency of revamping Mexico’s industrial sector. He noted the […]
Uruguay proudly launches its 2023-2024 cruise season, aiming for a historic high with 241 ship arrivals. These vessels will dock at Montevideo and Punta del Este, the country's major ports. Tourism Minister Tabaré Viera shared this exciting news, highlighting a significant boost in tourism. The announcement at the Carnival Museum near Montevideo's port emphasized the […]
Brazil is set to draw investments of over 200 billion reais (around $40.74 billion) for biofuel production and marketing by 2037. Alexandre Silveira, the Minister of Mines and Energy, confirmed this. He made the announcement on Monday, showcasing Brazil's commitment to sustainable energy. Silveira spoke about Brazil's capabilities at the "Fuels of the Future" panel […]
Brazil and Germany agreed to expand cooperation in key areas like environment, climate change, agriculture, bioeconomy, energy, health, science, technology, and more. The Brazilian Presidency made this announcement, marking a significant step in international collaboration. The agreement signing occurred at the 2nd High-Level Intergovernmental Consultation Meeting in Berlin. Key figures, including Brazilian President Luiz Inácio […]
Today, Mexico City hosts the start of the fifth round of Colombia’s peace negotiations with the ELN. This marks a continuation of discussions that began on November 30. The Mexican Foreign Ministry‘s announcement highlights the ongoing quest for peace. As the host, Mexico shows its commitment to peacefully resolving conflicts and promoting stability in Latin […]
President Daniel Noboa appointed Vice President Verónica Abad as the ambassador to Israel in Ecuador. This important role will start on December 10. She will work from the Ecuadorian office in Tel Aviv. The president’s decree, which makes this official, also details her duties and payments. This decree, shared by the Presidency, states that the […]
Chile’s President Gabriel Boric has initiated a robust anti-corruption campaign, unveiling 210 measures to elevate transparency and combat corruption. Announced on December 4, this initiative targets diverse governance aspects, including public service, resources, transparency, political practices, and the private sector. Key reforms include laws to prevent conflicts of interest and restrict nepotism in high state […]
Latin America and the Caribbean must significantly elevate their investments to meet climate goals. The United Nations (UN) has underscored the need for these regions to allocate up to 4.9% of their Gross Domestic Product (GDP) annually by 2030. This recommendation was highlighted in a report by the Economic Commission for Latin America and the […]