This week, Latin America's economic focus includes a potential rate reduction to 11.75% by Brazil's central bank. Additionally, Brazil and Argentina are releasing key October and November economic data. Argentina is also preparing for Javier Milei's inauguration and his economic strategies, potentially including currency devaluation. Argentina expects November's inflation data to show a major increase. […]
Zimbabwe’s recent discovery of natural gas at the Mukuyu-2 well in the Cabora Bassa Basin marks a significant leap in its energy sector. The Cabora Bassa Basin in northern Zimbabwe is a geologically significant area recently noted for its promising natural gas discoveries. Led by the Australian firm Invictus Energy, this exploration effort reached a […]
Venezuela's Navy is establishing a new naval base at Punta Barina, near the Esequibo region controlled by Guyana. This move, part of a broader naval strategy, was announced by Admiral Neil Villamizar Sánchez. It aims to boost maritime logistics, especially in the Orinoco Delta. The expansion involves upgrading the Punta Barima Coast Guard station into […]
Javier Milei’s journey to the presidency culminated on Sunday following his November election victory over Sergio Massa. His inauguration, held at the National Congress, began around 11:15 am, initially without Milei’s presence. Senate President Cristina Kirchner initiated the proceedings. By 11:20 am, the officials formally declared Milei as Argentina’s new leader. Milei made a grand […]
On December 14, 2023, Venezuelan President Nicolás Maduro is scheduled to meet with Guyanese President Irfaan Ali in an important meeting. This event will take place in Saint Vincent and the Grenadines. They aim to discuss a dispute. The dispute is over the Esequibo region in Guyana. The government of Saint Vincent and the Grenadines […]