Peru and China have initiated discussions to enhance their military relationship, marking a significant shift in South American geopolitics. A six-member Chinese military delegation visited Lima to engage with Peruvian defense officials. Their talks focused on joint military exercises and training programs to fortify bilateral military ties. Chinese Brigadier General Song Yanchao and other high-ranking […]
In 2023, Brazil's aviation industry faced challenges integrating budget airlines into its domestic market, a trend also observed across Latin America. The Brazilian government aimed to reduce air travel costs but encountered obstacles due to the country's high operational expenses, especially labor and legal costs. The National Civil Aviation Agency (ANAC) highlighted the necessity for […]
In 2023, Brazil's agribusiness sector reached a landmark, exporting a record $166.6 billion worth of goods. This impressive amount accounts for 49% of the nation's total exports for the year. According to the Ministry of Agriculture and Livestock, this represents a significant growth of $7.68 billion, or 4.8%, compared to the previous year. The grain […]
This Saturday, Iran marked a significant achievement in its space program by launching the “Soraya” satellite into a 750-kilometer orbit using the Qaem 100 rocket. This satellite, managed by the Iranian Space Agency, signifies Iran’s highest orbital accomplishment, surpassing the previous 500-kilometer record. Iran’s successful launch of Soraya using a three-stage solid fuel rocket marks […]
In January 2024, live cattle prices in Brazil averaged around R$ 250 per arroba, with the Cepea/B3 indicator decreasing slightly by 0.48%. Researchers from the Center for Advanced Studies in Applied Economics (Cepea) note uncertainty in the sector regarding supply due to climatic issues. Meanwhile, domestic demand continues at a stable pace, and exports are […]
On Friday, Magazine Luiza and Natura spearheaded a significant rally in Brazil's stock market, countering the downturn in Petrobras and Vale shares. This surge was significant, especially considering the challenging market conditions on a day marked by option expirations. The initial outlook appeared bleak, but the market managed to rebound impressively. Magazine Luiza, a key […]