Climate change significantly increased the likelihood of last year's severe drought in the Amazon, a study by the World Weather Organization (WWA) reveals. This international team of scientists discovered that human-induced climate change made the drought 30 times more probable. They focused on the period from June to November. Lead author Ben Clarke explains that […]
Asia is leading a major change in capital markets by moving from traditional to blockchain-based tokens. This change is happening fast in the Asia-Pacific region. It is turning ownership rights into digital tokens. This year, we've seen more trading of stocks and bonds on the blockchain. This shows a big move from testing to regular […]
Elon Musk, Tesla’s CEO, recently pointed out the strong position of Chinese car makers. He believes that without trade limits, they could lead globally. In a Tesla earnings talk, Musk commended the Chinese car industry’s edge. He saw their global success as possible, depending on trade rules. Without these barriers, he noted, Chinese manufacturers could […]
Despite falling Chinese stocks, commodities remain strong. These markets usually follow China’s economic health closely. China buys more raw materials than any other country. Its ongoing real estate issues usually hit its economy hard. Yet, as the CSI 300 index reached a five-year low, metals prices stayed steady. Copper prices haven’t changed much recently. Iron […]
In today’s dynamic global market, it's crucial for investors and business experts to stay updated on economic indicators and corporate changes. The U.S. economy, company earnings, and major industries greatly affect global financial trends. This report gives a clear overview of the market's current situation, highlighting vital economic figures and significant corporate earnings. 1. U.S. […]
In 2024, Bolivia aims to probe for rare earth elements, crucial for technology and defense. The focus will be on Cochabamba, Potosí, and Santa Cruz. The initiative reflects a strategy to meet global demand for these tech essentials. These 17 elements, including neodymium and lanthanum, enhance modern devices and green technologies. Neodymium, vital for compact […]
(Opinion) Guinea-Bissau and Brazil share historical connections from the Portuguese colonial period. Since its 1973 independence, Guinea-Bissau has experienced political challenges, including a civil war in the late 1990s. Umaro Sissoco Embaló, elected in 2020, faced controversy. His actions after the 2023 parliamentary elections, where he didn’t recognize the opposition’s victory and dissolved the Parliament […]
The US Ambassador to Argentina, Marc Stanley, recently met with Argentina's Defense Minister, Luis Petri. This meeting marks a new era in US-Argentina defense relations. Argentina's government, under Javier Milei, is now closely aligning with the US in foreign and defense policies, moving away from previous engagements with China and BRICS countries. Argentina's challenging economic […]
The Brazilian Development Bank (BNDES) is set to invigorate Brazil's shipbuilding industry with an R$2 billion ($404 million) investment from the Merchant Marine Fund (FMM). Unveiled on January 24, 2024, in Rio de Janeiro, the 'BNDES Blue' initiative aims to boost the sustainable ocean economy, including the Marine Spatial Planning (PEM) project to enhance marine […]
Chinese President Xi Jinping is set to make a state visit to Brazil in November, alongside his participation in the G20 summit. This visit, eagerly anticipated by Brazil, symbolizes mutual respect and follows Brazilian President Luiz Inácio Lula da Silva’s trip to China in April 2023. 2024 marks the 50th anniversary of Brazil-China diplomatic relations, […]