The Russian Navy recently welcomed the B-565 Kronstadt, a conventional submarine, marking the end of its 18-year development journey. Crafted at Saint Petersburg's Admiralty Shipyard, this vessel is the second in the Project 677 Lada class series, following the first submarine delivered in 2010. The Kronstadt stands out for its stealth capabilities, featuring advanced diesel-electric […]
A recent survey by PoderData, from January 27 to 29, 2024, found 46% of Brazilians back gay marriage. This is a 2% rise from last year. It changed the trend from January 2023, when more people opposed it than supported it for the first time. Support has been quite stable since January 2022, at around […]
Panama’s highest court confirmed Ricardo Martinelli’s sentence of over 10 years for money laundering, tied to the “New Business” case. The decision also includes a hefty $19.2 million fine against him and four others. This ruling, announced without detailed justification, follows Martinelli’s appeal and a nullification attempt, both dismissed by the court. Additionally, the court […]
Brazil's President Lula da Silva has launched a groundbreaking initiative targeting an eco-friendly transformation of the nation's auto industry. He announced an investment of 41 billion reais (about $8.2 billion), focusing on advancing green technology, including producing hybrid and electric vehicles. This announcement was made at Volkswagen's Sao Paulo headquarters, underscoring a major move towards […]
Brazil's oil and natural gas production hit a record high of 4.344 million boe/d in 2023, up 11.69% from 2022. This milestone marked the first time daily production exceeded four million barrels, the National Agency of Petroleum (ANP) reported. The report highlighted significant gains in both the oil and natural gas sectors. Oil output reached […]
Javier Milei’s “Omnibus Law” achieved initial success in Argentina’s Chamber of Deputies, signifying a pivotal moment for economic reform. This move is part of Milei’s broader strategy to revitalize an economy struggling with severe inflation, depleted reserves, and pressing debt obligations. Despite being outnumbered in the chamber, Milei’s party secured the bill’s progression with a […]
The Ibovespa dropped 1.01% on Friday, totaling a 1.38% decrease for the week. Strong US job data fueled this decline, hinting at unlikely early interest rate cuts. Speculations suggest delays might push from May to June, causing market unrest. The US added 353,000 jobs in January, surpassing the 180,000 forecast. This led to a 3.7% […]
São Paulo's street carnival is facing significant challenges this year, with over 129 carnival blocks withdrawing due to financial constraints. These groups, often from the city's outskirts, have been particularly affected by delayed sponsorship announcements, leaving them scrambling for support. Emerson Boy of the Jegue Elétrico block, a fixture for 24 years, illustrates the impact […]
Oil futures fell about 2% last Friday, following the trend of other industrial commodities. A strengthening dollar contributed to this, as expectations for a March interest rate cut diminished. The Federal Reserve’s ability to start reducing rates by May is now in question. This shift came after strong U.S. employment and consumer sentiment reports, moving […]
Following an unexpectedly robust U.S. job report, the dollar surged by approximately 1% to $4.96. This reversal came after a downtrend over three sessions, suggesting the Federal Reserve may hold off on cutting interest rates in March. Closing at R$ 4.9661, the dollar saw a 1.04% increase, cumulating a 1.12% weekly gain. The futures market […]