President Gustavo Petro’s government is now at a crucial point, facing the task of pushing through three major social reforms in Congress over the next four months. The administration is determined to rally enough support in both the Senate and the House. The health reform, Petro’s main legislative focus, faces a tight deadline of June […]
San Francisco’s transformation into a leading artificial intelligence (AI) hub marks a significant turnaround from pandemic-induced doubts about its future. After facing challenges like tech exodus due to strict lockdowns, the city is now at the forefront of an AI-driven revival. This shift underscores the enduring allure and dynamism of San Francisco, dispelling earlier narratives […]
In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence. The Africa CDC spearheads this effort, transitioning Africa from a small to a significant pharmaceutical contributor. Prompted by COVID-19’s challenges, the initiative stresses the necessity for Africa’s own production capacities. The 2021 Partnerships for African Vaccine […]
The global water crisis is worsening, putting human health, economic activities, and worldwide stability at risk. The UN World Water Development Report outlines a dire scenario: up to three billion people face annual water shortages. Without stronger global teamwork, urban dwellers, especially, could see their numbers double by 2050 due to droughts and ecological strains. […]
The International Court of Justice (ICJ) has started a crucial examination of Israel’s occupation of Palestinian territories. This development follows a December request by the United Nations General Assembly for the ICJ to evaluate the ongoing conflict between Israel and the Palestinians. The hearings, set to occur in The Hague, aim to collect diverse viewpoints […]
In Brazil, the First Command of the Capital (PCC) and Red Command (CV) target city governments for profitable contracts. PCC has evolved from a notorious Brazilian prison gang into a powerful criminal organization. It engages in drug trafficking, money laundering, and exerts significant influence inside and outside Brazil's prisons. Operating mainly in Rio de Janeiro, […]
In 2023, Brazil's economy expanded by a modest 2.45%, according to preliminary data from the Central Bank. Experts and officials eagerly await the full report from the Brazilian Institute of Geography IBGE and Statistics, due on March 1. Market pundits expected the growth might reach 2.92%. The Ministry of Finance and the Central Bank even […]
In a significant diplomatic move, the Israeli government has shifted its protocol to hold a meeting with the Brazilian ambassador at the Holocaust Museum in Jerusalem. Israel Katz, the Israeli Foreign Minister, has called for an official apology from Brazil's President Luiz Inácio Lula da Silva following his controversial remarks about Israel. Lula's comparison of […]
In 2023, China’s foreign direct investment (FDI) plummeted to its lowest level in 30 years, reaching only $33 billion. The decline was sharp, showing a drop of 80% from the year before. It fell far from the high of $344 billion in 2021. This marked a second year of falling investments. It points to serious […]
In the past two decades, Brazil's rural areas have seen a decline in population at almost twice the rate of the global average. The World Bank reports a 33.8% reduction in the rural population of Brazil from 2000 to 2022, outpacing the global figure of 19.2%. Gerson Teixeira of the Brazilian Association for Agrarian Reform […]
Spain recently dispatched the naval vessel Furor from Cartagena Arsenal, heading for the Gulf of Guinea with a 74-member crew. In the next four months, it'll visit African ports: Ivory Coast, Gabon, Nigeria, Ghana, Angola, Cameroon, Senegal, Mauritania. The mission aims to combat piracy and sea theft, safeguarding Spain's maritime community and access to vital […]
Honduras’ CNBS has set a ban on banks dealing with cryptocurrencies. This rule announced on Friday but effective Monday, stops financial institutions from using cryptocurrencies and related assets. The ban is immediate, blocking these entities from transactions, investments, or holding any digital currencies not sanctioned by the Central Bank. Though crypto platforms are active in […]
The global medical tourism market is booming, driven by the search for cost-effective, high-quality healthcare abroad. India, Brazil, and Thailand lead with their advanced, affordable medical services. From $17.69 billion in 2023, the market is projected to soar to $48.66 billion by 2032, growing at an 11.9% annual rate. Globalization, digital advances, and high healthcare […]
In 2023, Mexico set a new record in tourism revenue, achieving $30.809 billion. This milestone represents a 10% growth over the previous year and a 25.4% rise from 2019's figures before the pandemic hit. The National Institute of Statistics and Geography (Inegi) provided these . . . To read the full NEWS and much more, […]
Peru hosts the world's hottest river, a remarkable geothermal wonder. In the Amazon region, this site holds sacred significance for locals. The BBC reports temperatures reaching up to 90°C, attracting tourists globally. Known as Shanay-Timpishka, or "heated by the sun" in Asháninka, its temperatures can soar near 100°C. Scientist Andrés Ruzo highlights this in the […]
The public sector is a key employer in Latin America, offering many formal jobs. Its role raises two questions. First, how much does it contribute to regional jobs? Second, what costs come with it? Andrés García, a university professor, shares insights. He notes that job levels vary across countries. Brazil, Costa Rica, and Chile see […]
Volkswagen’s Mexican branch revealed on Friday a significant investment of approximately 1 billion US dollars. This marks the second installment of the German automaker’s investment aimed at expanding its electric vehicle operations at its existing facility in Central Mexico. The company did not specify which types of electric vehicles would be produced at its extensive […]
In São Paulo's Ilhabela, a yellow Ferrari-like boat amazed both locals and tourists. This aquatic car signals a new luxury trend that began in Dubai and is now captivating Brazil. Wealthy individuals find these vehicles increasingly attractive, bringing a new vibe to the country's shores. Entrepreneurs with vet hospitals and fashion stores, Pereira and Souza […]
In 2020, experts predicted a downturn for office spaces. Yet, in Brazil, the tech and finance sectors quickly adapted to remote work. A notable case was XP Inc., leaving its São Paulo offices for a rural project. Despite this, CBRE, a top real estate firm, argued against the decline of São Paulo's Faria Lima district. […]