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«The Rio Times»
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2024

Новости за 04.03.2024

Airlines Boost Global Travel Choices to and From Brazil

«The Rio Times» 

Emirates has advanced the launch of its fifth weekly flight from Rio de Janeiro to Dubai to November 3rd, earlier than its initial December 8th plan. This move expands the travel options for Brazilian travelers, offering five direct flights a week to Argentina's capital starting November 2nd. The service, utilizing Boeing 777-200LR aircraft, provides both […]

Costa Rica’s Golfo Dulce: A Paradise of Biodiversity and Eco-Tourism

«The Rio Times» 

Costa Rica's Pacific coast is home to Golfo Dulce, a globally rare tropical fjord renowned for its biodiversity and appeal to tourists and researchers. Stretching over 55 kilometers, this tranquil sanctuary supports diverse species like humpback whales, whale sharks, and dolphins, captivating thousands of visitors each year. Piedras Blancas NP and Golfito NWR harbor diverse […]

Argentina’s Record Food Inflation Surges Ahead

«The Rio Times» 

As 2024 begins, Argentina’s food inflation hits a historic high compared to Latin America. This rise stems from the previous government’s vast money printing and price adjustments by Javier Milei’s team, as Fundación Mediterránea notes. From 2019 to 2022, food inflation sped up across Latin America. The rate grew from a 0.3% monthly median to […]

Growing Disapproval for President Boric in Chile

«The Rio Times» 

Recent polls reveal an increase in disapproval ratings for Chilean President Gabriel Boric by late February. This rise highlights the hurdles his government faces as it aims to advance key reforms. Now, 66% of voters express dissatisfaction with Boric’s leadership, a peak not seen since September. This figure is up from 61% just a week […]

Colombia Revamps Government for Economic Overhaul

«The Rio Times» 

Colombia’s President Gustavo Petro is making bold moves. He aims to change the nation’s economy fundamentally. For this, he has been changing his team, letting go of many experienced ministers and experts. This is a pivotal moment for Colombia. Petro, the first leader from the left in a mostly conservative country, promised big changes. Now, […]

The Cultural Shift: Latin America’s Right-Wing Leaders Reject Gender Perspective

«The Rio Times» 

In Latin America, a significant shift is underway as right-wing leaders, like Argentina's Javier Milei and El Salvador's Nayib Bukele, pivot away from gender-perspective policies. Milei's administration aims to roll back a decade of equality efforts, challenging the recognized gender pay gap and downgrading the Ministry of Women, Genders, and Diversity. A notable step includes […]

Unveiling 2024’s Latin American Stock Market Trends

«The Rio Times» 

In 2024, Latin America's stock markets will show varied trends. Brazil's Ibovespa and Mexico's S&P/BMV IPC index declined by 3.85% and 3.44% respectively. Peru, Argentina, Chile, and Colombia's stock exchanges recorded gains between 4.07% and 9.14%, Bloomberg reports. This period of fluctuation coincides with significant gains in U.S. markets, driven by tech companies and artificial […]

Milei Champions Military Revival in Argentina

«The Rio Times» 

Argentine President Javier Milei, in his Congress-opening speech, highlighted the challenges facing Argentina's defense forces. Milei underscores the military's dire financial situation, lacking resources, readiness for evolving global threats, and global peace. This underfunding and discredit, he argued, not only reduce Argentina's global standing but also compromise its territorial protection. Defense Minister Luis Petri supported […]



Brazil Eyes Hydrogen Leadership

«The Rio Times» 

Brazil is set to become a major hydrogen producer, aiming for an annual output of 1.8 billion tons. This goal was discussed in a public hearing with the Infrastructure Services and Environment Committees on February 27, 2024. They examined strategies to enhance Brazil's market position, support the energy transition, and reduce emissions, targeting climate neutrality […]

Under Bolsonaro, Convicts Received Army Weapon Licenses

«The Rio Times» 

Brazilian Army granted CAC licenses to convicted individuals, including drug traffickers, murderers, and those with active arrest warrants. TCU report shows Bolsonaro's push for more CAC registrations, impacting firearm control from 2019 to 2022. The TCU document, spanning 139 pages, discloses that 5,235 individuals under sentence managed to secure, renew, or keep their registration certificates […]

Brazil’s Avian Flu Cases Surge to 158

«The Rio Times» 

Brazil recently confirmed three additional cases of avian flu, as reported by the Ministry of Agriculture, Livestock, and Supply. On March 2nd, two cases emerged in Rio de Janeiro and one in Espírito Santo. Specifically, one Common Tern in Piúma, Espírito Santo, and two in Rio de Janeiro were found to have the disease. This […]

Japan’s Nikkei Index Soars Above 40,000 in Historic Rally

«The Rio Times» 

The Nikkei Index in Japan recently achieved a significant milestone, closing above the 40,000-point mark for the first time since the bubble economy peak in 1989. This remarkable achievement highlights the strong performance of the Japanese stock market and reflects broader economic optimism. The index surpassing 39,000 points on February 22, 2024, and continuing upward […]

Right-Wing Pride Grows in Brazil

«The Rio Times» 

Over the last decade, the University of São Paulo (USP) has observed Brazil's political dynamics. They've seen a clear trend: right-wing protests are becoming more ideologically consistent. This trend was evident at a recent rally for ex-President Jair Bolsonaro, under investigation for potential coup involvement. The USP's Public Policy Group for Access to Information (GPoPAI) […]

JPMorgan Foresees Up to 33% Decline in Bitcoin Value Post-April Peak

«The Rio Times» 

Bitcoin’s recent excitement is partly due to new Bitcoin ETFs and an upcoming “halving” event in April. This event is set to slash the Bitcoin supply by half, potentially lifting its price. The halving will also cut the rewards for miners, affecting their profits as costs rise. Business Insider reports that JPMorgan views this event […]

NFL Contemplates Business Model Shift, Wall Street Stands to Benefit

«The Rio Times» 

The NFL team ownership landscape, distinct from other U.S. sports, may soon evolve. Unlike the NBA, where players often eclipse owners in visibility, NFL team owners are well-known figures among fans. Traditionally, NFL franchises have been family treasures, passed down through generations. Yet, this could change as the league opens doors to institutional investors like […]

Indonesia’s Economic Ascent

«The Rio Times» 

Indonesia, home to the largest Muslim population, aims to rank among the world’s top five economies. This ambition seems on track. Since 2014, Indonesia ascended to 7th largest economy by PPP under Joko Widodo’s presidency, says IMF. It is poised to overtake Russia by 2027. In addition, the nation aspires to become a high-income country […]

Opinion: Brazil Faces Historical Rewrite in Corruption Fight

«The Rio Times» 

(Opinion) A decade after its initiation, the current court decisions surrounding Operation Car Wash have the potential to reshape our perception of the past. These shifts pose a significant challenge to Brazil’s battle against corruption, a matter of increasing concern among Brazilians today. This should matter to President Luiz Inácio Lula da Silva, especially given […]

Brazilians Doubt Supreme Court’s Car Wash Ruling

«The Rio Times» 

A Genial/Quaest survey from March 3, 2024, shows 74% of Brazilians believe the Supreme Federal Court's (STF) decision to annul Operation Car Wash penalties may boost corruption. This view contrasts with 14% who disagree and 12% unsure or silent. Researchers asked 2,000 people, aged 16 and up, for their opinions between February 25 and 27, […]

Haiti Sets Curfew After Jail Breaks

«The Rio Times» 

The Haitian Government declared a state of emergency and a curfew for 72 hours starting Sunday, March 3, 2024. This affects the West Department, home to the capital. Officials made this move due to increasing safety concerns in Port-au-Prince’s metro area. On Saturday, armed groups attacked two prisons in the capital. This led to fights […]





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