Stellantis announced a $6 (RS30) billion investment in Brazil for 40 new models by 2030, including its first hybrid cars. Details for Betim, Porto Real, and Goiana are pending, highlighting Brazil's focus and an extra $400 million (R$2 billion) for Argentina. After a $3.24 (R$16.2) billion phase, Stellantis will launch four new platforms for hybrid […]
The Ministry of Tourism announced that foreign tourists contributed nearly R$4 billion (US$801 million) to Brazil's economy in January. This figure marks the highest January influx in the last decade, showing a 13.9% increase over January 2019, the year before the pandemic. The data, released on Wednesday (March 6) by the Central Bank of Brazil […]
"A third-class British colony" is what the Duke of Windsor - former King Edward VIII - called the Bahamas, who was in the archipelago from 1940 to 1945 while serving as Governor General of the island. Today, the Bahamas is the quintessential traveler's dream vacation. Tourism development is such that the country is the third […]
Rio de Janeiro, Fortaleza, and Brasilia are the country's most "dirty-mouth" capitals, according to a survey conducted by the language learning platform Preply. São Luís, in Maranhão, would be the least mouthy. The study reached this conclusion last month after collecting 1,639 interviews with Brazilians living in 15 metropolises in November. The first stage of […]
In 2023, Latin America ranked as the fourth-highest target for cyberattacks globally, with 12% of incidents, according to the IBM X-Force Threat Intelligence Index 2024. This surge in cybercrime highlights advanced campaigns specifically designed for the region. IBM's Juan Carlos Zevallos points to a widespread digital identity crisis, largely due to compromised credentials, mirroring a […]
A survey shows 60% of Brazilians believe President Lula's comparison of Israel's Gaza actions to the Holocaust was excessive. Only 28% believe Lula's comments on the Middle East conflict were appropriate, while 12% were unsure or did not respond. The Genial/Quaest poll, released on Wednesday, surveyed 2,000 people across 120 cities from February 25 to […]
In January, Brazil's industrial sector faced a 1.6% decline in output compared to the previous month, indicating a challenge in the country's economic landscape. The Brazilian Institute of Geography and Statistics (IBGE) confirmed this downturn, aligning with predictions from financial market analysts. Despite this setback, the annual comparison revealed a 3.6% growth, showcasing resilience with […]
Malaysia launches high-speed rail linking Kuala Lumpur to Singapore, aiming to shorten travel time between the cities. Initiated under Najib Razak’s leadership and halted in 2021 over financial issues, the project is back, now seeking private sector involvement. The proposal, which could reduce travel times to just 90 minutes, has attracted bids from global and […]
Tarcisio de Freitas, Governor of São Paulo and seen as a potential successor to former President Jair Bolsonaro, firmly states he has no presidential aspirations, despite public speculation. Bolsonaro's enduring influence in Brazil's right-wing politics persists amidst his legal challenges and accusations. Freitas's commitment remains with São Paulo, even as President Luiz Inácio Lula da […]
Pereira Barreto, São Paulo, temporarily closed Prainha do Pôr do Sol beach after violent piranha attacks. These incidents resulted in 15 swimmers suffering significant injuries to their extremities. The city took this step to safeguard the public after the attacks occurred over one weekend, as reported by the EFE news agency. The local government confirmed […]
Xóchitl Gálvez, representing Fuerza y Corazón por México, started her campaign notably without PRI leader Alito Moreno by her side. She quickly showed her adaptability by later joining forces with Moreno, advocating for PRI votes in a different rally. This illustrates her adeptness at handling the diverse political affiliations within her coalition, aiming to maximize […]
Ecuador plans to enhance its military by acquiring MD530F helicopters, aiming to replace its older Gazelle helicopters. This step towards modernization reflects Ecuador's commitment to boosting its defense capabilities through strategic partnerships, particularly with the United States. The MD530F, known for its light attack proficiency and antitank missile deployment, signifies a leap in operational effectiveness. […]
Today, Wednesday offers a full schedule of football action, highlighted by games from Real Madrid, Manchester City, and Botafogo. The football agenda is packed with fixtures from the Europa League, Champions League, Copa Sudamericana, and Copa Libertadores. Here’s where and when you can catch live football today: Europa League Highlights: Sporting vs. Atalanta at 14:45 […]
Brazil is on the brink of establishing regulations for artificial intelligence (AI), with a decision pending on the overseeing agency. The National Congress debates between the National Telecommunications Agency (Anatel) and the National Data Protection Authority (ANPD) for this role. Selecting the regulatory authority is key to fostering safe and efficient AI development in Brazil. […]
In February, Brazil's service sector PMI soared to a 19-month high, indicating robust economic activity. The index moved up from 53.1 in January to 54.6, showcasing the quickest expansion in nearly two years. S&P Global attributed this rise to stronger demand, aggressive marketing, and an increase in new orders. The report noted activity boosts in […]
Brazilian financial giants BTG and XP collaborate to unify Brazil’s Championship league, aiming to streamline broadcast rights and stadium advertising. This consolidation effort seeks to boost the football market’s revenue significantly. The football landscape features Liga Forte União (LFU) with 26 smaller clubs and Liga do Futebol Brasileiro (Libra) hosting 19 top-tier teams. XP, through […]
Today's financial briefing sets the stage for a bustling Wednesday filled with significant economic announcements. Domestically, the focus sharpens on the release of February's IVAR, the residential rental price index, and January's external sector stats from the Central Bank, though potential delays may arise. Adding to the significance, IBGE will unveil January's industrial production data, […]
Before ascending to Venezuela’s presidency in 2013, Nicolás Maduro served as both Foreign Minister and Vice-President under Hugo Chávez, starting his political journey in the early 2000s. By 2014, he was named among the 100 Most Influential People, and his estimated net worth exceeded $2 million. Born into a working-class family in 1962 in Caracas, […]
On March 5, President Joe Biden prolonged the emergency status for Venezuela, pointing to its risk to US security and foreign policy. Since 2015, the US has criticized Venezuela for undermining human rights, persecuting opponents, limiting press freedom, misusing violence, and rampant corruption. The White House says these issues still threaten US national security. The […]
Jeff Bezos, Amazon's founder, clinched the world's wealthiest title again with a $200 billion fortune on March 5, 2024, overtaking Elon Musk. Musk, known for SpaceX, Tesla, and X, now holds the second place with $198 billion. According to the Bloomberg Billionaires Index, this year, Bezos's wealth surged by $23 billion, while Musk's dropped by […]
In an unprecedented development, Russia and China have teamed up to build a nuclear power plant on the Moon by 2035. This project, a partnership between Roscosmos and the China National Space Administration (CNSA), aims to boost lunar research efforts that began in June 2021. The venture targets the Moon’s high-energy needs for long-term exploration […]
Pedro Sánchez, the leader of Spain's Socialist Party, begins his first Latin American trip since the start of his latest term. Starting this Tuesday, he will visit Brazil and Chile to strengthen ties with these countries. Sánchez, who started his second term in November, looks forward to meetings with Luiz Inácio Lula da Silva of […]
On March 5, 2024, Cuba reduced its street lighting by 75% due to a fuel shortage affecting its energy supply, aiming to prevent power cuts. This situation has been linked to sanctions from the past U.S. administration under Donald Trump. The Cuban leadership, under President Miguel Díaz-Canel, points to these sanctions as a key factor […]
Peru’s Prime Minister, Alberto Otárola, resigned on Tuesday following a leaked audio that suggested he might have improperly hired a young woman. Otárola told reporters he decided to quit after talking with President Dina Boluarte. He said this move aims to let the president rearrange her team and keep working effectively. The scandal surfaced when […]
On Tuesday, the Ibovespa saw a minor drop, which was primarily dragged down by a fall in Vale’s stock. This movement came as investors braced for the Federal Reserve Chair’s upcoming speech to a U.S. Congress committee. Several corporate developments influenced the Sao Paulo stock exchange as well. These included Vibra’s latest quarterly figures and […]