Mexico’s future leader faces the critical task of tackling the nation’s escalating water scarcity in the capital. Industry leaders and water associations call for reversing government budget cuts in water management. They suggest an annual investment of MXN 140 to 160 billion (approximately $8.3 to $9.4 billion). Raúl Rodríguez Márquez of the Water Advisory Council […]
This weekend marks the second race of the 2024 Formula 1 season, setting the stage for thrilling competition. Reigning champion Max Verstappen kicked off the season with a victory last Saturday, followed by teammate Sergio Perez and Ferrari’s Carlos Sainz. After completing the initial free practice sessions, Verstappen and Fernando Alonso lead the standings. Drivers […]
Starting March 10th, Aeromexico and ITA Airways have initiated a codeshare deal, expanding travel networks and benefits for passengers between Mexico and Italy. This collaboration connects Aeromexico passengers to 15 Italian cities from Rome's Fiumicino Airport and ITA Airways passengers to 28 Mexican destinations. The deal simplifies travel with one ticket to popular cities like […]
Cuba is currently grappling with a severe energy crisis, as detailed in a revealing report by the NGO Cuba Siglo 21. This crisis, years in the making due to neglected maintenance, has reached a critical point where the island’s outdated power infrastructure needs an extensive and costly overhaul. Estimated to require between six and ten […]
Hong Kong is set to enhance its national security framework with new legislation, expanding on the stringent measures introduced by Beijing in 2020. This move, primarily aimed at filling legal gaps, particularly targets “soft resistance” and seeks stricter internet regulation, a response to the pro-democracy protests of 2019. Article 23 will broaden laws to combat […]
Next week, the U.S. House of Representatives will vote on a crucial bill targeting TikTok. The bill demands ByteDance, TikTok’s Chinese owner, sell its shares within six months to avoid a ban. Named the Protecting Americans from Foreign Adversary Controlled Applications Act, this move reflects growing concerns over TikTok, which serves about 170 million U.S. […]
Recent research offers a promising outlook in the battle against HIV, especially for newborns. Initiating antiretroviral therapy (ART) within 48 hours of birth has been shown to potentially lead to a state where the HIV virus becomes undetectable in the bloodstream. This innovative approach hints at the possibility of long-term remission or even a functional […]
(Opinion) The State of the Union, where the President shares priorities, stands as a highlight of the U.S. legislative calendar, blending politics with pageantry. From Rashida Tlaib’s tearful Gaza moments to George Santos’ lighter instances, reactions range from applause to silence or booing. This year’s focus was on Gaza, prompting President Joe Biden to call […]
In Santos, São Paulo, near a crucial international drug trafficking port, Slovenian Dejan Kovac was shot dead in early January. The incident revealed Kovac, with his Brazilian family, was Darko Geisler Nedeljković, a Serbian hitman hiding in Brazil. This case highlighted the evolving landscape of criminal syndicates in Brazil, challenging the long-established dominance of Italian […]
On Wednesday, the Brazilian Development Bank (BNDES) and the Asian Infrastructure Investment Bank (AIIB) teamed up to invest in Brazil's clean energy. They're targeting infrastructure, climate, trade, and connectivity enhancements. Aloizio Mercadante, the BNDES President, noted Brazil's G20-leading clean energy sector. He highlighted the goal of drawing more investment and boosting the industrial sector. BloombergNEF […]
NightVision Lasers Spain (NVLS) stands out globally for its night vision technology, showcased at the Enforce Tac police trade fair in Nuremberg. NVLS, with production near Madrid, crafts various night vision devices, including monoculars, binocular goggles, and the high-tech Maximus model. These innovations provide military users, whether on the ground, in vehicles, or airborne, the […]
(Analysis) President Dina Boluarte’s term has been a rollercoaster since assuming office 15 months ago, without winning widespread support among Peruvians. Her leadership faced its toughest test from late 2022 to early 2023, with massive protests demanding early elections. Alberto Otárola stood as Boluarte’s chief defender during this period, especially after she succeeded Pedro Castillo […]
Gisela Sánchez, CABEI’s new president, plans to revise lending policies, halting loans to Nicaragua and El Salvador. Historically, Nicaragua and El Salvador, led by criticized governments, received significant funding, raising concerns about CABEI’s direction under Dante Mossi. Sánchez’s initiative aims to balance the portfolio, moving away from Mossi’s controversial policies. She emphasized a need for […]
US Congress has called Brazilian politicians and journalists for a hearing by the Human Rights Committee on March 12. The session, titled "Brazil: A Crisis of Democracy, Freedom, and Rule of Law?" seeks insights into Brazil's current political climate. Gustavo Gayer (PL-GO), a Federal Deputy, shared his invitation online, planning to present evidence of democracy's […]
Petrobras (PETR4) on Thursday outlined plans to issue regular and extraordinary dividends for the final quarter of 2023. The board's endorsement of this proposal precedes a shareholder vote scheduled for April 25. The oil corporation aims to disburse R$ 14.2 billion ($2.87 billion) in dividends as part of a remuneration policy that commits to distributing […]
Today's financial update shines a light on the stock market's response to Petrobras' (PETR4) earnings report and the anticipation for the U.S. February unemployment figures. Petrobras (PETR4) has revealed a proposal to pay out R$ 14.2 billion ($2.87 billion) in dividends for the fourth quarter of 2023, pending a shareholder vote on April 25. This […]
In a dramatic rise, Brazilian farmers filing for judicial recovery increased by 535% in 2023, reaching 127 requests from just 20 in 2022. This surge, particularly sharp in the last quarter with a 62% increase to 47 requests, underscores the agricultural sector's growing financial challenges. Mato Grosso led with 43 cases, followed by Goiás, Minas […]
Vasco advanced in the Copa do Brasil by beating Água Santa in a penalty shootout following a 3-3 draw at São Januário Stadium on Thursday. Starting strong, Vasco was up 2-0 by halftime but saw Água Santa fight back to lead in the second half. Lucas Piton’s late goal took the match to penalties, where […]
Brazil's leader, Luiz Inácio Lula da Silva, has committed about 23 billion reais (4.6 billion dollars) to enhance health, education, and social infrastructure. This investment is a key part of the New Growth Acceleration Program (PAC). This initiative plans to invest 1.7 trillion reais ($340 billion) across all states in Brazil. At a Brasilia event, […]
Venezuela’s National Electoral Council (CNE) has called for international groups to monitor the presidential election slated for July 28. Elvis Amoroso, the council’s head, shared this update with the media on Thursday. Amoroso named the Community of Latin American and Caribbean States (CELAC), the BRICS consortium (encompassing Brazil, Russia, India, China, and South Africa), the […]
Ecuador’s leader, Daniel Noboa, has renewed the emergency state for 30 more days to tackle the surge in violence and criminal acts. The Presidency announced this through a decree, aiming to calm the severe unrest and conflicts within the country, including its prisons. First set on January 8 for a two-month period after violence spiked […]
On Thursday, U.S. stock markets closed higher, with the S&P 500 setting a new record for daily closing highs, driven by gains in the technology sector. This rally came after Jerome Powell, Chair of the Federal Reserve, indicated potential interest rate reductions later in the year. The Dow Jones Industrial Average grew by 0.34%, closing […]
On Thursday, the Ibovespa, Brazil's benchmark stock index, dropped by 0.43%, closing at 129,339 points. This decline occurred despite a notable 1.80% increase in iron ore prices and uplifts in New York's stock exchanges. The fall was notably influenced by Petrobras (PETR4) shares, which decreased by 1.10% due to the international downturn in oil prices. […]
Ahead of Portugal's parliamentary elections this Sunday, André Ventura, the right-wing Chega party's leader, has targeted Brazil's President Luiz Inácio Lula da Silva with a bold statement. At an Olhão, Algarve rally on Thursday, Ventura promised to prevent Lula from entering Portugal on April 25 if Chega wins. Invited for the 50th anniversary of the […]
Beginning May 1st, LATAM Airlines will ramp up its services between São Paulo's Guarulhos International Airport and Madrid, Spain, increasing the frequency of weekly flights from 7 to 11. This strategic move significantly enhances Brazil's global connectivity and responds to the increasing demand for travel between these two bustling cities. The updated flight schedule adds […]