In 2024, Paraguay distinguishes itself as the pinnacle of affordability in South America, captivating a global audience of expatriates and investors with its significantly low cost of living. According to Numbeo's comprehensive analysis, living costs in Paraguay are, on average, 62.5% lower than those in the United States. This includes a remarkable difference in rent […]
Aruba is considered the greenest, most sustainable island in the Caribbean, and it is not just because of the hotel industry, led by the carbon-neutral Bucuti & Tara Beach Resort. On the island, the protection of nature and the preservation of biodiversity are the highest priority. The best example is Arikok National Park, which covers […]
In a time when exploring the world doesn't have to break the bank, Bolivia shines as the world's second most affordable travel destination, ranked by "Conocer" just behind Vietnam This recognition highlights Bolivia's appeal not just for its affordability but also for its rich cultural and natural offerings. Travelers can enjoy Bolivia's stunning diversity without […]
The global trade landscape is witnessing a pivotal shift, with Mexico becoming a key channel for Chinese products destined for the U.S. market. In the context of tense U.S.-China trade relations, this shift places Mexico as the U.S.’s top trade partner, surpassing China for the first time in years. The global pandemic has highlighted a […]
Botafogo secured their spot in the 2024 Libertadores group stage this Wednesday, making it 31 out of 32 teams now decided for the tournament. The draw for the group stages is scheduled for next Monday at the Conmebol headquarters in Luque, Paraguay. Nacional (URU) and Always Ready (BOL) will compete for the final spot on […]
Saudi Arabia, rich in $2.5 trillion worth of minerals, is focusing on Africa’s mineral wealth to support its Vision 2030 goal and fuel its green energy transition. This vision includes becoming a global center for mineral refinement and processing, with a keen interest in African resources. Khalid al-Mudaifer, the Vice Minister for Mining, outlined to […]
In 2023, Arena MRV secured the prestigious “Stadium of the Year” title from Stadium DB, a prominent online platform focusing on football stadiums worldwide. This honor places Arena MRV at the forefront of global sports venues, marking it as the year’s most distinguished stadium. Interestingly, it stood as Brazil’s lone entry in this global competition. […]
The Brazilian Central Bank has been awarded the title of "World's Best" by Central Banking magazine, recognizing its financial autonomy, established by law in 2021, and its effective monetary policy during the pandemic and in combating inflation. The bank played a crucial role during the COVID-19 crisis. It conducted operations in national and international markets, […]
In the 2000s, Prime Minister Junichiro Koizumi charted a course for Japan to excel in intellectual property (IP), aiming to propel the nation out of its economic troubles from the 1990s. The plan was comprehensive, emphasizing the creation, protection, and utilization of IP, with academia positioned at the forefront of this transformation. Despite these high […]
Ecopetrol SA, Colombia’s state-owned oil company, is at a crossroads as board members question President Gustavo Petro’s nominee choices amid his push for greener policies. Governance Committee voices concerns: Petro’s nominees lack requisite experience for board roles among the company’s proposed candidates. This standoff reflects wider debates over Petro’s ambition to reduce Colombia’s fossil fuel […]
Venezuela's military has recently enhanced its air defense system by adding the Chinese Skyfend Hunter SHH100, an advanced anti-drone technology. This move, announced by Venezuela's Integral Aerospace Defense Command (CODAI), highlights a significant leap in countering UAV threats. The specifics of the number of Hunter SHH100 units provided to the Air Defense Brigades remain undisclosed. […]
In Chile, a rising wave of crime prompts mayors from various political backgrounds to seek military help. This call for action occurs as President Gabriel Boric marks his term’s midpoint. Maipú Mayor Tomás Vodanovic’s discussion with Interior Minister Carolina Tohá about local safety issues sparked this debate. They specifically addressed a Venezuelan ex-military dissident’s discovery […]
Brazil's Ministry of Finance is refining a tax relief proposal focused on smaller municipalities, setting the eligibility cap at cities with up to 50,000 residents. This adjustment significantly narrows the original plan's scope, initially set to benefit cities of up to 156,000 people. In parallel, the government proposes a Refis program to aid municipalities struggling […]
(Analysis) Luiz Inácio Lula da Silva’s third presidential term marks a decisive shift in Brazil’s economic direction, with a pronounced emphasis on government intervention. This strategy has impacted major corporations like Petrobras and Vale, sparking concerns about investment slowdowns and Brazil’s economic growth. Lula’s administration aims to reshape the economic landscape through Central Bank autonomy […]
In February, the B3, Brazil's stock exchange, experienced a significant trading volume increase of 15.7% from January, reaching an average daily volume of R$26.022 billion. This growth occurred even though there was a slight 1.7% decrease compared to the same month last year. The number of individual investors saw a minor decrease of 3.4% year-over-year, […]
In 2023, Petrobras marked itself as the world’s fourth-highest-earning oil company, boasting profits of $24.9 billion. This achievement came even as its earnings dipped from the prior year, moving it up the profitability ladder among global oil giants. Petrobras stood out among state-owned entities, securing second place, right after Saudi Aramco. The Saudi powerhouse topped […]
In 2023, Microsoft took the lead as the highest dividend-paying company globally, outdoing Apple. This finding comes from the Janus Henderson International Dividend Index, which was published on March 13, 2024. The study examines the world’s largest 1,200 companies by market capitalization quarterly, accounting for 90% of global dividends. Other leading firms in the dividend […]
This Thursday, the stock exchanges will closely examine January’s retail data from Brazil’s IBGE and the US. These figures stand as today’s economic focal points. Ever wonder what drives expert investment choices? By subscribing, get insights from analysts and managers via Financial Insights. Earnings announcements from Lojas Renner, Cyrela, and Yduqs merit attention. Additionally, the […]
This Thursday, the third round of the Copa do Brasil and the second legs of the Europa and Conference League Round of 16 will be played. In the Copa do Brasil, Corinthians faces São Bernardo, aiming for a spot in the next round. Having exited the Paulistão quarterfinals, the team now focuses on the national […]
On Wednesday, Argentina unveiled a rule change allowing federal forces to use guns in violent incidents. This includes arresting those who resist or try to escape. The move aims to tackle the recent wave of violence in Rosario. Security Minister Patricia Bullrich explained, "Guns are used when officers or citizens are in immediate danger from […]
Yesterday, Brazil's government initiated efforts to increase its agricultural exports to Africa and India amid stalled trade discussions with the European Union. Carlos Fávaro, the Minister of Agriculture, highlighted this strategic pivot. Fávaro revealed plans for a large business mission to India, led by President Luiz Inácio Lula da Silva. This mission, involving over 300 […]
Brazil just launched a groundbreaking effort, with the National Bank for Economic and Social Development (BNDES) spearheading a new Climate Fund. As the bank announced, this initiative will channel up to 10.4 billion reais ($2.09 billion) into reducing carbon emissions, believed to combat climate change. BNDES shared in a statement that it would back projects […]
Fitch Ratings recently adjusted its forecast for Mexico’s economic growth in 2024, reducing it from 2.4% to 2.2%. This update reflects broader expectations of a slowdown in 2025, closely mirroring the economic outlook in the United States. The agency’s revision stems from a detailed analysis forecasting a 2.0% growth for Mexico’s economy. This growth […]
Yesterday, the Mexican peso reached its highest exchange rate compared to the US dollar since the end of July 2023 This surge comes as the US currency weakens and oil prices soar, say experts and Mexico’s central bank, Banxico. The peso’s closing rate hit 16.6759 per dollar, marking its best performance since July 28 last […]
The U.S. dollar’s value against the Brazilian real remained stable after recent U.S. inflation figures came out. Investors eagerly awaited these numbers to gauge the Federal Reserve’s next moves regarding interest rate adjustments. Closing at 4.9745 reais in the interbank market, the dollar’s minor drop of 0.01% underscored the market’s calm reaction. Similarly, on the […]