Thursday saw European stock markets close with gains. London’s market notably surged after the Bank of England (BoE) Governor, Andrew Bailey, hinted at a positive shift towards interest rate cuts. This announcement sparked optimism, pushing the FTSE index to an 11-month peak. Concurrently, Frankfurt’s exchange hit a new high. The positive trend mirrored Federal Reserve […]
Brazil's generosity extends to waterfalls, among them the towering Fumaça Waterfall in Chapada Diamantina, Bahia. With its 340-meter drop, it promises an exhilarating experience. Boca da Onça wells in Bonito (Mato Grosso do Sul) are perfect for diving. Caracol waterfall in Canela (Rio Grande do Sul) can be enjoyed from the belvederes or aboard cable […]
This Thursday marks a pivotal moment for Costa Rica as it unveils an unmatched semiconductor industry roadmap in the region. This plan, a first in Latin America, sets out timelines and appoints key officials. Its goal is to transform the nation into a regional semiconductor nucleus. This initiative is crucial for drawing new investment, fostering […]
Globant, an Argentine tech firm, has allied with Nvidia, a U.S. processor giant. Globant’s CEO, Martin Migoya, announced this. They aim to boost Globant’s AI platform. GeneXus, a Globant branch, will use Nvidia’s AI tech. This tech is like an AI operating system. It has tools for managing language models and putting them to work. […]
São Paulo's Barra Funda district in the city center witnessed a remarkable doubling of its population within ten years. However, the Paraisópolis favela, another district, saw the most substantial numeric growth, adding 41,000 residents. Despite an overall modest increase of 0.15% in São Paulo's population over a decade. The 2022 Census of the Brazilian stats […]
On March 20, 2024, Argentina, under President Javier Milei, signaled its intent to buy F-16 fighter jets from Denmark, marking a strategic shift in military procurement. Milei used platform X to hint at this development, indicating a move away from a previous plan to acquire JF-17 fighters from China. Speaking to La Nación, the Ministry […]
EFTA nations, comprising Iceland, Liechtenstein, Switzerland, and Norway, are actively pursuing a trade agreement with Mercosur during their discussions in Brazil. This collaborative effort aims to enhance economic relations and trade between the two blocs. The EFTA countries, consisting of Europe's wealthiest nations like Norway and Switzerland, operate independently of the European Union and enjoy […]
In 2023, Latin America uniquely witnessed a decline in Ultra-High-Net-Worth Individuals (UHNWIs), those with over $30 million in assets. This stood in contrast to North America and the Middle East, which saw growth. Knight Frank's analysis indicates this reflects wider economic, social, and political challenges in the region, including economic slowdowns, high inflation, and social […]
India has entered the race for deep-sea mining, applying for two licenses to extract critical metals like cobalt, copper, manganese, and nickel from the ocean floor. These metals are pivotal for the green energy transition, fueling technologies such as electric vehicle batteries and solar panels. The U.N.’s International Seabed Authority, overseeing the industry, issued 31 […]
The Nikkei Stock Average reached new heights, driven by the Bank of Japan’s policy adjustments and positive U.S. Federal Reserve feedback. Investors, encouraged by these developments, shifted towards riskier assets. On a notable day, the Nikkei jumped 812.06 points, a 2.03% increase, closing at 40,815.66 and touching an intraday peak of 40,823.32. Major companies like […]
In a new development, Niger’s junta ended a U.S. military agreement, marking a significant shift in Sahel’s alliances and security landscape. Niger holds strategic importance for the West due to its vast uranium deposits and key role in counter-terrorism efforts in the Sahel region. This decision impacts two significant U.S. bases in Niger, established for […]
On February 21st, the Brazilian Navy, together with SIATT, marked a pivotal achievement by launching the MANSUP missile. The event underscores Brazil's dedication to strengthening maritime defense and technological independence, exemplified by the trial launch from the "Defensora" Frigate. Successful MANSUP missile testing marks a major step in equipping Brazilian naval vessels like the Tamandaré […]
Today’s soccer scene features thrilling matches, including Portugal vs. Sweden in a friendly match and Greece taking on Kazakhstan in the Euro Cup qualifiers. Notably, Italy’s friendly against Venezuela also captures attention. The day’s lineup is further enriched by matches in the Ecuadorian Championship, the Catarinense Championship, the Nations League, and the Northeast Cup. Live […]
This year, Lollapalooza boasts headliners such as Blink-182, Kings of Leon, Hozier, The Offspring, Sam Smith, and SZA. Starting tomorrow, Lollapalooza 2024 kicks off on Friday, 22nd, and runs until Sunday, 24th. Lolla's four stages showcase Blink-182, Kings of Leon, Hozier, The Offspring, Sam Smith, and SZA, delighting thousands of fans. Jaden, Rina Sawayama, and […]
This weekend marks the third stage of the Formula 1 season, with the Australian Grand Prix taking place at Melbourne’s Albert Park Circuit. Dutch driver Max Verstappen has started the season with dominant performances, securing victories in Bahrain and Saudi Arabia, making him a clear favorite for this Sunday’s race on the 24th. Despite strong […]
In the first two months of 2024, Brazil's exports to China surged by 49.1%. This growth, fueled by iron ore, oil, and soybean exports, contributed significantly to Brazil's trade surplus. The Trade Indicator (Icomex) report from the Getúlio Vargas Foundation underscores the impact of these exports, attributing 43% of Brazil's $11.9 billion surplus to trade […]
Chinese scientists have achieved a medical first by successfully connecting a brain-dead patient with a gene-edited pig liver. This significant step forward demonstrates xenotransplantation’s potential to mitigate the severe shortage of human organs available for transplant. The genetically modified Yucatan minipig’s liver functioned without showing signs of rejection for three days. Behind this breakthrough are […]
Raí Ramos scored, granting Ceará a 1-0 victory over Fortaleza at Arena Castelão in the Copa do Nordeste’s sixth round on Wednesday. This victory moved Ceará to nine points, placing them fourth in Group A, while Fortaleza, with eight points, is second in Group B. Fortaleza showed early aggression, narrowly missing scores, including Kuscevic’s header […]
Brazil now leads in chicken exports globally and is second in production after the UK approved its exports, with the EU likely to follow. Agriculture Minister Carlos Fávaro shared this news after touring a BRF plant in Lucas do Rio Verde, Mato Grosso. BRF, one of the world's largest food companies, operates from Brazil and […]
The Haitian authorities have prolonged the curfew in the West department, home to the capital, Port-au-Prince. This step is crucial for regaining stability amid Haiti’s current turmoil. The curfew will continue until this Saturday, while the state of emergency will last until April 3. From Wednesday, March 20, through Saturday, March 23, the curfew runs […]
In Venezuela, President Nicolas Maduro’s administration intensifies its crackdown on the opposition, focusing on Maria Corina Machado, a key adversary. Tarek William Saab, the feared Prosecutor General, announced the detention of Machado’s allies, accusing them of plotting against the government and aiding terrorist groups in planned attacks on military bases. The arrests involve Machado’s campaign […]
Portugal saw a major political change as Marcelo Rebelo de Sousa made Luis Montenegro, chief of the center-right Democratic Alliance (AD), Prime Minister. This followed the March 10, 2024, elections where AD led with 80 seats, slightly ahead of the Socialist Party's 78. This victory signals a shift, emphasizing the nation's varied political scene. Montenegro's […]
Following the Federal Reserve’s decision and Chairman Jerome Powell’s press conference, New York’s stock markets soared, reaching new all-time highs. This surge reflects market confidence in anticipated interest rate cuts at the Fed’s June meeting. The day saw mixed openings but gained momentum, showing increased risk appetite among investors. This marks the first time since […]
The Ibovespa index, Brazil’s primary stock market benchmark, soared, surpassing 129,000 points with a notable 1.25% increase, closing at 129,124.83 points. This rally was fueled by the Federal Reserve’s indications that it might cut interest rates in the coming years, boosting investor confidence globally. The Federal Reserve projected most officials anticipate at least three rate […]
União Brasil, facing its most severe crisis since forming in 2021 from the Democrats and PSL merger, urgently convened on Wednesday. The meeting led to the dramatic ousting of Federal Deputy Luciano Bivar as party president. Initially, Bivar's term was set to end in May, but internal conflicts, especially with Antonio Rueda, who won the […]