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«The Rio Times»
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2024

Новости за 29.03.2024

Brazil’s National Parks See Record Visitors in 2023

«The Rio Times» 

In 2023, Brazil's national parks reached a new visitor record with 11.8 million people, a 15% increase from the previous year. The Chico Mendes Institute for Biodiversity Conservation (ICMBio) highlights this surge as indicative of the rising interest in ecotourism. The Ministry of Tourism's "Tourism Trends 2024" study identifies ecotourism as Brazilians' second favorite travel […]

Unconventional Oil and Gas: Bolivia’s New Frontier

«The Rio Times» 

President Luis Arce addresses Bolivia’s urgent energy needs by launching a state agrofuel plant and exploring unconventional oil and gas. These steps come after a disappointing outcome from the Astillero X-1 well, which failed to find expected gas reserves. Facing an energy trade deficit of $1 billion in 2023 and a significant drop in gas sales, […]

OPEC’s Oil Cuts Pose Challenge to Central Banks

«The Rio Times» 

(Analysis) After multiple delays, the European Central Bank (ECB) and the Federal Reserve seemed finally set to lower interest rates in June. Yet, the Organization of the Petroleum Exporting Countries (OPEC) threatens to complicate their plans. OPEC’s repeated artificial production cuts have pushed crude oil prices significantly higher than market fundamentals would suggest. This situation […]

Lula and Macron Raise Tone, Challenge Venezuela’s Electoral Fairness

«The Rio Times» 

Brazilian President Luiz Inácio Lula da Silva has labeled the exclusion of Venezuelan candidate Corina Yoris as significant. Yoris, nominated by María Corina Machado who faced disqualification, became a focal point of concern. A couple of days ago, Lula broke his silence with a note from the Foreign Ministry and later addressed the issue alongside […]

Brazil’s Leap in Solar Technology: Tripling Organic Cell Efficiency

«The Rio Times» 

At the Federal University of Paraná (UFPR) in Curitiba's south, a breakthrough in solar technology has emerged. Researchers have developed a new solar cell that significantly boosts the efficiency of converting sunlight into electricity. Their work triples the energy conversion efficiency of organic solar cells, known for their flexibility and carbon-based materials. This development marks […]

Rapid Increase in Dengue Fever Across the Americas in 2024

«The Rio Times» 

In 2024, the Americas will have experienced a sharp rise in dengue fever, with incidents far surpassing those in past years. Within just the initial eight weeks, the Pan American Health Organization (PAHO) has reported an alarming figure of over 1.87 million potential cases. This marks a 249% increase from early 2023 and a substantial […]

Haiti on the Brink: UN Warns of Looming Institutional Collapse

«The Rio Times» 

The United Nations Human Rights Office recently released a report. It signals an urgent crisis in Haiti, with institutions on the verge of collapse. The UN urges immediate, bold global action to remedy this critical situation. This report outlines the dire circumstances faced by Haitians, with escalating insecurity stripping away basic human rights. It spans […]

Chile’s Marine Victory at Best Warrior 2024

«The Rio Times» 

Corporal Ángel Vásquez from Chile's Marine Corps won first in both the individual and corporal categories at the 2024 Best Warrior event in Texas. This competition, from March 11 to 15, saw global military personnel gather to test their skills. Led by Master Sergeant Héctor González, the Chilean team excelled, competing against forces from the […]



Asia’s Meth Epidemic: Myanmar’s Crisis Spills Over

«The Rio Times» 

In 2019, an incident in Sailulak, a village in northeastern India close to Myanmar, revealed the extent of Asia’s methamphetamine crisis. Locals found a substantial meth stash hidden under dried red chilies, marking a significant discovery in the ongoing battle against drug trafficking from Myanmar. This event underscored the country’s role as a major source […]

Brazil’s U-17 Women’s Team Secures World Cup Spot

«The Rio Times» 

Brazil’s U-17 women’s football team has earned a spot in the 2024 FIFA U-17 Women’s World Cup, showcasing their talent and determination. Their journey to qualification shone in the South American U-17 Championship, remaining unbeaten. A thrilling draw against Colombia, featuring two quick goals, secured their lead and a World Cup berth. The event is […]

Brazil’s Jobless Rate at 7.8%, Wages Up

«The Rio Times» 

Brazil's jobless rate slightly rose to 7.8% by February, a small climb from November but an improvement from last year. This figure met expert predictions. Year-on-year, unemployment fell by 0.8%. Even with this uptick, employment numbers stayed consistent. Adriana Beringuy from the IBGE linked the increase to more people seeking jobs after a brief pause. […]

São Paulo’s Economy Grows 3.2% in Early 2024

«The Rio Times» 

In January 2024, São Paulo's economy saw a 3.2% expansion from the previous year, according to insights shared by the Seade Foundation. Farms played a big part, with their output soaring 20.7%. Factories and services also saw gains, by 3.3% and 2.4%, respectively. This growth spread across different areas, strengthening the state's economy. Farms led […]

Lula’s Brazil Offers Financial Relief to Struggling Farmers

«The Rio Times» 

In Brazil, farmers in 16 states can renegotiate their loans if bad weather or falling prices hurt their crops. This help, announced by the National Monetary Council, is open until May 31. Bad weather last season hit soy and corn hard. Falling prices for these and other farm products, plus the high cost of supplies, […]

Gold vs. Bitcoin: Examining Their Financial Value

«The Rio Times» 

In the contemporary debate on the best mediums for storing and transmitting value, gold and Bitcoin emerge as leading contenders, each backed by a rich history and innovative technology. This analysis delves deep into their fundamental monetary characteristics to unveil which asset is more adept at safeguarding and conveying value through the ages and across […]

Palmeiras Targets Paulistão Glory Amid Star Concerns

«The Rio Times» 

Palmeiras edged into the Paulistão final, their fifth in a row, with a 1-0 win against Novorizontino at Allianz Parque. Young talent Endrick, fresh from international play, scored the decisive goal despite a nagging injury. His performance has put Palmeiras on the path to claim the state championship once more potentially. Endrick’s swift return from […]

Russia Blocks UN Watch on North Korea

«The Rio Times» 

On March 28, Russia stopped a UN plan to keep an eye on sanctions against North Korea, citing concerns over accusations of arms trading with Pyongyang. This action met broad disapproval within the Security Council, aiming for another year of oversight. The U.S. criticized the veto, saying it threatened global peace for a questionable deal […]

More Brazilians Fear Nighttime Streets

«The Rio Times» 

A recent survey by Datafolha highlights that 39% of Brazilians feel "very unsafe" at night, a noticeable increase of 5% from the previous poll in September 2023. Another 26% report feeling "somewhat unsafe." This survey, involving 2,002 people over 16 across Brazil, reveals a growing unease. While 14% still feel "very safe," the number of […]

Argentina’s Urban Poverty Hits 41.7% in Late 2023

«The Rio Times» 

By year’s end in 2023, Argentina saw 41.7% of its city dwellers living in poverty. This figure was up by 1.6 percentage points since mid-year, as reported by INDEC on Wednesday. INDEC’s survey covered 29.5 million urban residents. It found that 12.3 million were impoverished. Also, 3.5 million urbanites, or 11.9%, faced extreme poverty. This […]

Chile’s Unemployment Rate at 8.5% in Early 2024

«The Rio Times» 

From December 2023 to February 2024, Chile’s unemployment rate increased to 8.5%, a slight increase from the previous year. The National Institute of Statistics (INE) released this data, pointing to a growing labor market challenge. The workforce expanded by 3.2%, just above the job growth rate of 3.1%. This small difference pushed the unemployment rate […]

Panama Challenges Fitch Ratings’ Downgrade

«The Rio Times» 

Panama has expressed strong disagreement with Fitch Ratings’ decision to lower its credit rating from BBB to BB+. The Ministry states Fitch’s review overlooks Panama’s solid economy, overly focusing on a major mine’s closure and political matters. Despite this downgrade, Panama highlights its upbeat economy, noting a 7.3% growth in 2023, low inflation, declining unemployment, […]

STOXX 600 Continues Its Climb for Second Quarter

«The Rio Times» 

On Thursday, the STOXX 600, a key European index, reached a new peak, securing gains for another quarter. JD Sports, a major retailer, saw its biggest surge in over four years, thanks to confirming its profit outlook. The index climbed 0.18% to 512.67 points, closing the week strong despite minor fluctuations. This marked its second […]

Soybeans Up, Corn and Wheat Down: USDA Planting Update

«The Rio Times» 

The USDA's latest forecasts present a nuanced picture of U.S. agriculture, showing a modest 3% increase in soybean planting for the 2024–25 season, reaching 35.01 million hectares. While in line with market predictions, this growth falls below the USDA's earlier estimate of 35.41 million hectares. In contrast, corn and wheat plantings see reductions. Corn acreage […]

Oil Prices Rise on Supply Cuts

«The Rio Times» 

Oil prices jumped more than $1 per barrel Thursday, ending the month higher. OPEC+’s ongoing production cuts, attacks on Russian energy infrastructure, and fewer U.S. oil rigs have tightened supply, pushing prices up. May Brent crude reached its highest since October 27 at $87.48 per barrel, up $1.39, or 1.6%. The busier June contract rose […]

Brazil’s Ibovespa and Dollar Surge: Economic Optimism Grows

«The Rio Times» 

Brazil’s Ibovespa closed up for the second day, gaining 0.33% to hit 128,106 points. The week ended up at 0.85%, despite March dropping by 0.71% and the first quarter being down by 4.53%. The US dollar also climbed, reaching R$5.01, a 0.74% increase. Futures interest rates ended the day higher. Investors stayed cautious before the […]

Brazil’s Federal Public Debt Rises 2.25% in February, Hits $1.319 Trillion

«The Rio Times» 

The National Treasury of Brazil announced that the country's federal public debt saw a 2.25% increase in February, totaling R$6.595 trillion ($1.319 trillion). The internal federal public securities debt rose by 2.32%, reaching R$6.319 trillion ($1.263.8 trillion). The external federal public debt increased by 0.84%, standing at R$276.1 billion ($55.22 billion). In February, federal debt […]





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