In a significant move, the Venezuelan opposition has united behind Edmundo González Urrutia, endorsing him as their presidential candidate. González Urrutia, a former ambassador to Argentina and Algeria, gained support on Friday night, signaling a unified effort against the current government. The backing came despite earlier disputes, particularly with Manuel Rosales, Governor of Zulia, who […]
On Friday, the Petrobras Board of Directors proposed releasing 50% of their extraordinary dividends, which amounted to R$43.9 billion ($8.74 billion). This decision is up for review at the Extraordinary General Meeting scheduled for April 25, alongside the Ordinary General Meeting. President Luiz Inácio Lula da Silva approved the proposal amid rising tensions between Petrobras’ […]
(Opinion) In the realm of the judiciary, a balance between technical adherence to the law and emotional or ideological involvement is crucial. However, Justice Alexandre de Moraes of Brazil’s Supreme Federal Court recently illustrated a concerning departure from this balanced approach, particularly visible during his handling of the conflicts with Elon Musk and his response […]
On April 19, Justice Alexandre de Moraes of Brazil's Supreme Federal Court addressed pressing issues regarding foreign influences that he likened to mercantilist practices treating Brazil as a colony. Speaking as the president of the Superior Electoral Court (TSE), Moraes pointed out recent frictions with Elon Musk, the owner of social media platform X, who […]
The Brazilian Championship games featuring Corinthians vs. RB Bragantino, Fluminense vs. Vasco da Gama, and Grêmio vs. Cuiabá are today’s soccer highlights. Today’s schedule also includes matches from the EFL Champions League, Scottish Cup, Premier League, French Championship, among others. See times and where to watch today’s soccer games live EFL Champions League 08:30 – […]
Carlos Slim, the Mexican billionaire and founder of América Móvil, has committed $8 billion to reshape Brazil's telecom sector. This pledge occurred during a key meeting with President Luiz Inácio Lula da Silva in Brasilia, signaling a transformative era for the industry. Claro, owned by Slim, will lead this massive investment. The company will focus […]
As twilight fell over Caracas, President Nicolás Maduro warmly welcomed UAE’s Minister of State for Foreign Trade, Thani Bin Ahmed Al Zeyoudi, at Miraflores Palace. They focused their discussion on enhancing strategic energy ties. Maduro stressed the meeting’s aim to boost mutual sustainability and development efforts. He promoted persistent work and strong cooperation for their […]
In 2023, Brazil celebrated a landmark achievement, reducing extreme poverty to just 8.3% of its population, or 16.9 million individuals. This achievement marks a decrease of 2.6 million people from last year, as reported by FGV's Social Policy Center. The IBGE confirmed that social inequality stayed at a historical low, with a Gini index of […]
President Daniel Noboa took a bold step to stabilize Ecuador, declaring two separate emergencies. He addressed a severe energy shortfall and rising security threats. Since his November start, Noboa has tackled these critical issues proactively, starting with security. Consequently on Saturday, Noboa ordered the military and police to protect energy infrastructure. A published decree confirmed […]
In a week marked by geopolitical turbulence, oil futures experienced a rollercoaster ride, concluding slightly higher despite a tumultuous journey. The week began with a sharp spike in oil prices, soaring over 4% following reports of Israeli military actions against Iran. The initial surge was tempered as the market absorbed the implications. Prices eventually stabilized […]
In Brazil, the closing bell on Friday heralded a small victory for the Ibovespa, the country’s primary stock index, which climbed by 0.8% to reach 125,100 points—an uptick of nearly 1,000 points. Despite this weekly win, the index still recorded a slight overall decline of 0.76%, marking its third successive week in the red. The […]
This past Friday marked a significant day for the U.S. dollar, particularly in its exchange against the Brazilian real, where it fell nearly 1%, closing at 5.1989 reais. Despite this daily dip, the dollar had a net weekly gain of 1.52%. This pattern of fluctuation underscored a week of intense market adjustments and profit-taking, following […]
This week in London, the cocoa market witnessed a dramatic climb, with futures on the ICE escalating by 14%, approaching a breathtaking peak of nearly 10,000 pounds per metric ton. This surge is fueled by a robust demand for cocoa that continues to defy the rising price trends. London's trading floors buzzed as cocoa prices […]