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«The Rio Times»
Апрель
2024

Новости за 21.04.2024

Latin America’s Economic Landscape: A Week of Key Indicators

«The Rio Times» 

This week, Argentina, Brazil, and Mexico are in the spotlight as they release key economic data, shedding light on their current fiscal conditions and potential policy directions. This data, encompassing everything from economic activity indexes to inflation rates, will provide deeper insights into the financial well-being and the challenges these countries face. Monday Mexico starts […]

Mozambique’s Economic Outlook and Credit Stability in 2024

«The Rio Times» 

In 2024, Mozambique's inflation rate impressively fell to 3% in March, decreasing from 4% in February and 4.19% in January. Despite the overall decrease, sectors like education, restaurants, hotels, cafés, and food and beverages saw significant price increases. Education costs rose by 10.39%, restaurant and similar services by 5.93%, and food and non-alcoholic beverages by […]

Brazilian Vision at the Helm of Venice Art Biennale

«The Rio Times» 

On April 20, the 60th Venice Biennale opened its doors, once again becoming the epicenter of the global art scene. This year, the event is steered by Pietrangelo Buttafuoko, an Italian publicist whose alleged past affiliations with questionable ideologies have stirred controversy. Despite this, the true centerpiece of this year’s Biennale is its compelling theme, […]

Modi’s Influence and the Rise of Hindu Nationalism

«The Rio Times» 

Narendra Modi's ascent as Prime Minister has shifted India's politics, bringing Hindu nationalism from the margins to the mainstream. Initially joining the Rashtriya Swayamsevak Sangh (RSS), a right-wing, volunteer Hindu nationalist organization, as a teenager, Modi was deeply influenced by its ideology. The RSS, founded nearly a century ago, envisions India as a primarily Hindu […]

China’s eVTOL Market Takes Off: Driving and Flying into the Future

«The Rio Times» 

Chinese firms XPeng and EHang are using advanced EV technology to launch flying cars, targeting leadership in the global eVTOL market. This year, XPeng AeroHT plans to release a dual-mode eVTOL that operates both on roads and in the air, equipped with a detachable flying module. This versatility sets it apart from traditional eVTOLs, which […]

Gnassingbé’s Grip: Togo’s Controversial Constitutional Change

«The Rio Times» 

In West Africa’s Togo, a significant political transformation is underway, spearheaded by President Faure Gnassingbé. Since rising to power in 2005 after a family dynasty that began with a 1967 coup, Gnassingbé has pushed for a constitutional amendment. This change, enacted on March 25, 2024, transitions Togo from a presidential to a parliamentary system. The […]

Brazil’s Fiscal Challenge: Balancing Budget and Mandatory Spending by 2028

«The Rio Times» 

Brazil's fiscal stability is at risk as mandatory spending on social security, health, and education is set to exceed last year's fiscal framework limits. This increasing expenditure presents significant challenges to maintaining the nation’s economic sustainability. Under President Luiz Inácio Lula da Silva's administration, a critical decision is approaching. The choice is between adhering to […]

Revival of Peru-U.S. Aerial Interception Program to Combat Drug Trafficking

«The Rio Times» 

In a significant legislative move, the Peruvian Congress has approved Legislative Resolution No. 6672, renewing a pivotal collaboration with the United States. This resolution marks the return of a joint aerial interception program aimed at curtailing illegal drug trafficking via Peru's airspace. The decision, sealed with 73 votes in favor, 30 against, and four abstentions, […]



New Era at São Paulo FC: Luis Zubeldía Takes the Helm Until 2025

«The Rio Times» 

On Saturday night, São Paulo FC heralded a fresh chapter with the signing of Argentine coach Luis Zubeldía, slated to lead the team until the end of 2025. His arrival is poised to inject new vitality into the club, promising an exciting era of football under his guidance. Zubeldía steps into his role amid high […]

Historic Victory: Atlético-MG Conquers Cruzeiro at Arena MRV

«The Rio Times» 

On a memorable Saturday evening at the Arena MRV, Atlético-MG secured their first home win against arch-rivals Cruzeiro. This third-round Brasileirão match ended in a resounding 3-0 victory, marking a significant milestone in the team’s history. Guilherme Arana, a pivotal figure in the match, not only scored a key goal but also reignited his hopes […]

Corinthians Falls to Red Bull Bragantino in Away Game for Brasileirão 2024

«The Rio Times» 

On April 20, the Corinthians traveled to Bragança Paulista, ready to clash with Red Bull Bragantino in a pivotal third-round match of the Betano Brasileirão. This encounter promised high stakes, yet ended in a 1-0 defeat for the visitors. Under the lights of the stadium, the game kicked off with Corinthians, also known as Timão, […]

Brazil Expands Oil Reserves to Highest Level Since 2015

«The Rio Times» 

In 2023, Brazil recorded its highest oil reserves since 2015, achieving 15.9 billion barrels. This 7% increase over last year is significant. It marks the country's largest reserve since the 16.2 billion barrels in 2014. These gains are largely due to new discoveries in the pre-salt layers. Environmentalists argue these existing reserves are ample for […]

2024 China Grand Prix: Anticipation Builds for Formula 1 Showdown

«The Rio Times» 

This Sunday the Formula 1 world turns its eyes to the Shanghai Circuit, host to the climactic final race of the China Grand Prix. With championship implications on the line, anticipation crackles in the air. Max Verstappen, driving for Red Bull Racing, leads the championship race and aims to fortify his position at the top. […]

Uruguay’s 2024 Economic Outlook: Growth Projected at 3.5%

«The Rio Times» 

In a significant update, Uruguayan analysts have adjusted their 2024 economic growth projection to 3.5%, up from March’s 3.3%. This update comes from the Central Bank of Uruguay’s Expectations Survey, released yesterday. The survey taps into insights from economists and financial sector experts, offering a growth forecast range: the lowest at 2.9% and the highest […]





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