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Shipping Costs Spike, Key Role of Panama Canal

Container shipping saw a record rise in costs, up $500 in late December. This spike occurred amid disruptions on...

Market Trust Grows in Milei’s Plan

Argentina's financial scene is warming up to Javier Milei, the country's firm libertarian leader. He aims to steer Argentina out...

Eduardo Bolsonaro Calls Out Brazil’s Judicial Overreach at CPAC 2024

At CPAC 2024 in Washington, Congressman Eduardo Bolsonaro highlighted Brazil's judicial overreach. CPAC 2024 was held from February 21-24, 2024, at the Gaylord National Resort...

Brazil’s Gross Debt Set to Increase to 77.7% of GDP This Year

Brazil's gross debt is expected to climb to 77.7% of GDP this year, an increase from last year's 77.4%,...

Botafogo’s Fresh Start Sparks Hope

Botafogo's recent win marks a resurgence in its campaign for the Libertadores' third phase, shortly after Tiago Nunes's dismissal. The...

Peru Advances in Disaster Management with New Data Center

Peru's Defense Ministry, led by Major General Walter Astudillo Chávez, inaugurated a modern data...

Eduardo Bolsonaro Calls Out Brazil’s Judicial Overreach at CPAC 2024

At CPAC 2024 in Washington, Congressman Eduardo Bolsonaro highlighted Brazil's judicial overreach. CPAC 2024 was held from February 21-24, 2024,...

Brazil’s Gross Debt Set to Increase to 77.7% of GDP This Year

Brazil's gross debt is expected to climb to 77.7% of GDP this year, an increase from last year's 77.4%,...

Dollar’s Rise Against Real: A Reflection of Global Trends

The U.S. dollar's rise against the Brazilian real, for three straight sessions, signals a broader trend. This increase, by 0.83%...

Vale Reports Profit Dip and Partners with Anglo American

Vale reported a $2.4 billion net profit for Q4 2023, down 35% from the previous year, per their latest financial report. This decline was notably influenced by a $1.2 billion provision related to the Samarco dam...

Brazil Leads in Processed Food Exports Again

In 2023, Brazil remained the top global exporter of processed foods, delivering 72.1 million tons, up 11.4% from the previous year. This made it the...

Brazil’s Industry Boost Plan Sets Stage for Sector Growth

Brazil's government unveils the New Industry Brazil plan, allocating R$300 billion by 2026 to bolster national industries, notably machinery and equipment manufacturing. This infusion is expected to also uplift steel producers, which are integral to this...

Paraná Leads Brazil in Economic Growth in 2023

In 2023, Paraná achieved the highest proportional economic growth in Brazil, with a 7.8% increase compared to 2022, significantly outpacing the national average of 2.45%. This data is from the Regional Economic Activity Index (IBCR), released...

Lula Meets Lavrov: Strengthening Brazil-Russia Ties

Brazilian President Luiz Inácio Lula da Silva hosted Russian Foreign Minister Sergey Lavrov in Brasilia at the Palacio de la Alvorada. The meeting, happening Thursday and initiated by Lavrov, coincided with his attendance at the G20...

Bolsonaro’s Silence in Police Questioning

Jair Bolsonaro, Brazil's leader from 2019 to 2022, chose silence during a Federal Police questioning on Thursday. He did not testify because he lacked full case file access. This case ties him to an alleged coup...