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Google Unveils Ambitious A.I. Plans for Phones and Search

Google has announced bold plans to deeply integrate artificial intelligence (AI) into its search engine and Android smartphones. These advancements...

Peru’s Economy Contracts Unexpectedly in March

Peru's economy unexpectedly contracted in March, surprising analysts who had forecast moderate growth. The National Institute of Statistics and Informatics...

Petrobras Experiences Significant Market Value Drop Following Leadership Change

Petrobras experienced a significant drop in market value following the unexpected resignation of its president. A new leader, formerly with the National Agency of Petroleum,...

Magda Chambriard’s Journey to Leading Petrobras

President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...

Atlético-MG Loses to Peñarol, Ending Perfect Copa Libertadores Record

Atlético-MG faced Peñarol at Estadio Campeón del Siglo on Tuesday for the fifth round of Copa Libertadores Group G. In...

Venezuela’s Military Buildup Near the Esequibo Region

Nicolás Maduro, facing internal challenges, has increased Venezuela’s military presence near the disputed Esequibo...

Petrobras Experiences Significant Market Value Drop Following Leadership Change

Petrobras experienced a significant drop in market value following the unexpected resignation of its president. A new leader, formerly with...

Magda Chambriard’s Journey to Leading Petrobras

President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...

Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations

The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts. The index fell...

Brazil’s Supreme Court President Advocates for A.I. in Judicial Decisions

Brazil's Supreme Court President, Luís Roberto Barroso, sparked intrigue by advocating for artificial intelligence (AI) in the judiciary. He suggested AI might eventually draft court rulings. At a J20 meeting in Rio de Janeiro, attended by G20...

Political Pressure Forces Petrobras CEO Prates Out

On Tuesday evening, Petrobras (PETR4) announced that CEO Jean Paul Prates requested an early termination of his tenure. Prates, appointed by President Luiz Inácio Lula...

Shifting Tides in Brazil’s Economic Policy: The Final Cuts

(Analysis) The latest update from Brazil's Monetary Policy Committee (Copom) indicates the nearing end of the interest rate reduction cycle. Expectations are setting the stabilization rate between 10% and 10.5%. This update comes as the nation addresses...

Nubank Sees Profit Surge Amid Rising Delinquencies and Expansion

Nubank reported a net profit of $378.8 million in the first quarter of 2024, marking a 167% increase from the same period last year. Despite this impressive growth, the figure fell short of the $404.8 million...

Flood Crisis in Rio Grande do Sul Threatens Brazil’s Economic Stability

In Rio Grande do Sul, a state pivotal to Brazil’s economy, catastrophic floods are unraveling years of progress. This region, responsible for 6.5% of the nation’s GDP, faced unexpected heavy rains. These rains have derailed forecasts...

Brazilian Services Sector Grows by 0.4% in March

In March, the Brazilian services sector grew by 0.4% compared to February, following seasonal adjustments. This growth comes after a 0.9% decline in February, which had ended a streak of three consecutive positive months. The Brazilian Institute...