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World Bank Raises Latin America’s GDP Growth Projection for 2021 to 3.7%
RIO DE JANEIRO, BRAZIL - The World Bank (WB) reported on Tuesday, January 5th, that it projects an economic growth of 3.7% in Latin...
Guyana’s GDP Grew by 30.9% in 2020, Fastest Growing Economy in the World
RIO DE JANEIRO, BRAZIL - Early in the year it was forecast that Guyana would grow by 85% in 2020. However, the domestic and...
Deforestation Wiped out 8% of Amazon in 18 Years: Study
RIO DE JANEIRO, BRAZIL - (AFP) Deforestation in the Amazon destroyed an area bigger than Spain from 2000 to 2018, wiping out eight percent...
Guyana Must Move Quickly to Be Ready for Immense Oil Transition – US Ambassador
RIO DE JANEIRO, BRAZIL - With Guyana on track to be the second or third largest oil producer in the Western Hemisphere, US Ambassador...
Brazil’s Petrobras Could Expand Into Guyana, CEO Says
RIO DE JANEIRO, BRAZIL - (Reuters) Brazil’s Petrobras could expand its operations into neighboring Guyana, if the regulatory environment does not improve in Brazil,...
Brazil’s Real Is Third Weakest Currency in World against U.S. Dollar in 2020
RIO DE JANEIRO, BRAZIL - With the dollar climbing increasingly close to R$6, the Brazilian real stands as the third currency that depreciated the...
Analysis: Guyana’s Oil Profits Dreams Crushed by Pandemic and “Resource Curse”
By Amy Myers Jaffe (*)
RIO DE JANEIRO, BRAZIL - This year was supposed to bring great things for Guyana. ExxonMobil discovered massive oil deposits...
Hostile Venezuela, Business for US Companies: Pompeo Completes Latin America Trip
RIO DE JANEIRO, BRAZIL - During US Secretary of State Mike Pompeo's trip to four South American countries, Venezuela was the main topic of...
Pompeo, During Visit to Colombia, Accuses Venezuela of Providing Refuge to Terrorists
RIO DE JANEIRO, BRAZIL - US Secretary of State Mike Pompeo reiterated on Saturday from Colombia that the ELN guerrillas and the FARC dissidents...
U.S. Secretary of State Praised and Criticized During Quick Visit to Brazil
SÃO PAULO, BRAZIL - On the second day of his four day mission to countries in South America, U.S. Secretary of State, Mike Pompeo,...
Brazil Prepares Reaction to Europe on Amazon Destruction
RIO DE JANEIRO, BRAZIL - Vice-President Hamilton Mourão said yesterday that the government will use diplomacy to address the dissatisfaction expressed by a number...
Right-wing Former Brazilian Minister Elected to Board of World Bank
RIO DE JANEIRO, BRAZIL - (Reuters) Abraham Weintraub, a right-wing former Brazilian education minister, has been elected as an executive director of the World...
5G Auction in Brazil Is New Chapter of 21st-Century Cold War Between China and USA
RIO DE JANEIRO, BRAZIL - Brazil is at the heart of the 21st-century cold war, with the coveted auction to take over the country's...
World Bank Staff Association Calls for Suspending Weintraub’s Appointment as Director
RIO DE JANEIRO, BRAZIL - The World Bank Staff Association sent a letter on Wednesday, June 24th, to the institution's Ethics Committee calling for...