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Russian oil was only 0.6% of Brazil’s imports in 2021

RIO DE JANEIRO, BRAZIL - Brazil imported about 365,000 barrels of crude oil from Russia in 2021. The amount is equivalent to only 0.6%...

Brazil: British startup launches crypto product offering returns of up to 12% per year

RIO DE JANEIRO, BRAZIL - British startup Monolith announced on Tuesday, March 8, the launch in Brazil of Token.com, a platform that uses decentralized...

Brazil has the 10th largest military power in the world

RIO DE JANEIRO, BRAZIL - Brazil's military power is the 10th strongest in the world. The country is the second strongest in the Americas,...

Bolivia’s commercial relationship with Russia

RIO DE JANEIRO, BRAZIL - Given the escalation of the war in Ukraine, two parliamentarians opposed to the government announced that they would request...

Germany removed several Latin American countries from covid high-risk zones list

RIO DE JANEIRO, BRAZIL - The list to be removed from midnight on March 3 includes Brazil, Chile, Costa Rica, Guatemala, Mexico, Paraguay, Uruguay,...

Brazil to exempt foreign investors from income tax, says economy minister

RIO DE JANEIRO, BRAZIL - The Brazilian government is expected to announce in the coming days the exemption of foreign investments in debt instruments...

Experts warn that sanctions against Russia could block trade with Brazil

RIO DE JANEIRO, BRAZIL - The sanctions imposed on Russia, such as the imminent partial withdrawal from the Swift international payment system and the...

Automotive market: Argentina and Brazil were the Latin American countries where sales fell the most in January

RIO DE JANEIRO, BRAZIL - In January this year, the Latin American automotive market recorded a 9.2% drop in sales compared to the same...

Veto to cryptocurrencies leaves Bolivia behind in economic digitalization

RIO DE JANEIRO, BRAZIL - Crypto-assets are banned in Bolivia to prevent "potential losses" among operators and holders; however, some sectors consider that this...

Argentina and Brazil go their own way and do not condemn Russia

RIO DE JANEIRO, BRAZIL - Argentina and Brazil did not endorse the OAS statement condemning the Russian invasion of Ukraine. However, this puts the two...

The future stars of South American soccer arrive in Uruguay

RIO DE JANEIRO, BRAZIL - With ten teams fighting for three places at the World Cup, a new edition of the South American U-17...

Left-wing Argentina and planned economy: proposal to create a state food company

RIO DE JANEIRO, BRAZIL - China's ideological proximity is palpable in impoverished but proud Argentina. Following the communist and authoritarian model, the Argentine government...

Activist and adversarial Supreme Court shares responsibility for Brazil still being a largely unfree country economically – Heritage

RIO DE JANEIRO, BRAZIL - The Americas region covers more than one-quarter of the globe’s landmass and is one of the world’s most economically...

Uruguay, Chile and Brazil are the most expensive countries in Latin America in terms of gasoline prices

RIO DE JANEIRO, BRAZIL - The increase in the price of gasoline, which reached a record level in 2021 and continues this year, has...

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