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Los Angeles Takes on Urban Heat with Reflective Streets

Los Angeles is pioneering urban cooling by applying heat-reflective coatings to its streets, significantly lowering surface temperatures and contributing...

Colombia to Sever Diplomatic Ties with Israel

On Wednesday morning, Colombian President Gustavo Petro declared the severance of diplomatic ties with Israel effective Thursday, May 2nd. This...

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating. This adjustment, first set in February 2016, places Brazil tantalizingly...

Brazil’s Political Shift: A Conservative Resurgence

In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw a significant political shift. Right-wing legislators...

Santos Risks Third FIFA Ban Amid Financial Woes

Santos FC has been notified by FIFA about a significant debt owed to Argentinos Juniors for acquiring midfielder Gabriel...

Fujian’s Maiden Voyage Amplifies China’s Naval Capabilities

China's latest aircraft carrier, the Fujian, recently commenced its inaugural sea trials, signaling a...

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating. This adjustment, first set in...

Brazil’s Political Shift: A Conservative Resurgence

In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw a significant political shift. Right-wing legislators...

Brazil Boosts Industry with New Tax Incentive

The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry. This new law enables companies to write...

Brazil’s Public Debt Nudges Upward in March

In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638 ($1.2) trillion. This adjustment reflects ongoing adjustments within the country's economic framework and external financial influences. Internally, the...

Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty

In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight...

The Decline of Remote Salaries in Latin America

Remote work has reshaped the global job scene, yet salaries have decreased across several sectors despite high hiring rates in 2023. Data from Deel indicates salary drops in marketing and operations throughout Asia-Pacific, North America, Europe,...

A Greener Horizon: G7’s Pledge Against Coal

G7 nations have pledged to fully decarbonize their power sectors by 2035, marking a major stride toward sustainability. Amid strategic meetings, they signaled a departure from coal, historically central to energy discussions. Their resolution commits to ending...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from 2023. Despite this, there was a 5.4% decline from the previous quarter. Specifically in Brazil, production reached...

Brazil: $25 Billion Settlement Offered in 2015 Mariana Tragedy

In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a Vale and BHP venture—resulted in a catastrophic event. Near Mariana, the collapse unleashed a vast mud flood, devastating large areas and claiming...