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Pacific Whales and Dolphins Granted Legal Personhood in Groundbreaking Treaty

Indigenous leaders from New Zealand, Tahiti, Tonga, and the Cook Islands have granted legal personhood to Pacific whales and...

U.S. Reinstates Sanctions on Venezuela Citing Election Agreement Breaches

The Biden administration has ended a six-month leniency period by reinstating oil sanctions on Venezuela. This action follows President Nicolás...

IMF Projects Ongoing Fiscal Struggles for Brazil During Lula’s Presidency

The International Monetary Fund (IMF) has downgraded its fiscal projections for Brazil, predicting continued budget deficits until the end of President Luiz Inácio Lula...

Steady Rise in Brazil’s Economic Activity

February saw the fourth straight month of growth for the Brazilian Central Bank's Economic Activity Index (IBC-Br), a precursor...

Torrential Rain Disrupts Bahia vs. Fluminense Football Match

On a rainy Tuesday at the Arena Fonte Nova in Salvador, a football match between Bahia and Fluminense faced...

Reinventing Australia’s Military for a New Era

Amid growing global tensions, Australia embarks on a transformative journey, reallocating AU$50 billion ($32...

IMF Projects Ongoing Fiscal Struggles for Brazil During Lula’s Presidency

The International Monetary Fund (IMF) has downgraded its fiscal projections for Brazil, predicting continued budget deficits until the end...

Steady Rise in Brazil’s Economic Activity

February saw the fourth straight month of growth for the Brazilian Central Bank's Economic Activity Index (IBC-Br), a precursor...

Rising Dollar Tightens Economic Challenges for Lula’s Government

(Analysis) The Brazilian Real has significantly weakened since the beginning of the year, culminating in the dollar peaking at...

The Brazilian Real Faces Steepest Depreciation Globally in April

April 2024 has been a challenging month for the Brazilian Real, which saw the sharpest depreciation globally against the dollar. By April 16, the Real had fallen by 5.1%, outpacing the declines of other currencies including...

Vale’s Production Dynamics in Early 2024

In the first quarter of 2024, Vale, a titan in Brazilian mining, unveiled a notable 6.1% growth in iron ore output, reaching 70.837 million...

IMF Adjusts Economic Growth Predictions for Brazil and Major Global Economies

The International Monetary Fund (IMF) forecasts Brazil's economic growth will modestly increase to 2.2% in 2024. This marks an adjustment upward of 0.5 percentage points from earlier January predictions of a 1.7% rise. This outlook represents an...

U.S. Dollar Peaks Amid Brazil’s Fiscal Challenges

Amid geopolitical tensions, Brazil's fiscal challenges, and U.S. interest rate uncertainties, the dollar hit a high on April 16, 2024. It reached $5.2802, marking a 1.84% increase and a peak since last March. Concurrently, Brazil's primary...

Early 2024 Inflation Dynamics Across Latin America

In the first quarter of 2024, Latin America displayed a remarkably wide spectrum of varying inflation rates. Argentina recorded the world's highest consumer price index, while Costa Rica experienced deflation, illustrating the region's varied economic conditions. During...

The Strategic Alliances Between Latin America’s Left and Iran

Over the past weekend, an unprecedented attack by Iran on Israel elicited minimal criticism from leftist governments in Latin America. Brazil’s government, led by President Lula, called for "maximum restraint" in the Middle East, notably avoiding...