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Musk Says ‘Brazilians Seek the Truth’ as X Tops Download Charts in Brazil

Elon Musk, the influential owner of the widely-used platform X, stands at the forefront of a critical discourse on...

Argentina’s Rising Tide of Debt

In 2023, Argentina faced a steep climb in its private external debt, soaring by $15.97 billion from the previous...

A Strategic Energy Alliance in South America

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa. This three-year Memorandum of Understanding (MoU) is...

Lula’s Push for South American Unity Faces Hurdles

Brazilian President Luiz Inácio Lula da Silva, who started his term last year, aimed to revive South American unity,...

Marta’s Farewell: Shaping the Future of Football

Brazil's football legend, Marta Vieira da Silva, has announced her upcoming retirement from the national team. This signifies the close...

Dominican Republic Boosts Military Spending by 14% in 2023, Brazil Up 3.1%

In 2023, the Dominican Republic escalated its military spending by 14%, totaling around $893...

A Strategic Energy Alliance in South America

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa. This three-year...

Lula’s Push for South American Unity Faces Hurdles

Brazilian President Luiz Inácio Lula da Silva, who started his term last year, aimed to revive South American unity,...

Petrobras Delivers Record Dividends in 2023

Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32 billion). This included R$22 billion ($4.27...

Vale Faces Challenges Yet Holds Steady in Q1

In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines of Pará, Vale stands as a titan. This global leader in iron production navigated the first quarter with resilience, even as...

Brazil Tops Latin America as the Prime Destination for Foreign Investment

Brazil has emerged as a major player for global investments, establishing itself as the top choice for foreign capital in Latin America. The latest Kearney...

Usiminas Gains Most from Steel Trade Protection in Brazil

Brazil's government recently raised the import tariff on steel to 25% for selected products, positioning Usiminas, Brazil's largest steel producer, to potentially thrive. As global trade shifts, this increase, targeting specific steel items, is set to...

Latin America’s Gold Reserves: A Shield Against Economic Shocks

As Middle East tensions escalate, the allure of gold has soared, with its price reaching a peak of $2,400.67 per ounce. This significant 1.2% rise highlights a surging demand for stability. Globally, the United States holds...

Google Halts Political Ads Ahead of Municipal Elections in Brazil

In a significant move, Google declared that it would block political advertisements for the forthcoming October municipal elections. This announcement on Wednesday aligns with the Superior Electoral Court (TSE) resolutions from February. These resolutions aim to minimize...

Strategic Steel Quotas: Brazil’s New Economic Defense

The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect its domestic steel industry from intense foreign competition, notably from China. This policy stands as relatively moderate...