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Worldcoin and the Struggle to Overcome Orb Shortage

In the evolving landscape of cryptocurrency, Sam Altman's Worldcoin presents a unique venture, captivating the market with its innovative...

Ecuador Secures $4 Billion IMF Agreement Amid Economic Reforms

On April 25, 2024, Ecuador marked a significant milestone, securing a $4 billion deal with the International Monetary Fund...

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 billion) in extraordinary dividends, setting...

Madonna’s Spectacular Night in Rio Draws Record Crowd

On May 4th, Rio de Janeiro's famous Copacabana beach will transform into a massive concert venue for Madonna. The city...

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...

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...

Madonna’s Spectacular Night in Rio Draws Record Crowd

On May 4th, Rio de Janeiro's famous Copacabana beach will transform into a massive concert venue for Madonna. The city...

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...

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%...

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...

Corporate Moves in Brazil: Updates on WEG, Neoenergia, and Cogna

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194 million) into its funds, boosting its total assets to R$7.504 billion (around $1.457 billion). This move uses...

Brazil and South Africa Forge Stronger Ties

Brazil is ramping up its diplomatic efforts in Africa, a key region in President Luiz Inácio Lula da Silva’s global strategy. In Brasilia, Brazilian Foreign Minister Mauro Vieira and South Africa's Naledi Pandor spearheaded the seventh...