Новости за 03.05.2024

ExxonMobil, the American oil giant, anticipates a pivotal investment decision by the end of 2025 concerning its natural gas project in northern Mozambique. This project, located in the Rovuma Basin, aims to significantly elevate Mozambique’s stature in the global natural gas market. It is expected to produce an estimated 18 million tons of liquefied natural […]

Starting July 2, Avianca will reinstate flights between Colombia and Cuba, boosting cultural ties and connectivity. The airline plans six weekly flights, providing over 2,100 seats. These flights, using Airbus A320s with 180-passenger capacity, cater to diverse travel needs. Avianca, headquartered in Barranquilla and Bogotá, is the world’s second oldest and the oldest continuously operating […]

On May 6, Cuba introduced the Evisa system to modernize entry protocols and enhance its tourism industry. At FitCuba 2024, Prime Minister Manuel Marrero unveiled a new Ministry platform for streamlined online applications. Additionally, Cuba has updated its entry requirements, requiring travelers to complete a form 48 hours before arrival. This form is crucial for […]

Agrishow 2024 concluded in Ribeirão Preto, São Paulo, setting new benchmarks for the global agribusiness sector. The event is Latin America’s largest agricultural fair, showcasing the latest in farming tech and sustainable farming. On May 3rd, the fair announced business intentions worth R$13.6 billion ($2.67 billion), a growth of 2.4% from the previous year. This […]

On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio Kishida signed three strategic agreements at the Palácio do Planalto. These targeted the restoration of degraded lands, cybersecurity improvements, and enhanced investment opportunities. Consequently, this event marked a significant advance in strengthening Brazil-Japan relations. Accompanying Kishida, a delegation of Japanese business […]

In early 2024, Gerdau showcased resilience, hinting at a significant turnaround, particularly in North America where demand and profitability remained strong. Despite tough competition in Brazil, the company is witnessing a recovery, aligning with the broader market improvements. Known globally, Gerdau excels in producing a wide array of long steel products critical for construction and […]

São Paulo is gearing up to host a vibrant mix of cultural events this weekend, spanning from international concerts to unique theatrical shows. Among the highlights are performances by acclaimed artists such as Lulu Santos, Bruce Dickinson, and Tom Zé, as well as the premiere of “A Última Entrevista de Marília Gabriela.” Music enthusiasts will […]

Amid economic challenges, Argentina’s industrial leaders have reaffirmed support for President Javier Milei’s administration. Despite a challenging economic climate marked by recession and job losses, the industrial sector stands with Milei. The Unión Industrial Argentina (UIA) noted a 6.8% annual decline in industrial activity in February, though there was a slight 0.7% month-on-month increase. This […]

On May 2, 2024, El Salvador made history by inaugurating its first embassy in Riyadh, Saudi Arabia. This pivotal event marked El Salvador as the first Central American country to establish a diplomatic presence in the kingdom. The ceremony was attended by notable figures including El Salvador’s Foreign Minister Alexandra Hill and the Saudi Ambassador […]

In March 2024, Brazil saw credit card interest rates soar to an annual peak of 421.3%, as reported by the Brazilian Central Bank. This report highlights the ongoing challenges within Brazil’s credit industry where rates reached as high as 442.1% annually. Amidst this volatility, the total credit market expanded to R$5.873 ($1.1) trillion, a 1.4% […]

Turkey’s decision to halt trade with Israel escalates Middle East tensions. Triggered by Gaza conflict concerns, this move includes a ban on 54 goods such as steel, cement, and chemicals, due to Israel denying Turkish aid flights into Gaza. These restrictions will persist until Israel’s military ceases operations in Gaza and allows uninterrupted humanitarian aid. […]

In March 2024, Brazil’s industrial sector saw a modest increase of 0.9% from February, as reported by the Brazilian stats agency IBGE. This uptick continued the growth from the previous month’s 0.1% rise, marking the second consecutive monthly increase. However, when compared year-over-year, March experienced a 2.8% decline, halting a seven-month run of positive results. […]

Scientists have discovered wild orangutans in Indonesia using natural remedies to treat ailments, a striking demonstration of their cognitive skills and use of environmental resources. In a notable case, a male Sumatran orangutan applied chewed leaves of the Dracaena cantleyi plant to a facial wound. This plant is known for its anti-inflammatory and pain-relieving properties. […]

In the first quarter of 2024, Argentina’s trade landscape underwent significant transformations. Exports surged by 18.6%, while imports plummeted by 19.9%, as per the National Institute of Statistics and Censuses (INDEC). This growth in exports, despite a decline in their prices by 8.1%, highlights an increasing global demand for Argentine products, particularly in agriculture and […]

On April 30, SIMA Peru and Spain’s Escribano Mechanical & Engineering finalized an agreement. They decided to equip Peru’s second multipurpose naval vessel, AMP-157 BAP Paita, with the Scamo weapons system. Valued at four million dollars, the contract specifies an 18-month timeline for completion, starting the day after the contract’s signing. Peru’s navy plays a […]

With nearly 40% of Americans viewing China as a foe, sentiment against Beijing has been at its peak since 2021. Even with recent diplomatic efforts, such as Secretary Blinken’s sports diplomacy in China, US-China relations remain strained. This tension persists under the weight of ongoing trade disputes, tensions over Taiwan, and China’s ties with Russia. […]

The British Royal Navy is currently transporting a Sea Harrier fighter jet and a Lynx helicopter over 8,000 nautical miles to the Falkland Islands. By spring 2025, these aircraft will feature prominently in a new exhibition dedicated to the 1982 conflict. The Joint Aircraft Recovery and Transportation Squadron (JARTS), composed of members from both the […]

Latin music’s revenue in the U.S. soared to $1.4 billion in 2023, marking a significant 16% increase from the previous year, which underlines the genre’s escalating financial success. This rise outpaces the overall market, signaling Latin music’s growing integration into mainstream culture. Major artists like Bad Bunny and Karol G have driven this trend. Their […]

Nearly a decade after the Mariana dam disaster, Vale and BHP Billiton, partners in Samarco, are at risk of having their R$127 billion ($25 billion) compensation offer rejected. The potential refusal would come from the governments of Minas Gerais and Espírito Santo. A joint governmental response is anticipated this Friday, with expectations leaning towards disapproval. […]

Dresden, once the epicenter of European chipmaking, is experiencing a renaissance in semiconductor manufacturing due to hefty investments from both global powerhouses and local entities. Historically, since the mid-1990s, the city has transitioned from hosting initial ventures by companies like AMD. It has since become a significant hub, with Globalfoundries transforming it into Europe’s largest […]

In 2023, China’s corporate landscape experienced varied outcomes, with non-financial firms reporting their first profit decline in five years. These companies logged a combined profit of 2.85 trillion yuan ($399 billion), a decrease of 100 billion yuan ($14 billion), or about 3%. This downturn was largely driven by a sluggish property market. It negatively impacted […]

After a public holiday, Brazil’s market bounced back with the Ibovespa index climbing 0.95% to 127,122 points. Meanwhile, the US dollar dipped by 1.53%, settling at R$ 5.112. Investors were keenly observing US interest rates, anticipating no further increases. Despite the Federal Reserve’s silence on rate reductions from 5.25% to 5.50%, the market remained watchful. […]

Palmeiras clinched a dramatic 2-1 victory over Botafogo-SP on Thursday night, marking a thrilling start to their Copa do Brasil campaign. The intense match at Allianz Parque featured key moments including Rony’s opening goal, a swift equalizer by Patrick Brey, and a last-minute winner from Estêvão, propelling Palmeiras toward the Round of 16. This two-leg […]

Today, Friday, May 3, soccer fans have a full slate of exciting matches to eagerly look forward to. Highlights include Luton Town facing Everton in the Premier League and Al Taawoun battling Al Hilal in the Saudi Championship. The schedule also features matches from the French League, Italian Serie A, La Liga, and the Spanish […]

On May 2, 2024, São Tomé and Príncipe in Africa announced its intent to seek colonial reparations from Portugal. Education Minister Isabel Abreu outlined the planned negotiations with Portugal. She spoke at a regulatory meeting, highlighting the reparations’ complexity and the need for cooperation. Days earlier, President Carlos Vila Nova had criticized Portugal for past […]