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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...

Argentina’s Confidence Boosted by Second Rate Cut

In a bold move to combat skyrocketing inflation, the Argentine Central Bank has reduced its benchmark interest rate from...

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, echoing his previous leadership goals. However,...

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...

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...

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...

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...

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 report ranks Brazil 19th among the world's top 25 investment destinations. This...

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...

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...

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...