Heavy rainfall causes severe flooding in Spain

In May, Brazil witnessed a trade surplus of $8.534 billion, though this figure shows a sharp 22.3% drop from the previous year’s $11 billion. The decline reflects broader economic shifts impacting the nation’s trade dynamics. Export revenues fell to $30.338 billion, a 7.1% decrease from last year, while imports edged up slightly by 0.5% to […]

Mexico’s Army is seeking a significant investment to modernize its fleet. They’ve requested about $655 million to update vehicles that have been in service for over 15 years. This request is part of a broader initiative to keep the Army and Air Force well-equipped. The plan includes buying more than 1,300 4×4 Humvee vehicles and […]

In 2023, Latin America and the Caribbean anticipate a significant increase in remittances, reaching an all-time high of $155.908 billion. This marks a 9.5% rise from the previous year. The region’s dependency on these funds varies, highlighting economic disparities. Central American countries expect remittances to form 12.7% of their GDP in 2023. South America, in […]