Nicaragua uniquely continues to invest in tanks across Central America. Other nations in the region have moved towards tactical armored vehicles, leaving tanks as relics of the past. In a significant military update in 2016, Nicaragua acquired over 50 T-72B1 tanks from Russia. This move aimed to replace their aging Soviet-era T-55 and T-54 models, […]
Related Posts
Uruguay Cuts Poverty: A Sharp Contrast with Argentina
Uruguay’s government reported that only 10.4% of its population couldn’t meet basic needs in the first-half poverty statistics. Extreme poverty is at a mere 0.2%. Meanwhile, Argentina reported a 40.1% poverty rate, affecting over 18 million people. The data show a large gap between the two neighboring countries. Uruguay’s poverty fell from 10.7% in the […]
2023 Economics Nobel Goes to Claudia Goldin
Claudia Goldin earned the 2023 Nobel Prize in Economics for her in-depth research on women and jobs. She collected data on women’s work in the U.S. for over two centuries. This research sheds light on the shifts in roles and earnings for women. Jakob Svensson, the committee chair, praises Goldin’s work. He believes it’s crucial […]
Projected GDP growth of 2.24% and inflation of 4.95% in Brazil for 2023 according to financial market
The most recent Focus Report suggests a 2.24% increase in the Brazilian GDP (Gross Domestic Product) for the year 2023, up 0.05 percentage point from last week’s forecast. After a consistent eight-week rise, the GDP growth projection stabilized last week at 2.19%. Inflation rates for 2023 are projected to stay at 4.95%, halting a consecutive […]