In 2023, Brazil’s public sector, including all government levels and state firms, recorded a notable primary deficit. From January to November, the deficit reached R$ 119.6 billion (approximately $24 billion), marking the second-largest in history. This deficit was surpassed only by that of 2020, a year heavily impacted by the COVID-19 pandemic, which compelled increased […]
Related Posts
Latin American Prisons: Safe Havens and Recruitment Centers for Gangs
In Ecuador, an army intervention in prisons marked a response to gang leaders’ escape, igniting countrywide chaos. This event sheds light on a widespread issue across Latin America, where criminal groups wield control inside prisons. Inmates pay for protection and essentials, turning prisons into command centers for external operations, including violence and trafficking. Mario Pazmiño, […]
Why Are There Vikings on a Colombian Island?
Inhabitants of Isla Mulatos in Colombia strikingly resemble Vikings with their blue or green eyes, blond hair, and fair skin, setting them apart from the region’s usual demographics. The secluded island is home to about 600 people with distinctive genetic makeups, which fascinate locals and scientists alike. Known as “culimochos,” the community boasts over 200 […]
Argentine government threatens to use police force to curb parallel dollar rally
The Argentine Ministry of Economy has indicated its intent to employ Federal Police and tax agents to address the rising trade of parallel dollars. This was stated on Tuesday by the country’s Economic Minister and presidential candidate, Sergio Massa, following a meeting with trade union representatives. The unofficial dollar, often referred to in the black […]