Your Global News Source
The upcoming presidential election in the Maldives on September 9 is gaining attention due to the potential political implications it may have on both regional and international scale. Former President Abdulla Yameen, whose presidency was known for an open embrace of China, serving his sentence in the country’s largest prison for accepting bribes and money […]
Angola’s central bank has increased its benchmark interest rate to 18%, a rise from the previous 17%. Governor Manuel Tiago Dias announced this decision to address the country’s growing inflation. This change follows a recent meeting of the Monetary Policy Committee (CPM) in Luanda. The bank’s strategy includes maintaining a restrictive monetary policy. This approach […]
The Brazilian Chamber of Foreign Trade CNC projects a real revenue of R$458 billion ($92 billion) for Brazil’s tourism in 2023. This marks an 8.8% increase from 2022. Extended holidays contribute to this growth. Each long holiday could add 2.1% to yearly revenue. In monetary terms, that’s an extra R$48 billion ($9.6 billion). This is […]
The Brazilian telecommunications sector, privatized 25 years ago, has seen a total investment of R$ 1 trillion (about US$210 billion), according to data from Conexis Brasil Digital. Since privatization in 1998, when Telebras was the sole provider of fixed lines, cable TV, and mobile telephony, the country has experienced significant growth in communication accessibility. From […]