In a bold move to reshape the energy landscape of South America, Paraguay is pushing forward with an ambitious pipeline project. This initiative aims to connect Vaca Muerta, a major natural gas site in Argentina, directly to southern Brazil via Paraguayan territory. Paraguay seeks to position itself as a critical energy conduit in the region […]
Related Posts
A Mixed but Hopeful Economic Outlook for Chile in 2024
Chile is addressing its 2023 economic imbalances from the pandemic, anticipating a 0.5% GDP contraction this year. Despite this, a brighter future is predicted for 2024. A new Moody’s report forecasts an uptick in domestic spending as financial conditions improve. Moody’s suggests corporate credit quality will decline until 2024 due to dropping commodity prices. Yet, […]
The Hague to tackle “toxic” working conditions at town hall DutchNews.nl on 7 de July, 2023 at 9:48
The Hague local council is starting an investigation into the working culture at the city’s town hall following allegations of bullying. NOS reports that the council is acting on a letter, also sent to unions FNV and CNV, in which several anonymous civil servants are accusing superiors of exploiting them, discrimination, exclusion and bullying. The […]
U.S. Economic Data Triggers Dollar Slide, Fed Rate Cut Speculation Grows
On Friday, the US dollar dipped against the Brazilian real, mirroring its decline against other global currencies. This trend followed the release of disappointing US industrial data, sparking discussions about a potential Federal Reserve interest rate cut in June. The spot dollar ended the day down by 0.35% at 4.9545 reais, marking a 0.78% fall […]