Angola is changing gears in its energy sector, pivoting from just pumping up production to spreading power more effectively. President João Lourenço recently announced this strategic shift, emphasizing a stronger focus on enhancing energy transport and distribution networks. This change took center stage during the re-launch of the Matala Hydroelectric Power Station. The station now […]
Related Posts
Colombia’s Unemployment Rate Climbs to 11.7% in Early 2024
As reported by DANE, Colombia’s joblessness rate reached 11.7% in February 2024, a minor rise from 11.4% the year before. Women faced higher unemployment at 14.7% than men’s 9.4%, creating a 5.3% gender gap. The Total Participation Rate stayed at 65.9%, while the Employment Rate dipped slightly to 56.4%. The TPR increased from 65.2% to […]
Brazil’s Ibovespa Rises After U.S. Jobs Report
The Ibovespa, Brazil’s leading stock index, initially fell following stronger-than-expected U.S. employment data. However, it quickly rebounded, gaining strength on Friday. This surge was driven by significant gains in blue-chip stocks, particularly Petrobras and Vale. At approximately 12:25 PM in Brasília, the index had climbed by 0.84% to 127,071 points. Simultaneously, the U.S. dollar traded […]
Sheinbaum Unveils Economic Plans for Mexico
On March 1, 2024, Claudia Sheinbaum began her presidential campaign in Mexico City’s Zocalo, representing the Morena party and the “Let’s Keep Making History” Coalition. She presented a comprehensive list of 100 promises as part of her “Project for the Nation.” This move echoes President Andrés Manuel López Obrador’s (AMLO) own campaign launch five years […]