The military junta in Niger has announced the closure of the country’s airspace starting today, coinciding with the expiration of the ultimatum given by the Economic Community of West African States (ECOWAS) for the military to restore constitutional order or face potential military intervention. According to a statement read by Colonel Amadou Abdaramane on national […]
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Total flights offered by Brazilian airline Gol up 15.4% year-on-year in June; demand grows by 14%
In June, Gol experienced a notable increase in its overall flight offerings, with a growth of 15.4% compared to the previous year. Additionally, the company observed a 14% rise in consolidated passenger demand during the same period. Although Gol’s consolidated load factor decreased by 0.9 percentage points to 75.7% over the year, the airline successfully […]
Brazil’s State-Driven Pharmaceutical Push: BNDES Funds “Brazilian Ozempic” and More
Brazil’s government is taking a hands-on approach to pharmaceutical development. The Brazilian Development Bank (BNDES) has reached record levels of funding for the country’s drug industry in 2024. This move echoes strategies often seen in more socialist-leaning economies. BNDES President Aloizio Mercadante announced that by mid-July 2024, the bank had approved R$2 billion ($357 million) […]
Brazil’s Unprecedented Racial Identity Shift
Brazil’s population now identifies more as mixed-race than white, a first in the country’s history. The Brazilian stats agency IBGE reported this change. Its recent census revealed about 92.1 million people, or 45.3% of Brazilians, consider themselves mixed-race. This number has overtaken the 43.5% who identify as white. Moreover, 20.6 million Brazilians, or 10.2%, see […]