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In May, Brazil experienced a significant 11.2% boost in oil production compared to the same period in 2022, resulting in a daily output of 3.2 million barrels. This marks a 1.9% increase from April, as announced by the authorities. According to the National Petroleum Agency (ANP), the primary source of this production surge remains the […]
The Brazilian Navy uses Tropicalex 2023 for the operational debut of the S-BR Riachuelo submarine. Built by ICN, this annual exercise kicked off on September 18. It spans the maritime area between Rio de Janeiro and Salvador and concludes on September 28. The exercise focuses on upgrading Brazil’s naval vessels, subs, and aircraft readiness. It […]
Mexico’s public deficit has reached unprecedented levels, according to recent data from the Ministry of Finance and Public Credit. The deficit, measured through Public Sector Borrowing Requirements (RFSP), hit 1.10 trillion pesos ($56 billion) between January and August 2024. This figure represents a 53% increase compared to the same period last year. The current level […]
