Russia says it struck Ukrainian forces near Bakhmut

The Brazilian government is firing up two diesel power plants to combat an intense Amazon drought. This move aims to prevent blackouts in Rondônia and Acre during peak demand. The National Electric System Operator (ONS) recommends this action. Low river levels stopped the Santo Antônio Hydro Plant in Porto Velho earlier this week. Since July, […]

Brazil’s President, Luiz Inácio Lula da Silva, recently pledged to boost the nation’s naval industry. He aims to support Petrobras, the top oil firm. Lula announced plans to construct ships and offshore platforms. This move will invigorate Rio de Janeiro’s economy and counter its crime-linked image. During an event in Rio, Lula promised unparalleled investment […]

In Brazil’s bustling financial world, a new trend is turning heads and raising eyebrows. Smaller banks are offering Certificates of Deposit (CDs) with eye-popping interest rates, some as high as 140% of the country’s benchmark rate. This move has caught the attention of big banks, regulators, and even lawmakers. These high-yield CDs have become a […]