The submarine S-81 Isaac Peral has achieved a significant milestone by successfully conducting its first periscopic level navigation during dynamic dives. Led by Navantia, the program has released impressive images of the submarine emerging from the waters of the Bay of Cartagena after its inaugural submerged navigation. Safety measures were in place during the operation, […]
Related Posts
EU Activates Largest Solar Plant in Guinea’s Abandoned Former Capital
The European Union has inaugurated Guinea’s largest solar power station on Bolama Island, advancing renewable energy under the “Ianda Guiné” initiative. Partnering with TESE, a Portuguese NGO, the project represents a major renewable energy leap in the region. Alfredo Pais of TESE oversees the Bolama plant, which consists of 1,091 solar panels over 6,500 square […]
Mozambique’s Bank Reserves Soar Amid Central Bank Moves
Due to Mozambique’s central bank’s actions, bank reserves have soared by 277%, now totaling €3,491 million ($3,735.37 million). Initially, the bank set reserves at 10.5% for local currency and 11% for foreign deposits. At that time, total deposits were 62,616 million meticais (€925 million / $990.25 million). The central bank adjusted these ratios twice in […]
Brazil Emerges as Second-Largest Magnet for Foreign Direct Investment
In the first half of 2024, Brazil solidified its position as a prime destination for foreign capital. The South American nation attracted $32 billion in foreign direct investment (FDI), securing its place just behind the United States. This achievement comes on the heels of Brazil’s strong performance in 2023. The Organization for Economic Cooperation and […]