Colombian and Brazilian presidents hold talks on Amazon rainforest

F126 Frigates: Germany’s ‘Swiss Army Knives’ of the Sea

The F126 frigate program, led by Damen Shipyards Group, a Dutch company, in partnership with Germany’s NVL, marks a new era in naval capabilities. This project is a significant leap forward for the German Navy, enhancing its role in global maritime operations. Damen’s involvement in starting the construction of these frigates signals a crucial phase […]

Chile’s Central Bank has cut its main interest rate to 9.5%

Chile’s Central Bank has cut its main interest rate to 9.5%. The unanimous decision came as global inflation slows down. The bank issued a statement about the rate cut. It said that inflation and monetary policies differ among countries. Developed nations plan for tight money policy for a long time. Some emerging markets have already […]

Bolivia registers lowest inflation in the region during first semester

Bolivia has achieved the lowest inflation rate among South American countries in the first semester, according to Marcelo Montenegro, the Minister of Economy and Public Finance. The country’s inflation stands at 0.79 percent, the lowest in the region compared to Ecuador’s 0.9 percent and other countries experiencing higher inflation rates. Montenegro emphasized that this controlled […]