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Foreign direct investment in LatAm soared 55% and reached its highest historical value in 2022

According to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Latin America’s foreign direct investment (FDI) experienced significant growth in 2022, reaching its highest recorded value. The region received a total of US$224.579 billion in FDI, marking a 55% increase compared to the previous year. ECLAC highlighted that this milestone was […]

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Samsung Catches Up in A.I. Memory Chip Race

Samsung Electronics has made a significant leap in the development of high-bandwidth memory (HBM) chips for artificial intelligence. This advancement comes after a period of setbacks that allowed competitors to gain ground. The company’s progress reflects the intense competition in the AI chip market. The demand for high-performance computing chips has surged due to the […]

Controversy Surrounding the Menkaure Pyramid Restoration

The restoration of Egypt’s Menkaure Pyramid has ignited a significant debate. This project, helmed by Dr. Mostafa Waziri and a Japanese team, focuses on repositioning granite blocks on the pyramid’s facade. The Menkaure Pyramid, part of the Giza Necropolis and a UNESCO World Heritage Site, is a critical piece of Egypt’s ancient heritage. Critics, including […]

Peru’s Economy Contracts Unexpectedly in March

Peru’s economy unexpectedly contracted in March, surprising analysts who had forecast moderate growth. The National Institute of Statistics and Informatics (INEI) reported that the economic activity index, a proxy for GDP, fell by 0.28% compared to the same month last year. Analysts had predicted a growth of 0.8%, but only one anticipated a contraction. Additionally, […]

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