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According to Alí Padrón, Venezuela’s Minister of Tourism, the nation’s tourism industry has recovered to 80% of its previous capacity, despite challenges from the global COVID-19 pandemic and U.S. sanctions. Both factors significantly impacted the sector, Padrón said. However, there was a marked improvement in the tourism industry in 2022, with recovery figures reaching nearly […]
Brazil’s industrial output dipped by 0.3% in February, following a decline the previous month, as reported by the IBGE on April 3, 2024. This downturn was felt across 10 of 25 sectors, with pharmaceuticals, printing, chemicals, and extractive industries experiencing the most significant drops. However, the narrative wasn’t all negative, as 13 sectors witnessed growth. […]
(Analysis) In a new development, the U.S. government is actively reconsidering its approach to $300 billion in frozen Russian funds. Originally deemed illegal, this significant policy shift is now under review due to evolving circumstances. This potential reallocation aims to bolster Ukraine’s military capacity amid its ongoing conflict. The Group of Seven (G7) nations, encompassing […]
