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For the past four decades, Colombia has relied heavily on various types of rotary-wing aircraft for anti-insurgent, anti-terrorist, and anti-narcotics operations. The terrain and security situation have necessitated this approach, which has proved operationally effective due to experiences from ongoing conflict situations. The Air Force, Army’s Air Assault Aviation Division, Navy’s Naval Aviation, and the […]
In April, Brazil’s Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight shift towards uncertainty, even as the index remains within a favorable range. Economist Anna Carolina Gouveia from FGV/Ibre highlighted that the index increased after two consecutive months of decline. This […]
In 2023, Brazil’s top banks, including Itaú Unibanco, Caixa Econômica Federal, and Banco do Brasil, saw their profits rise by 1.9% to $21.21 (R$107.5) billion. This growth helped balance out the lower earnings from Bradesco and Santander Brasil, which faced challenges due to high default rates on older loans. Itaú led the profit surge, finding […]
