(Opinion) In a strategic move, President Luiz Inácio Lula da Silva is poised to instigate a significant shift in his administration come August. This shift encompasses a cabinet reshuffle, a novel federal investment program, and a concerted effort to bolster his popularity. This reconfiguration of the government will witness the integration of the Centrão, a […]
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Lewis Hamilton, a leading Formula 1 driver, frequently lauds Brazilian racing legend Ayrton Senna and shares a profound connection with Brazil. In his 2021 championship, he celebrated with Brazil’s flag, honoring Senna. At the award ceremony, emotion overtook him as he recalled his idol. Hamilton finds a second home in Brazil, especially in São Paulo. […]
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 […]
Editorial: Global South on the rise – changing power dynamics and the West’s wake-up call
(Editorial) As the power dynamics on the world stage continue to evolve, the focus is increasingly shifting toward the Global South. This term refers to the emerging and developing economies that, to date, have not explicitly aligned with any major power blocs. A case in point is the upcoming BRICS summit, bringing together the leaders […]