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SpaceX, a prominent aerospace company, has selected WEG, a leading global electric motor manufacturer based in Brazil’s Santa Catarina state, to provide engines for their operations. This collaboration is part of SpaceX’s strategy to develop their own air separation unit, a method to produce oxygen used as rocket fuel, and decrease reliance on third-party suppliers. […]
From September onward, Argentina’s “regional economies” will experience a change in taxation on exports. Sergio Massa, the current Minister of Economy, recently confirmed the forthcoming policy change. Starting on September 1st, Argentina’s regional economies will no longer be subjected to withholding taxes on exports, Massa stated during a speech at the annual Rural Exposition in […]
This week, the Panama Canal Authority announced new steps to keep ship traffic moving smoothly. The changes come because this month has been the driest in 73 years of records. In a bulletin, the Authority said it will limit the number of ships that can pass between the Atlantic and Pacific from November 2023 to […]
Bolivian courts have lengthened the detention of opposition leader and Santa Cruz Governor Luis Fernando Camacho by an additional three months. He will stay in Chonchocoro prison in La Paz. This case is tied to Evo Morales’ 2019 exit as President. Prosecutors argued for 90 more days in a virtual hearing. They want extra time […]