Over the past decade, public investment in research and development (R&D) within European Union (EU) countries has risen by 49.2%, reaching €117.368 (US$128) billion in 2022, up from €78.656 billion in 2012, according to data from Eurostat. This 2022 investment accounts for 0.74% of the EU’s GDP for the year, a 5.4% increase from the […]
Related Posts
Latin America’s 2024 Economic Slump Amid Challenges
In 2024, Latin America faces economic growth slowdown, with the World Bank predicting a GDP rise of only 1.6%, down from earlier 2.3% estimates. This forecast, reminiscent of the 2010s, highlights ongoing structural problems preventing prosperity. Key growth barriers include low investment, weak consumption, high interest rates, and falling commodity prices, worsened by global uncertainties. […]
The Brazilian diaspora in 2022: top destinations and trends
According to data from Brazil’s Ministry of Foreign Affairs, in 2022, approximately 4.6 million Brazilians resided outside their home country. This figure, gathered from the ministry’s 196 global outposts, reveals a 4% increase from the previous year. The United States is the primary destination, home to 1.9 million Brazilians, which is 42% of the total […]
Chile Initiates Key Defense Exercise
Chile’s military initiated the ‘Storm 2023’ exercises in the Magallanes region on November 6th, scheduled to continue through November 10th. The drills engage the army, navy, and air force in complex exercises. Troops from the Army’s 5th Division, the Navy’s National Squadron, and the Air Force’s 4th Brigade are all participating. These exercises aim to […]