Venezuelan President, Nicolás Maduro, called for the prompt return of the oil company Citgo, a subsidiary of Venezuela’s national oil company, Petróleos de Venezuela (PDVSA). He claimed that the U.S. government, through actions of the Treasury Department, took control of the company unjustly. During his televised program ‘With Maduro +’, he stated, “Venezuela demands the […]
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(Opinion) The Basel-based Bank for International Settlements (BIS) has announced a blueprint for a new monetary system incorporating digital central bank currencies (CBDCs). While the touted benefits include seamless integration of exchange services and more efficient transactions, this plan could be a harbinger of a dystopian future where an unprecedented level of economic control and […]
Dollar Drops and São Paulo Stocks Climb Amid Israel Events
On Monday, while the U.S. dollar dropped 0.62% to R$ 5.13, São Paulo’s Ibovespa index climbed 0.86% to 115,156 points. Market caution persists due to Israel-Hamas tensions. In the early hours, the dollar reached a peak of R$ 5.18. On the other side, Ibovespa touched a low of 113,448 points, marking a 0.63% drop. Then, […]
Are you ready to trust your next ride to a robot chauffeur?
Developing driverless cars is an incredibly complex challenge, as companies like Tesla and Google have discovered. These vehicles need to perceive their surroundings and physically control the car without human input. Scientists at the University of Tokyo, led by Dr. Kento Kawaharazuka, have taken a novel approach to this problem. Instead of creating a fully […]