The Brazilian government has called on the Federal Police to examine the reasons behind a widespread power outage that impacted most parts of the country, as stated by the Minister of Mines and Energy, Alexandre Silveira. The blackout, the origins of which remain unclear, led to power disruptions in all Brazilian states except for Roraima […]
Related Posts
Ecuador Escalates Security Measures Amid Unprecedented Violence
Responding to rising violence, President Daniel Noboa of Ecuador has initiated a 60-day state of emergency across several regions. This measure affects seven provinces and the Ponce Enríquez canton, targeting areas plagued by organized crime. Noboa framed this action as an escalation in the fight against narcoterrorism. Since January, his government has been combating 22 […]
Brazil’s 2023 Tourism Surge Surpasses Pre-Pandemic Levels
In November 2023, Brazil marked a tourism milestone, surpassing pre-pandemic international tourist arrivals. The country welcomed 504,395 foreign visitors, marking a 7% increase from 2019 and achieving the second-highest historical visitor count, just behind 2015’s record. Argentine tourists, drawn by major events at Rio’s Maracanã Stadium, contributed significantly, says Embratur. They made up 25% of […]
Brazilian Stocks Continue Downward Amid Fiscal Revisions and Global Tensions
For the fifth consecutive session, the Brazilian stock market recorded a decline, closing down 0.75% at 124,388.62 points. This marks the first five-day loss since late October 2023. Concurrently, the commercial dollar rose by 1.64% to R$5.26, even hitting R$5.28 briefly. The market’s mood was influenced by the government’s decision to adjust the primary fiscal […]