The drought in 2022 and 2023 led to an unprecedented water crisis in Uruguay and significantly impacted its economic growth projections. In this setting, Uruguay’s Central Bank and the Chamber of Commerce show a 27.4% fall in agriculture in the second quarter of 2023. This decline had a sizable impact on the country’s economy. Specifically, […]
Related Posts
São Gonçalo do Rio Abaixo: the unassuming town with the highest per capita income in Brazil
Situated in the central region of Minas Gerais, São Gonçalo do Rio Abaixo, a small town with only 12,000 inhabitants, has Brazil’s highest revenue per capita. Despite the high tax revenue, the town’s financial prosperity doesn’t always align with the lived experience of its residents, many of whom remain unaware of their hometown’s economic status. […]
Brazil’s Unemployment at Lowest Since 2015
In Brazil, the jobless rate dropped to 7.8% for the quarter that ended in August 2023. This marks a decrease of 0.5 percentage points from the prior quarter spanning March to May 2023. Furthermore, it’s the lowest unemployment rate observed since a 7.5% rate in February 2015. Compared to last year’s time frame, there’s a […]
Thousands Protest Sánchez’s Catalan Amnesty in Madrid
Thousands protested in Madrid on Saturday against Prime Minister Pedro Sánchez’s plan to grant amnesty to Catalan separatists. This move was instrumental in Sánchez’s recent re-election. Around 170,000 people, as per government counts, gathered at Cibeles Square, displaying Spanish and European flags. The conservative opposition strongly supported this demonstration. Protesters, spanning various ages, denounced Sánchez […]