Argentina’s Navy is eyeing Brazil’s “Tupi” class submarine, given the country’s absence of functional submarines for six years. During the recent “Fraterno” drill, Argentine personnel trained on Brazil’s “Tikuna” sub. Both nations’ naval units, including frigates and destroyers, joined the exercise. The “Tupi” is an advanced Type 209/1200 version. Argentina uses a similar model, ARA […]
Related Posts
Barcelona’s Record €631 Million Transfer Loss in World Football
From 2014 to 2023, FC Barcelona recorded the worst transfer balance in world football, with a staggering loss of €631 million. This negative outcome primarily resulted from high-cost acquisitions of players like Philippe Coutinho from Brazil and French stars Ousmane Dembélé and Antoine Griezmann, who collectively cost the club €390 million. In contrast, French club […]
Brazil’s Ibovespa Falls Amid Global Market Closure and Commodity Retreat
As September unfolded, the Brazilian stock market, represented by the Ibovespa, experienced a downturn, closing down by 0.81% at 134,906.07 points. This decline was influenced by the absence of trading in New York markets due to a holiday and a drop in commodity prices, while investors awaited fresh economic data. The U.S. dollar, tracked by […]
Brazil’s Economic Index Drops in Q3
Brazil’s Central Bank reported a 0.64% decline in the IBC-Br, a preliminary GDP measure, in the third quarter of 2023. This decrease was announced on November 17, 2023, compared to the previous quarter. In September, the index fell by 0.06%, not meeting the financial analysts’ expectation of a 0.20% rise. This downturn marks the second […]