(Opinion) In September, Brazil announced a record oil and gas production, averaging 3.672 million barrels daily. This achievement shows a 6.1% increase from August’s figures. Furthermore, when compared to September 2022, there’s an impressive 16.7% growth. These figures strengthen Brazil’s role in global energy markets. But there’s a burning question. How does this intense focus […]
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Opinion: Brazil’s top court is deepening the divide
(Opinion) Brazil’s top court STF made today a controversial decision and deepened the divide between left and right. This latest ruling has everyone talking. Aécio Lúcio Costa Pereira, one of many Bolsonaro supporters, faced their judgment. His crime? Storming and breaking into the Senate on January 8th and not being a supporter of Lula. The […]
Argentine Army Upgrades: New Advanced Tanks Set to Boost Military Strength
The Argentine Army plans to add three new TAM2C A2 tanks in the coming months. The Chief of the Cabinet of Ministers, Nicolás Posse, announced this in his first management report to the Argentine Senate. The Army already has two completed and evaluated TAM2C A2 tanks. In collaboration with the Israeli company Elbit Systems, the […]
Brazil Narrows Current Account Deficit to 1.32% of GDP
Brazil’s current account deficit decreased to $28.6 billion (1.32% of GDP) in 2023 from the prior year’s $48.3 billion (2.47% of GDP), as reported by the Central Bank. The current account shortfall in December was reported at $5.8 billion, an improvement over the $7.5 billion recorded in the same month a year earlier. This deficit, […]