On November 20, 2023, the Itaipu Hydroelectric Plant set a new daily record in energy production. This plant, owned by Paraguay and Brazil, generated 287,848 megawatt-hours (MWh). This achievement surpassed the previous record from November 16, where it produced 282,781 MWh. Such high output reflects the plant’s growing capability. The plant’s success is due to […]
Related Posts
Google Ads spread Mac malware disguised as popular browser
Google Ads are mostly harmless, but if you see one promoting a particular web browser, avoid clicking. Security researchers have discovered new malware for Mac devices that steals passwords, cryptocurrency wallets and other sensitive data. It masquerades as Arc, a new browser that recently gained popularity due to its unconventional user experience. GET SECURITY ALERTS, […]
Debt Woes Escalate for Ethiopia as Credit Rating Drops
Ethiopia, facing a challenging economic period, recently saw its credit rating downgraded by Fitch Ratings. This change indicates a heightened risk of the country defaulting on its debts. Previously known for rapid economic growth, Ethiopia is now grappling with heavy debt following a devastating civil war and the effects of the COVID-19 pandemic. The downgrade […]
Doubts Over Chinese Investments Grow
Investors now see Chinese assets, including the yuan and government bonds, as likely to perform poorly. This year, changes in the Federal Reserve’s stance could favor emerging markets, except for China. Recent data show China’s economy, the world’s second-largest, continues to slow. This scenario prompts the People’s Bank of China (PBOC) to consider rate cuts. […]