Chilean voters, harking back to the Augusto Pinochet military regime (1973-1990), have once more rejected a Constitution revision proposal. The proposal failed, with 55.76% of voters opposing it. President Gabriel Boric addressed the nation on Sunday. He acknowledged the people’s clear decision against the constitutional change. Boric stressed that this vote concludes the constitutional process […]
Related Posts
Investor Anxiety Spikes Over Peru’s Pension Withdrawal Debate
A bill in Peru has sparked market unease, proposing that citizens withdraw from their retirement funds. This move might necessitate pension funds liquidating assets, potentially freeing up $7 billion for withdrawals. Set for a Congressional vote on Thursday, the anticipation has led investors to shy away from stocks, foreseeing asset liquidation by pension fund managers […]
Foreign tourist spending in Brazil in 2023 exceeds 2019 level
In the first half of the year, foreign tourist spending in Brazil brought in US$3.229 billion (equivalent to R$15.3 billion), a figure 7.2% higher than the US$3.075 billion recorded over the same period in 2019, the last pre-pandemic year. According to the Central Bank’s data, which has been collected since 1995, there’s a noticeable rebound […]
Forward March: Brazil’s Armed Forces Embrace Women in Combat Roles
In a groundbreaking shift, Brazil is preparing to allow women to assume combat roles within the Armed Forces by 2025. Historically, since joining the Navy in 1980, Air Force in 1982, and Army in 1992, women in Brazil’s military have served in healthcare, logistics, and maintenance. The decision to expand their roles to include combat […]