In 2023, Brazil experienced a significant economic shift with an 81% increase in federal government investment. Rising from R$ 39.15 billion ($8.01 billion) to R$ 70.7 billion ($14.43 billion), this growth marked a departure from the spending restrictions set by the 2017 cap. This increase was largely enabled by the “spending cap breach” PEC, a […]
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Brazil Rises as Innovation Leader in Latin America
Brazil is emerging as a leader in innovation within Latin America and the Caribbean. This progress is evident as Brazil moves up in the Global Innovation Index (GII) for the third consecutive year. The GII is a respected international ranking assessing countries’ innovation ecosystems. Brazil achieved significant progress in its 2023 edition, released by the […]
International Court Weighs In on Israel-Gaza Conflict
The International Court of Justice (ICJ), the United Nations’ top court, today directed Israel to safeguard innocent Palestinians in Gaza. This provisional ruling, delivered in The Hague, stopped short of demanding an immediate ceasefire in the region. The court emphasized Israel’s responsibility to provide humanitarian aid to civilians, highlighting the worsening humanitarian crisis in Gaza. […]