In 2023, Brazil’s economy faced a significant challenge under President Luiz Inácio Lula da Silva’s administration. The country recorded a primary deficit of R$ 230.54 billion ($47.05 billion), the second-worst in its history since 1997. This deficit was only surpassed by the one in 2020, the initial year of the COVID-19 pandemic. This downturn, from […]
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Soy surge: how Brazil’s bean boom is satisfying China’s growing appetite
From January to July 2023, China, the largest buyer from Brazil’s market, imported 54 million tons of Brazilian soybeans, reflecting a 6% increase from the same period in 2022. Shipments to China account for approximately 70% of Brazil’s total soybean exports, while the bulk of China’s soy market relies heavily on Brazilian produce. To illustrate, […]
Pope Francis Elevates Progressive Peruvian Archbishop to Cardinal
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Illuminating the Sahel: Burkina Faso’s €6 Million Solar Leap
Burkina Faso’s renewable energy landscape is undergoing a transformative shift. The African Development Bank (AfDB) has approved a €6 million grant for the Dédougou solar project. This funding, provided through the Sustainable Energy Fund for Africa (SEFA), will power an 18-megawatt solar plant in western Burkina Faso. The Dédougou project, situated 250 kilometers west of […]