Brazil and Paraguay are renegotiating terms for the Itaipu Dam, located on their border. They aim to set the 2024 energy rate and update the treaty’s Annex C. The main focus is the energy tariff, determined annually in dollars, covering dam operation and construction debt. Recently, Paraguay’s President met Brazil’s President to discuss increasing the […]
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Mexican President Andrés Manuel López Obrador celebrated the Mexican peso dropping below 17 pesos per dollar, a level not seen since 2015. The president expressed his delight during a press conference, noting that this had not happened in decades. The appreciation of the Mexican currency has been significant, with the exchange rate at 16.99 pesos […]
Al Sisi’s Campaign Dominates Cairo Ahead of Egypt’s Elections
As Egypt gears up for its presidential elections, Cairo is filled with President Abdelfatah al Sisi’s posters. This display hints at his strong chance for a third term. These posters, mostly funded by pro-government sources, emphasize Al Sisi, overshadowing his rivals. The crucial election is scheduled for December 10-12. In Cairo, small businesses face pressure […]