Under Lula’s administration, Brazil will monitor Venezuela’s controversial presidential election on July 28, which coincides with Hugo Chávez’s birthday. Due to its political significance, the election has captured global interest. However, despite promises of transparency, evidence suggests a biased setup favoring Nicolás Maduro. The pro-Maduro judiciary has barred opposition leader Maria Corína Machado by imposing […]
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Brazil’s external accounts with deficit of US$843 million in June, offset by direct investment of US$1.9 billion
In June 2023, Brazil’s external accounts experienced a deficit of US$843 million, a stark contrast from the surplus of US$ 266 million in the same month the previous year. However, a total of US$1.9 billion in direct investment in the country was reported, counteracting the deficit. The Central Bank unveiled this data on July 26. […]
Amazon Countries Witness Major Water Decline
A new MapBiomas study reveals a million-hectare water loss in nine Amazon countries over a decade. The data spans 2013 to 2022 and varies by country. For example, Brazil saw an increase in water areas. In 2022, Brazil had 18.8 million water-covered hectares, exceeding its 17.8 million average. Moreover, Ecuador, Peru, and Bolivia showed consistent […]