In 2024, Brazil’s towns will actively elect their mayors and council members, spotlighting the nation’s political heavyweight rivalry in local decision-making. President Luiz Inácio Lula da Silva and former President Jair Bolsonaro’s parties, PT (left) and PL (right), respectively, lead in declaring candidates for these positions. The upcoming municipal vote mirrors the country’s broader political […]
Related Posts
Swedish Company Ventures into Venezuelan Oil
Maha Energy, a Swedish company, is entering Venezuela following the U.S.’s relaxation of sanctions on the country. Maha secured rights in the Petrourdaneta project, linked to Brazil’s Novonor group. Kjetil Solbraekke, Maha’s CEO, confirmed this development. If successful, Maha might obtain Novonor’s 40% share in a joint venture. This venture involves Petróleos de Venezuela, the […]
Chile Steps Up Monetary Relief with Major Rate Drop
Chile’s Central Bank has significantly lowered its key interest rate by a full point, quickening monetary easing efforts for another round. Economists see this as a step towards achieving inflation targets soon. Rosanna Costa and her team cut the rate to 7.25% recently, aligning with 17 out of 21 Bloomberg analysts’ predictions. A few expected […]