In February 2024, Brazil’s economic landscape faced significant challenges, with its Gross Government Debt (DBGG) reaching a record high of 75.55% of its GDP. This marked a 0.43 percentage point increase from January, escalating concerns over the country’s fiscal health. The Brazilian National Treasury’s projections indicated that the debt-to-GDP ratio would hit its highest at […]
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The three Baltic nations, Estonia, Latvia, and Lithuania, are adjusting their defense policies to bolster their active and reserve military personnel, mirroring NATO’s increased presence. These changes involve procurement of air and coastal defense systems, missile systems, and terrestrial equipment worth billions of euros. Major General Imants Ziediņš, the head of the Joint Chiefs of […]
Brazil Ranks 5th in Climate Litigation: Economic Implications and Global Trends
(Analysis) Climate litigation cases have surged worldwide, with Brazil ranking fifth globally. This trend reflects growing concerns about environmental issues and their economic impact. In 2023 alone, 230 new cases emerged globally, with 55% originating in the United States. The United States leads the world in climate litigation, accounting for nearly two-thirds of all documented […]
