President Luiz Inácio Lula da Silva’s administration faces a critical balancing act in managing Brazil’s fiscal challenges. This year, a record R$4.9 billion ($942 million) was allocated in a single day, with 60% of the Ministry of Health’s budget directed toward congressional demands. The total R$21 billion discretionary budget dedicated R$12.8 billion to parliamentary amendments, […]
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A 29-year old man from Tajikistan and his 31-year-old wife from Kyrgyzstan were arrested in Noord-Brabant on Thursday on suspicion of planning a terrorist attack. According to information from Dutch security service AIVD, the man is suspected to be a member of terrorist organisation IS. His alleged plans for an attack were not at a […]
Argentine parallel dollar reaches record high
In Argentina, the parallel dollar value has reached a record high of 525 pesos per unit for public sale. It has been steadily climbing, surpassing 500 pesos per unit on July 12, with the trend persisting. This increase occurs in anticipation of the country’s elections on August 13. The parallel “blue dollar” has an 87% […]
Diplomatic Moves: Brazil Hosts Xi Jinping and Engages with Biden
Brazil is preparing for significant diplomatic engagements as it hosts the Group of 20 (G20) summit in Rio de Janeiro next month. President Luiz Inácio Lula da Silva will welcome Chinese President Xi Jinping for an official state visit immediately following the summit. This visit highlights the growing ties between Brazil and China, especially in […]