Finance Minister Fernando Haddad recently likened the role of Petrobras’ president to that of a government minister. He underscored the position’s critical importance shortly after Jean Paul Prates was dismissed from the role. This comparison indicates the strategic significance of Petrobras, Brazil’s largest company, whose operations have broad implications for the country’s economy and geopolitical […]
Related Posts
Rebuilding Rio Grande do Sul: A $21 Billion-Dollar Battle Against Flood Devastation
In the wake of catastrophic flooding, Rio Grande do Sul faces a formidable and significant reconstruction challenge. Federasul projects a staggering need for R$110 billion ($21 billion), potentially escalating to R$176 billion ($33.5 billion) in adverse scenarios. Fernando Marchet, a Federasul executive and CEO of Bateleur, led this detailed analysis. During a virtual meeting this […]
Rio Records Highest Temperature of the Year
On Saturday, November 18, Rio de Janeiro experienced its hottest day of the year, reaching a scorching 41.9ºC at noon. This temperature was the highest recorded by the National Institute of Meteorology (Inmet). They measured it at the Marambaia station in Rio’s western zone. Moreover, a new peak in the heat index was observed. In […]
Chile Leads in Latin American Tap Water Quality for 2023
‘WaterMetrics Global’ announced in 2023 that Austria, Norway, and eight other countries achieved a perfect score for their tap water quality. In these places, people can safely drink from the tap. In contrast, Chile shines in Latin America. It has a Water Quality Index of 66.8. This places Chile 38th in the world rankings. People […]