In 2024, Brazil is strategically navigating through fiscal challenges, projecting a deficit of R$ 14.5 billion ($2.84 billion), a minor 0.1% of its GDP. The updated estimate, now standing at R$ 9.3 billion ($1.82 billion), highlights Brazil’s fluctuating economic conditions. Despite this, it remains within the set fiscal limits, permitting up to a 0.25% GDP […]
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Brazil Rallies for World’s Vastest Tropical Wetland
In a new development, Brazil unites to protect the Pantanal, the world’s largest tropical wetland and one of the country’s natural treasures. Entrepreneurs, farmers, and NGOs lead the charge against threats like illegal logging and agriculture. They’re pushing for preservation with new laws, land purchases, and advanced monitoring technologies. The Pantanal Law, a significant milestone, […]
Rising Unemployment in Chile’s Recent Quarter
In the September-November quarter of 2023, Chile experienced a rise in unemployment, reaching 8.7%. This increase, as reported by the National Institute of Statistics (INE), was 0.8 percentage points higher compared to the same period last year. The growth in the labor force outpaced the total number of individuals gaining employment. This imbalance contributed to […]
Ecuador’s Power Crisis Sparks Diplomatic Plea to Colombia
Ecuador’s President Daniel Noboa reached out to his Colombian counterpart, Gustavo Petro, seeking help amid a severe electricity shortage. The crisis has forced Ecuadorians to endure daily blackouts lasting up to 14 hours. Noboa’s request came during a televised interview on TC Televisión, where he announced an upcoming meeting with Petro. The two leaders plan […]