Brazil’s judicial system incurs significant costs, as highlighted by cases managed by Judge Maria Izabel Pena Pieranti. She handled the 2022 homicide case involving a German consul in Rio de Janeiro and revealed ties between the police, organized crime, and politicians. In November 2023, local media reported that Pieranti earned a paycheck totaling 1.1 million […]
Related Posts
Venezuela’s Strategic Shift to Cryptocurrency for Oil Trading
Venezuela, faced with mounting international sanctions, is now turning to cryptocurrency for oil trading, according to local media. This represents a significant shift away from the traditional financial systems that the U.S. dollar dominates. Moreover, the country’s move seeks to avoid the economic barriers, particularly those set by the United States amid geopolitical strife. Therefore, […]
Venezuela’s economy faces recession in 2023 with subdued aggregate demand
In the first half of 2023, Venezuela’s economy has seen two strong contractions resulting in a 7% drop, as reported by the Venezuelan Finance Observatory (OVF). This suggests the economy has entered a new recessionary phase. Despite increased oil production, the decline is primarily attributed to weakened domestic aggregate demand. Some contributing factors have not […]
ASEAN foreign ministers meet in Jakarta to address Myanmar crisis and regional challenges
Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and partner countries have convened in Jakarta to discuss the situation in Myanmar, which has caused global concern and created divisions within ASEAN. Indonesian Foreign Minister Retno Marsudi, chairing the meetings, stressed the need for ASEAN to navigate regional and global dynamics and promote collaboration […]