September in Brazil marks a stark reality this year—the country’s hydroelectric plants are bracing for the lowest natural water inflow in nearly a century. As the Electric Sector Monitoring Committee (CMSE) scrambles to maintain energy stability, Brazilians are gearing up for a rise in electricity costs. The dwindling river flows are prompting a shift to […]
Related Posts
Chile to boost prosperity through national lithium strategy
Chile’s National Lithium Strategy is essential for the country and aims to generate additional wealth, as the Chilean Mining Minister, Marcela Hernando, explained Thursday. She met with regional leaders of the Copper Workers Federation (FTC) to discuss the strategy announced by the Chilean government last April. The initiative is of great importance, as it intends […]
Santa Catarina’s Rise as Brazil’s Leisure Boat Capital
Santa Catarina has evolved beyond its scenic beaches like Balneário Camboriú and tranquil Garopaba to become Brazil’s nautical nucleus. With half of the nation’s leisure boats produced here, Itajaí, in particular, shines as the heart of this industry. The Boat Show, the sector’s foremost event, not only underscores this status but also showcases the region’s […]
Bank of Japan Hikes Rates Above Zero After Eight Years
After eight years of maintaining interest rates below zero, the Bank of Japan (BOJ) has made a historic decision to raise interest rates above zero. Amid Japan’s main stock index nearing record highs, wages rise at the fastest rate in over three decades. Despite avoiding recession and low interest rates, this signals a pivotal moment […]