Azul Airlines, a major Brazilian carrier, has encountered a setback in its financial standing. Credit rating agencies S&P Global and Fitch have lowered the airline’s credit rating to CC. This downgrade reflects growing concerns about Azul’s ability to meet its financial obligations. The decision comes as Azul attempts to restructure its finances and reduce its […]
Related Posts
São Paulo’s housing crisis: from Minhocão shelter to microhousing solutions
São Paulo’s iconic overpass, Minhocão, stretches through the heart of South America’s largest city. Known officially as Elevado Presidente João Goulart, this landmark is a refuge for many. Increasingly, under this 3.5 km structure, homeless families set up tents and were displaced due to soaring rents. Many others rely solely on blankets provided by the […]
U.S. Enhances Bahrain’s Defense Capabilities with Major Arms Sale
The United States has authorized a comprehensive arms sale to Bahrain, signaling a significant boost in the latter’s military strength. DSCA’s announcement includes Abrams tanks and specialized military vehicles for recovery, mine-clearing, and bridge launching. This move not only upgrades Bahrain’s military assets but also its strategic defense mechanisms. The acquisition, featuring 50 M1A2 Abrams […]
Religion and Politics: Mexico’s Candidates Seek Papal Blessing
Religion plays a key role in shaping politics. Candidates of all beliefs visit the Vatican, showcasing its significance. After gaining power, Milei’s view of Pope Francis dramatically changed, highlighting the Pope’s influence. Recently, Pope Francis has been central to Mexico’s presidential race. Both right-wing Xóchitl Gálvez and left-wing Claudia Sheinbaum met with him, underscoring the […]