Brazil
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Latin American EV market accelerates threefold in 2024
The fleet of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
The world is getting darker, absorbing more sunlight, which is accelerating the Climate Crisis
The world is getting darker as the ice melts and that means it is absorbing more and more sunlight, which is accelerating the process.
Borsa Istanbul leads world markets in dollar-basis losses
Turkey’s exchange-traded fund down 9.5% in year-to-date. Thai performance second worst at 6.5%.
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Brazil and Russia edge closer on nuclear deal
Brazil and Russia are expected to advance cooperation on small modular reactor (SMR) technology, Brazil’s Minister of Energy Alexandre Silveira said after a visit to Moscow with President Luiz Inácio Lula da Silva.
Lula presses Putin to attend Ukraine peace talks as Russian leader sends deputies instead
Brazilian President Luiz Inácio Lula da Silva joined the chorus of voices piling pressure on his Russian counterpart Vladimir Putin to personally attend proposed peace talks with Ukraine in Istanbul, but to no avail.
China woos Latin America with $9bn credit line amid Trump trade tensions
China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.
Brazil's Lula leverages US-China tensions for investment windfall during Beijing visit
Brazilian President Luiz Inácio Lula da Silva has begun a five-day state visit to China, seeking to deepen economic and diplomatic ties with Beijing amid growing US-China trade tensions.
Brazil poised to challenge China's rare earth dominance
Brazil could emerge as a major competitor to China in the strategically critical rare earths market amid escalating global trade tensions and surging demand for these essential elements in high-tech manufacturing.
Brazil courts Moscow with nuclear and defence pacts as Europe rallies behind Ukraine
Brazil and Russia are pursuing extensive cooperation on nuclear technology, military hardware and space exploration, as President Lula da Silva dismissed European criticism of his attendance at Vladimir Putin's Victory Day celebrations.
Venezuelan dissidents escape Argentine embassy after year-long standoff in Caracas
Five Venezuelan dissidents who had sought refuge in Argentina’s embassy in Caracas have escaped the country after more than a year in hiding, in what sources described as a covert military operation led by the United States.
InDrive pioneering a sustainable "fair" ride-hailing business
The Siberia-born InDrive ride-hailing service is doing something special. It cut margins, offers the cheapest prices possible and is generous to its largely freelance staff. IIt is pioneering a new "fair" business model that works.
Brazil's Lula stakes peace broker role in Moscow visit
Brazilian President Luiz Inácio Lula da Silva will arrive in Moscow later this week for talks with President Vladimir Putin and to attend Russia's Victory Day May 9 celebrations.
COMMENT: Trump’s tariff drive hits emerging markets as growth and inflation forecasts slide – Oxford Economics
President Donald Trump’s aggressive trade policies are already casting a long shadow over emerging market economies, with analysts cutting growth forecasts and warning of prolonged investment uncertainty and policy disruption.
Brazilian police foil bomb plot targeting Lady Gaga's 2mn people Rio concert
Brazilian police have thwarted what they described as a planned bomb attack at Lady Gaga's free concert on Copacabana Beach, which attracted a record-breaking crowd of 2.1mn people on May 3.
Global press freedom indicator slips – Statista
This year's World Press Freedom Index highlights the economic situation of journalists and media organizations being a major risk to press freedom.
ECLAC cuts Latin America growth forecast amid global uncertainties
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
BRICS seeks new global alignment at Rio ministerial summit
The expanded BRICS alliance has emerged as a potent diplomatic force at its foreign ministers’ summit in Rio de Janeiro on April 28 ahead of the July meeting.
Global military spending surges to $2.7 trillion – Statista
Global military spending hit $2.7 trillion last year, according to the latest data by the Stockholm International Peace Research Institute (SIPRI), Statista reports.
China and EU step up climate leadership as Trump left out of pre-COP30 talks
Leaders of more than a dozen countries, including China’s President Xi Jinping and European Commission President Ursula von der Leyen, gathered virtually last week for high-level climate talks ahead of the Brazilian COP30.
LatAm set to be world's slowest-growing region as World Bank slashes forecasts
Economic expansion for region projected to be slowest globally as external pressures mount