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In May 2024, Angola's inflation struck a difficult 30.16%, the greatest considering that June 2017, when it peaked at 31.89%. This sharp rise is not an isolated event; it's a significant month-over-month increase of 2.49%, as reported by the Angolan National Institute of Statistics (INE). Every year, this rate has actually jumped by 19.54 percentage points considering that May 2023. Pr
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Read more: Angola's Soaring Inflation: A Harsh Reality Check for a Struggling Economy
Write comment (100 Comments)On June 14, 2024, Bitcoin's price dropped to $65,018, marking its lowest point in a month and a level not reached given that May 15. Bitcoin's worth was up to $65,018 on June 14, 2024, its most affordable level since May 15. This significant decrease triggered a $193 million liquidation in the derivatives market, primarily impacting long positions banking on Bitcoin's r
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Read more: Bitcoin Falls to Lowest Price in a Month, Triggers $193 Million Liquidation
Write comment (99 Comments)Colombia plans a major shift in military aviation, with President Petro discussing acquiring SAAB Gripen NG jets in Sweden.
This move aims to replace the aging Kfir bombers, a crucial change for national defense, according to FAC Commander General Luis Cordoba Avendaño.
The Kfir aircraft, enhanced by Israel Aerospace Industries, have become
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Read more: Having Severed Ties With Israel, Colombia Considers Swedish Gripen Jets
Write comment (100 Comments)On Wednesday, the U.S. dollar breached R$ 5.40 against the Brazilian real, a peak not seen in 18 months.This climb shows continuous fiscal concerns in Brazil and strategic hints from the U.S. Federal Reserve. The currency's closing rates stood at R$ 5.406 for purchasing and R$ 5.407 for selling, up by 0.86%. Throughout the day, the dollar saw changes,
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Read more: [Brazil] - U.S. Dollar Climbs Past R$ 5.40, First Time Since 2022 Amid Economic Tensions
Write comment (95 Comments)(Analysis) In the 2010s, Venezuela aimed for decarbonization, cutting carbon emissions from 198 million tons in 2013 to 62 million in 2020.
This reduction stemmed not from proactive policies but from a drop in oil production due to U.S. sanctions and mismanagement.
The US targeted PDVSA, Venezuela’s state oil company, crippling its ability to export
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Read more: Venezuela’s Energy Crisis: A Struggle Beyond Oil
Write comment (96 Comments)Mercado Libre Inc., an Argentine business, has actually attained a significant milestone. It ranks 57th internationally on the 2024 Kantar BrandZ Top 100 Most Valuable Global Brands list.In 2022, MercadoLibre became the first Argentine business to enter the ranking, protecting the 71st position.In 2023, it was ranked once again, slightly lower at 72nd place, however this year
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Read more: [Brazil] - MercadoLibre Achieves New Milestone in Global Brand Value Rankings
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