Peru's President Dina Boluarte deals with extreme analysis after the arrest of her brother, Nicanor Boluarte.Authorities implicate him of leading a criminal network affecting federal government appointments.His arrest sparked an examination into possible abuse of authority after President Boluarte dissolved the authorities unit that had actually been investigating him.Inte
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On Thursday, the U.S. dollar experienced a significant increase of over 1%, a reaction to the contentious choice by Brazil's Monetary Policy Committee (COPOM) to decrease the speed of Selic rate cuts.This choice, a close call at 5 votes to 4, was made late Wednesday, lowering the Selic rate by 25 basis indicate an annual rate of 10.50%. This vote
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The Ibovespa index took a significant hit, closing 1% lower at 128,188.34 points after the Central Bank of Brazil (Copom) trimmed the Selic rate to 10.50% per annum.

The reduction by 0.25 percentage points, down from 10.75%, surprised markets and signaled a cautious approach to monetary easing.

This slight rate cut amplified investor concerns,

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The Community of Portuguese Language Countries (CPLP) now commands the world’s fourth-largest Exclusive Economic Zone (EEZ), spanning approximately 7.9 million square kilometers.

This massive area is predominantly influenced by Brazil, Portugal, and Cape Verde, which contribute 47%, 22%, and 10% of the territory, respectively.

Other contributors

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In 2023, Peru faced a deepening economic strain, evidenced by rising poverty levels and falling real incomes.

Nearly 30% of Peruvians, equating to 9.7 million individuals, lived below the poverty line, marking an increase of 1.5 percentage points from the previous year.

This trend was particularly pronounced in urban areas, where poverty rates

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In the early months of 2024, witnessed a downturn in its Economic Climate Indicator, signaling a shift in business sentiment.

The National Institute of Statistics (INE) reported a decline from the upbeat trends of late 2023.

However, the current figures still surpass the recent year averages, suggesting a lingering optimism not seen at the start of

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