Thu, 20 Jun 2024 19:17:00 GMT
Montevideo remains the most expensive city in the region
Montevideo remained South America's most expensive place to live according to the Mercer Ranking released this week, closely followed by Buenos Aires, a place that has been moving up fast since President Javier Milei's Dec. 10,...

Thu, 20 Jun 2024 15:25:00 GMT
Fearing inflation ahead, Brazil's central bank leaves basic rate unchanged at 10,50%
With budget overspending and prospects of higher inflation in weeks ahead, the Brazilian central bank, independent from the Executive, kept the Selic rate unchanged at 10.50%. This means there are no expectations for a resumpti...

Thu, 20 Jun 2024 10:55:00 GMT
Petrobras CEO says oil will lead Brazil's energy transition
Despite being de-facto the new CEO of Brazil's state-run oil company Petrobras for a while, Magda Chambriard took her oath of office Wednesday during a ceremony in Rio de Janeiro, Agencia Brfasil reported. In her speech at the ...

Wed, 19 Jun 2024 09:49:00 GMT
Rio Grande do Sul's death toll updated to 177
According to an updated report on the floods in the Brazilian state of Rio Grande do Sul released Tuesday, 177 people had perished while 37 others were still unaccounted for. Agencia Brasil also said some 10,000 people were sti...

Tue, 18 Jun 2024 20:50:00 GMT
Foreign travelers keep pouring into Brazil and skipping Argentina
While Brazil welcomed a 14.8% growth in the number of foreign tourists in May this year from the same month of 2023, Argentina's domestic leisure travel showed a decline of nearly 65% during this past three-day weekend encompas...