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audience statistics The Rio Times
News from Latin America and the Global South
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JBS Exceeds Expectations Despite Market Challenges
In a stunning first-quarter reversal, JBS achieved a profit of R$ 1.6 billion ($310 million), starkly contrasting with last year's losses.
Atlético-MG Loses to Peñarol, Ending Perfect Copa Libertadores Record
Atlético-MG faced Peñarol at Estadio Campeón del Siglo on Tuesday for the fifth round of Copa Libertadores Group G.
Thrilling Night at Neo Química: Corinthians Triumphs
On a charged Tuesday night at the Neo Química Arena, Corinthians showcased their dominance with a 4-0 thrashing of Argentinos Juniors.
Brazil Projects Lower Grain Production for 2024
Brazil, one of the world's largest grain producers, forecasts a grain production of 299.6 million tons for 2024.
Chile Boosts 2024 Growth Forecast to 2.7%
The Chilean government raised its economic growth forecast for the year 2024 to optimistic 2.7%, up from 2.5%.
Central Bank of Argentina Reduces Interest Rate to 40%
The Central Bank of the Argentine Republic (BCRA) announced a new interest rate reduction yesterday night.
Mexican Economy Enters a Period of Significant Slowdown
As Mexico strides into 2024, it encounters a significant economic slowdown paired with an anticipated growth of 2.2 percent.
Venezuela's Oil Production Soars to Yearly High
Venezuela's oil production reached 878,000 barrels per day in April, hitting its highest level since May of the previous year.
Brazil's Supreme Court President Advocates for A.I. in Judicial Decisions
Brazil's Supreme Court President, Luís Roberto Barroso, sparked intrigue by advocating for artificial intelligence (AI) in the judiciary.
Political Pressure Forces Petrobras CEO Prates Out
On Tuesday evening, Petrobras (PETR4) announced that CEO Jean Paul Prates requested an early termination of his tenure.
Shifting Tides in Brazil's Economic Policy: The Final Cuts
(Analysis) The latest update from Brazil's Monetary Policy Committee (Copom) indicates the nearing end of the interest rate reduction cycle
Nubank Sees Profit Surge Amid Rising Delinquencies and Expansion
Nubank reported a net profit of $378.8 million in the first quarter of 2024, marking a 167% increase from the same period last year
Milestone Moment: Argentina's Dip into Single-Digit Inflation
April marked a historic moment for Argentina under President Javier Milei's leadership, with inflation tumbling to 8.8%
Oil Prices Decline Amid U.S. Monetary Policy Concerns and Oversupply Fears
On Tuesday, May 14, oil prices fell due to concerns over the potential tightening of U.S. monetary policy by the Federal Reserve
BlackRock Nears Top Bitcoin Holder Status
Around seven years ago, BlackRock's CEO, Larry Fink, dismissed Bitcoin as a tool for money laundering
Flood Crisis in Rio Grande do Sul Threatens Brazil's Economic Stability
In Rio Grande do Sul, a state pivotal to Brazil’s economy, catastrophic floods are unraveling years of progress
BYD's Strategic Launch in Mexico Revolutionizes Truck Industry
BYD Co., a leader in China's electric vehicle production, is set to launch the BYD Shark in Mexico on May 14, 2024.
Brazilian Services Sector Grows by 0.4% in March
In March, the Brazilian services sector grew by 0.4% compared to February, following seasonal adjustments.
GOL's Revenue Falls, Posts Significant Q1 Loss
Brazil's GOL Linhas Aéreas reported a substantial net loss of R$ 130.2 million ($25.29 million) in Q1 2024.
Latin American Millionaires on the Move
Political instability, social advantages, and opportunities to invest in stable economies are driving Latin American millionaires to migrate
Pakistan Announces Comprehensive Privatization Plan for State Enterprises
Pakistan has unveiled an extensive privatization plan for state-owned enterprises (SOEs), expanding beyond loss-making entities
OpenAI Introduces GPT-4o with Enhanced Voice and Image Capabilities
On Monday, OpenAI unveiled its latest model, the GPT-4o, featuring significant advancements in voice and image interaction
Global Supply Chains Shift Amid US-China Chip Conflict
The US and China have intensified their competition over semiconductor dominance
Biden Introduces Sharp Tariff Hikes on Chinese Goods
On Tuesday, President Biden significantly raised tariffs on Chinese imports, including EVs, semiconductors, batteries, solar cells, steel.
U.S. Navy Deploys F/A-18F Jets in Guyana Amid Tensions with Venezuela
Amid escalating tensions with Venezuela over the disputed Esequibo region, the U.S. Navy deployed two F/A-18F Super Hornet jets to Guyana.
Violence Against LGBTQIA+ in São Paulo Rises 970% in Eight Years
A new report from Instituto Pólis reveals a 970% increase in violence against LGBTQIA+ individuals in São Paulo from 2015 to 2023.
Tuesday's Morning Call: Stock Market Awaits Copom Minutes Release
Tuesday is crucial for the stock market as the Central Bank releases minutes from last week's Copom meeting.
Scientists Create Detailed Brain Map, Find Mysterious Patterns
Researchers from Harvard and Google created the most detailed map of human brain connections ever with interesting findings.
Vinicius Junior Leads as Most Valuable Brazilian Footballer
Vinicius Junior, a top candidate for the best player globally, leads the list of most valuable Brazilian footballers.
São Paulo Triumphs Over Fluminense with Comeback Victory
São Paulo maintained their unbeaten streak under coach Luis Zubeldía by defeating Fluminense 2-1 at Morumbi.