brazil
US organisation The Carter Centre, which works to advance democracy and human rights, has announced it was unable to verify the results of Venezuela's controversial presidential election. The body blamed authorities for a “complete lack of transparency” in declaring Nicolas Maduro the winner without providing any individual polling tallies. The statement given on Tuesday night by the Atlanta-based group is perhaps the harshest rebuke yet of Venezuela's chaotic election process - not least because it comes from one of just a handful of outside groups invited by the Maduro government to observe ...
Euronews (English)
By Amanda Langell Brazil takes on Spain in the final fixture of Group C at the 2024 Paris Olympic Games, and the Selecao must grind out a positive result against the reigning World Cup champions if they want to advance to the knockout rounds. Unsurprisingly, Spain are cruising through the group stage at the 2024 Paris Olympics. La Roja defeated Japan in their opening match and then earned a victory over Nigeria thanks to some late-game heroics from Alexia Putellas. Heading into their final Group C fixture against Brazil, Spain are atop the group with six points, and need only a draw to secure ...
90min (EN)
As a journalist covering Venezuela for over a decade, I’ve witnessed the country’s political landscape through the lens of a complex and often turbulent environment. Recently, I took on the role of a polling station officer, a position I hadn’t held in 18 years, to fulfill my civic duty. The experience was both eye-opening and disheartening, underscoring the deepening crisis in Venezuelan democracy. Here’s a detailed account of the tumultuous election day and its aftermath, revealing the broader implications for Venezuela’s future. A glimpse Into Venezuela’s electoral realityOn Sunday, I found...
Invezz
For the first time, finance leaders from G20 countries have agreed on a wealth tax on the world’s super-rich. It could raise around €230 billion to tackle causes like climate change and poverty. The wealth tax was proposed at a meeting between treasury ministers and central bankers from the world’s biggest developed and emerging economies in Rio de Janeiro. A joint statement last Friday said all countries had agreed to “engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed.” Beneath this consensus, however, disagreements are bubbling about whether the plan ...
Euronews (English)
Brazil is grappling with a ballooning budget deficit and rising government debt, posing significant challenges to its economic stability. In June 2024, the country’s nominal budget deficit surged to an unprecedented level, far exceeding market expectations and highlighting deepening fiscal imbalances. According to data from Brazil’s Central Bank, the nominal budget deficit reached BRL 135.72 billion in June 2024, a stark increase from BRL 89.62 billion in June 2023. This surge surpassed market forecasts, which had anticipated a deficit of BRL 102.3 billion. The central government’s deficit alo...
Invezz
The Brazilian real is in a strong downward trend against key currencies like the US dollar and the euro as investors focus on the upcoming central bank decision. The USD/BRL exchange rate has risen in the past seven consecutive months and is trading at its highest point since January 3rd. Corn and soybean pricesThe Brazilian real has tumbled because of the falling prices of some of its key exports. The Teucrium Corn Fund (CORN), which tracks the price of corn, has dropped by 16% this year and by 26% in the past 12 months. Similarly, the Teucrium Soybean Fund (SOYB) has dropped by 22% in the la...
Invezz
Belém (Brazil) (AFP) - The United States is launching a new initiative to help South American nations disrupt illicit activities that harm the Amazon rainforest, Treasury Secretary Janet Yellen announced Saturday in Brazil. "Across the Amazon, criminal organizations and individuals are motivated by the potential for financial gain to illegally harvest plants, minerals and wildlife," Yellen said in Belem, a city in northern Brazil surrounded by swaths of dense jungle. She said these "nature crimes" generate hundreds of billions of dollars each year and "often entail misusing and abusing the US ...
AFP
The G20 finance ministers have agreed to work towards effective taxation of the super-rich following a meeting in Rio de Janeiro. "With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed," the ministers said in a final declaration. "Cooperation could involve exchanging best practices, encouraging debates around tax principles, and devising anti-avoidance mechanisms, including addressing potentially harmful tax practices," the statement said. "The fight against hunger, poverty, inequality and the taxation o...
DPA International
The G20 finance ministers have agreed to work towards effective taxation of the super-rich following a meeting in Rio de Janeiro. "With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed," the ministers said in a final declaration. "Cooperation could involve exchanging best practices, encouraging debates around tax principles, and devising anti-avoidance mechanisms, including addressing potentially harmful tax practices," the statement said. "The fight against hunger, poverty, inequality and the taxation o...
DPA
The G20 finance ministers have agreed to work towards effective taxation of the super-rich following a meeting in Rio de Janeiro. "With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed," the ministers said in a final declaration. "Cooperation could involve exchanging best practices, encouraging debates around tax principles, and devising anti-avoidance mechanisms, including addressing potentially harmful tax practices," the statement said. "The fight against hunger, poverty, inequality and the taxation o...
DPA Breaking News
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