Authorities said that the black boxes of the Brazilian-built Embraer 190 Azerbaijan Airlines jet that crashed on Wednesday in Kazakhstan will be sent to the manufacturing country's aviation watchdog to further investigate the causes of the accident near Aktau, a port on the Caspian Sea in western Kazakhstan, far from the aircraft's planned route.
The Chinese BYD electric car factory construction in northern Brazil has turned out into a dispute between Chinese investors and Brazilian authorities who accused the Chinese contractor of having Brazilian labor working in slavery-like conditions that allegedly entered the country with temporary labor visas.
For the first time in 170 years, chocolate maker Cadbury has been dropped from the list of royal warrants. The Birmingham-based chocolatier was awarded its first royal warrant as a chocolate and cocoa manufacturer by Queen Victoria in 1854, but it lost its royal endorsement under King Charles.
By Gwynne Dyer - From his purchase of New Jersey casinos to his proposed acquisition of Greenland, Donald Trump’s real estate deals have always been plagued by bad timing. The United States could probably have bought Greenland from Denmark in 1917 (when it did buy the U.S. Virgin Islands from the Danes), but he’s a century too late now.
Uruguayan state-owned oil company Ancap, through Alcoholes del Uruguay (ALUR), signed an agreement with HIF Global to implement an ambitious green hydrogen and synthetic fuels project in Paysandú. The investment, estimated at US$6 billion, aims at producing 700,000 tons per year of renewable fuels, with a significant impact on the local and regional economy.
While several theories are being thrown into the fray regarding the probable causes of Azerbaijan Airlines' Flight J2-8243 crash in Kazakhstan, one thing seems to be for sure: the Brazilian-built Embraer E-190 jet was damaged from the outside, leading to at least 38 deaths while there are 29 survivors, some of whom were also said to be in a serious condition. In the meantime, representatives of Embraer have arrived at the site where the plane crashed.
Former Brazilian President Dilma Rousseff, who now chairs the BRICS' New Development Bank (NDB) said Friday after meeting with Uruguay's President-elect Yamandú Orsi at the latter's transition headquarters that the South American country was best positioned to access financing at lower rates for digital, social infrastructure, and education developments.
After concluding the fourth review of the Policy Coordination Instrument (PCI) with Paraguay as well as the second one on the Resilience and Sustainability Facility (SRS), the International Monetary Fund (IMF) approved a disbursement of US$186.28 million in Special Drawing Rights (SDRs) representing nearly US$ 245 million to help the South American country's green energy matrix expansion.
Despite declining international wheat prices, Russia has been exporting wheat at record levels this season, ahead of a quota set to take effect on February 15. The quota is part of the government’s strategy to bolster domestic supply and curb inflation, which currently stands at 9.5%.
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