Electrobras, Brazil's main electricity complex has plans to invest some US$ 17 billion in the next five years through mergers and acquisitions. The company said that investments in electricity generation would come in at around US$3.6 billion over the period as it moves to comply with its goal of a clean energy complex.
Despite calls to the contrary the Federal Reserve is expected to raise interest rates by another 0.25% this week with Fed Chair Jay Powell expected to leave the door open to additional rate hikes later this year.
US President Joseph Biden has chosen Admiral Lisa Franchetti to become the next Navy Chief of Staff in an unprecedented decision. If confirmed, Franchetti, 59, would be the first woman to become a Pentagon service chief and the first female member of the Joint Chiefs of Staff. Franchetti, the current Navy's vice chief of operations, is said to have broad command and executive experience.
Argentine Economy Minister and presidential contender Sergio Massa might travel to the United States later this week to close an agreement with the International Monetary Fund whereby the global agency would give the South American country some US$ 8.5 billion, it was reported in Buenos Aires.
Former Manson Family member Leslie Van Houten was released Tuesday on parole from a California prison after serving 53 years of a life sentence for murder, the State's Department of Corrections reported.
US President Joe Biden has described relations with the UK as “rock solid” during talks in London with Prime Minister Rishi Sunak. Mr. Biden said he “couldn't be meeting a closer friend and a greater ally”. Mr. Sunak hailed the UK and the US as “two of the firmest allies” in NATO.
Air Force One carrying US President Joseph Biden Sunday landed at London's Stansted airport, marking the first stop of the Democratic leader's European tour which is to climax at the North Atlantic Treaty Organization (NATO) Summit in Vilnius, Lithuania, where Western allies will discuss support for Ukraine against the Russian invasion, among other issues.
The United States on Friday called on dozens of countries to work together to combat synthetic drugs, but China declined an invitation to attend.
Argentine-born Pope Francis Wednesday welcomed former US President Bill Clinton at his Casa Santa Marta residence. “Thank you very much for visiting me,” the former Archbishop of Buenos Aires said in English as he walked with help from a cane due to his knee problems.
A white substance found inside the White House late on Sunday, that prompted a brief evacuation, tested positive for cocaine, sources told two news agencies on Tuesday.