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brazil

The company Coin Cloud, operator of cryptocurrency ATMs, announced that it is filing for bankruptcy, according to Chapter 11 of the United States Bankruptcy Law. Coin Cloud currently operates some 4,000 bitcoin ATMs in this country and in Brazil. However, due to a debt of more than USD 150 million,…
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Brazil and Argentina will have a common currency

The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc.…

Venezuela appointed an ambassador to Brazil

Nicolás Maduro appointed Manuel Vicente Vadell as the country's ambassador to Brazil, where he will begin his diplomatic mission after the inauguration of the president-elect, Luiz Inácio Lula da Silva, on January 1st, 2023, to restore…

Lula da Silva’s cabinet will have 37 ministries

The future Brazilian Minister of the Presidency and current governor of the state of Bahia, Rui Costa, stated this Saturday that the government of Luiz Inácio Lula da Silva, of the Workers' Party (PT), will be made up of 37 ministries.…

Brazil is the focus of computer attacks

A study conducted by Karpersky's Threat Outlook found that between August 2021 and August 2022, there were 2,366 malware attacks and 110 phishing messages blocked per minute in Latin America, with Brazil being the main victim. Brazil…

IDB to elect new president soon

The Inter-American Development Bank (IDB) will choose a new president next Sunday, November 20st, among the five applicants who finally formalized their candidacy. After opening the process to run for the race on September 28, the…

Lula wins the elections in Brazil

The left-wing candidate Luiz Inácio Lula da Silva (50.88%) won by a narrow margin over his rival and current Brazilian president, Jair Bolsonaro (49.12%) with 99.63% counted and thus strengthens the options of comeback after a start of the…