Brazilian President Luiz Inácio Lula da Silva stated on Monday, July 7, in Rio de Janeiro, during the BRICS summit, that the US dollar’s hegemony will disappear.

Lula asserted that “the US dollar will cease to be the reference currency in international trade, and advocated for a gradual replacement by local currencies.”

According to the Brazilian president, this hegemony will gradually end until it is consolidated. He added that each country’s Central Bank must organize this process.

He stated: “The world needs to find a way to ensure that our trade relationship does not have to be based on the dollar.” According to the president, no one has established the US dollar as the standard currency for international trade.

M.Pino

Source: actualidad.rt

(Reference image source: Avinash Kumar on Unsplash)

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Mexico, Colombia and Uruguay have been invited by the President of Brazil, Luiz Inácio Lula da Silva, to participate in the next BRICS summit, which will take place in Rio de Janeiro next July.

The Brazilian leader considers the presence of these nations crucial to address issues that constitute global challenges. The invitation was made by Lula da Silva in Montevideo, during the inauguration of Uruguayan President Yamandú Orsi, last Saturday.

“Lula stressed that the BRICS have a significant weight in the world, representing almost half of the population and the international Gross Domestic Product. He also highlighted the influence of China and India within the group, underlining their decisive role in the world economy.”

Despite not being members of the group, the president of Brazil considers that the presence of envoys from Mexico, Uruguay and Colombia is crucial for the next summit in Rio de Janeiro and added: “It is important that at this BRICS summit we truly strengthen two fundamental things. We strengthen multilateralism and we strengthen free trade. Because if there is no free trade, there is no multilateralism, there is no democracy.”

M.Pino

Source: resumenlatinoamericano

(Reference image source: Raphael Nogueira on Unsplash)

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The governor of Rio de Janeiro, Claudio Castro, confirmed this Tuesday that the state, located in the southeast of Brazil, will host the next G20 summit of heads of state in November 2024.

As Castro has detailed on his Twitter profile, the meeting will bring together “the 20 largest world economic powers and another ten will be invited, for a total of 30.” The members of the G20, in addition to Brazil and India, are the United States, China, Germany, Russia, the United Kingdom, France, Japan, Italy, South Africa, Saudi Arabia, Argentina, Australia, Canada, South Korea, Indonesia, Mexico, Turkey and the European Union. In 2024 Uruguay and Paraguay will be invited.

“All of this is being possible thanks to the commitment and efforts that we are making to promote Rio de Janeiro in the world. This meeting is a milestone in our history,” he stated.

Thus, Castro has pointed out that on December 10 Brazil will receive the rotating presidency of the G20, currently in the hands of India. “The world’s eyes are on Rio de Janeiro”, has settled.

Source: dpa

(Reference image source: Raphael Nogueira, Unsplash)

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Starting in 2023, Rio de Janeiro was selected as the new venue for the Web Summit, the largest technology event in the world, according to information provided by the event organizers and the city council.

The mayor’s office of the town announced through a statement that the metropolis was chosen to hold “the first edition of the event in South America”, which will take place from May 1 to 4, 2023.

The Web Summit is an annual technology conference that was founded in 2009 by Paddy Cosgrave, David Kelly and Daire Hickey and has been held in Lisbon since 2016.

The conference brings together different business leaders and large technology companies from around the world, and its purpose is to boost “the local economy and the technology ecosystem“.

Rio de Janeiro hosts international events

Eduardo Paes, Mayor of Rio de Janeiro, highlighted that “the city is returning to the front row of the world stage. Rio already has a tradition of hosting major international events, and we are very proud to have been chosen as the first city in Latin America to host an event of this magnitude.”

The 2023 Web Summit is expected to receive more than 10,000 participants from around the world, who will be received in a protected space of approximately 87,000 square meters.

Brazil has approximately 21 companies valued in the market at more than 1,000 million dollars, it is also the only Latin American country that is part of the list of the top 10 global markets of “unicorns”.

M. Rodríguez

Source: versionfinal.com.ve

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As of 2023, the metropolis of Rio de Janeiro will accept cryptocurrencies for the payment of the Tax on Urban and Territorial Property (IPTU), as announced by the Secretary of Economic Development, Innovation and Simplification of Rio de Janeiro, Chicão Bulhões, and the Secretary of Finance and Planning, Pedro Paulo Carvalho Teixeira.

The announcement was made within the framework of the Carioca cryptoactivity event where it was also indicated that the municipality will hire companies specialized in converting crypto assets into reais, preventing “legal or technological problems” from being incurred because the City Council will receive 100% of the tax in national currency.

By receiving income in digital assets, the municipality will also be able to invest in cryptocurrencies, maximizing the profitability and collection of the city. For his part, Pedro Paulo Carvalho Teixeira, Secretary of Finance and Planning, considers the announcement of great importance due to the resources and the vocation that Rio has as a power municipality in the country.

“In this process, the City Council has been accompanying the technological and economic advances in the universe of digital financial assets, which have grown significantly and foster economic segments with enormous traction to boost the economy of the municipality,” he stressed. With the creation of an environment for business framed in the possibilities of a digital society, the potential of the city to attract new commercial activities and lead profound transformations in Brazil is facilitated and reinforced.

A crypto ecosystem in Rio de Janeiro

The secretary of Economic Development, Innovation and Simplification of Rio de Janeiro, Chicão Bulhões, explained that one of the objectives of the municipality is “To make Rio the cryptoecosystem of Brazil, contributing to the city becoming the capital of innovation and technology of the country”.

With a strong cryptosystem, the city’s growth possibilities are enhanced, in addition to those of the research centers and universities that are being installed. The mayor of the city, Eduardo Paes, also expressed his enthusiasm for the development of the cryptographic system, highlighting that his commitment “is to do whatever is necessary to develop and strengthen the cryptographic ecosystem in Rio.”

Boosting the economy

Experts in the cryptographic market and regulatory entities, as well as representatives of companies dedicated to the sector such as Mercado Bitcoin, Reinaldo Rabelo, who expressed their enthusiasm with the possibility of supporting the different ideas and projects for for the city of Rio de Janeiro to become a “crypto-friendly city”. In addition, he highlighted: “We are the largest exchange house in Latin America and a crypto-native company” that contributes to the dynamism of the city’s economy.”

For his part, the mayor also considers that the technological and financial development, both national and international, produced by “blockchain technology, means of payment and asset creation, stablecoins” and the activities and innovations constitute segments that can boost the economy of the country. country. “Especially in the traditional environment of innovation and existing market, the issue becomes of great relevance for our city”.

M. Rodríguez

Source: es.beincrypto.com

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Buenos Aires is the best positioned in the Latin American region for digital nomads. This was demonstrated by the ranking “The Work-from-Anywhere Index”, prepared by Nestpick, after evaluating the cost of living, visa options and habitability, to reach the position 33 out of the 75 that comprise it.

The ranking is led by Australian cities, followed by European and North American cities. While in Latin America the first to appear is Buenos Aires, followed by San José de Costa Rica, located in position 44. Rio de Janeiro, Brazil, is number 54. Mexico City was ranked 66, and Bogotá, Colombia, closes the global ranking of 75 cities considered “the best destinations to live” in the world for digital nomads.

For the Secretary General and International Relations of the Government of Buenos Aires, Fernando Straface, “Buenos Aires consolidates its global reputation as the leading city in the region to live, study and work. We are an ideal destination for digital nomads due to the quality and cost of life, cultural offer, diversity and high human ressources.”

The Argentine government launched the Digital Nomads BA program, with which it plans to captivate 22,000 digital nomads by 2023. This initiative includes an alliance with AirBnB to spread the City as a destination for this segment, more than 40 hotels plan to make discounts for the order of 20 % and special rates for long stay, late check-out and free upgrades for digital nomads.

Additionally, the local government is working together with the national government to create a special visa so that digital nomads can live for a year in the nation.

On the other hand, the city will be holding, in November, the first international conference for digital nomads, “BA Nomads”, preceded by ten webinars, where it will be addressing the best jobs and cities for this segment, meet women’s communities nomads and spread the advantages of Buenos Aires as a destination.

M. Rodríguez

Source: iproup

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