Nearly one million visitors attended Rio’s Carnival, generating $782 million in revenue for the city.
Carnival around the world: big return on investment
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Monthly Archives: February 2015
Trucker strike in Brazil weakens but hardliners remain
Trucker unions reached an agreement with the government but some independents continue roadblocks.
Turkey looking to the West over China for antimissile contract
The previously-preferred Chinese company has been dragging its feet on technology transfer.
Indonesia’s economic ties with Brazil at risk in row
Indonesia is reconsidering a pending deal to buy fighter jets and missiles from Brazil.
Coca-Cola suspends operations in troubled Mexican state
The decision comes amid escalating security threats from the protest movement in Guerrero.
Italian companies feeling pain from Libya chaos
Italian companies operating in Libya like Eni could face an immediate aggregate loss of 1 billion euros.
Illegal gold mining in Colombia, “the new cocaine”
Criminal groups take over local mines, causing rural inhabitants to flee violence and environmental damage.
Severe power crisis in Ghana causing economic pain
Less than half of Ghana’s installed capacity has been available, causing chronic power outages.
New drone export rules to help U.S. compete with Israel
American firms, previously limited, will be able to compete with Israel in India especially.
Mercosur in disarray, FTA with E.U. unlikely
Members’ protectionism and expanded ties with China undercuts Mercosur’s trade goals.
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