Why are China and the US competing for influence in Pacific island nations?

Competition is intensifying between China and the United States in the South Pacific, and each of them seeks to generate influence among island nations that have not received much attention from the superpowers since World War II. The stakes increased in 2022, when the Solomon Islands signed a security agreement with Beijing, the first in …

Brazil announces that it aims to reduce electricity bills with funds from Eletrobras

Lula da Silva approves payment by Brazil's Petrobras of 50% in retained dividends

Charlie

The Brazilian president, Luiz Inácio Lula da Silva, on Friday, gave his approval to the state oil company Petrobras distributing 50% of the additional dividends it withheld in March, local newspaper Folha de S.Paulo reported. Petrobras' board voted last month to set aside US$8.43 billion in additional dividends to pay in the future, taking investors …

US jobless claims remain stable

Australia

US jobless claims remain stable

Charlie

Initial applications for subsidies unemployment in the US they remained moderate last week, in line with the good health of the labor market. Initial claims remained at 212,000 in the …