Straddling the border between Brazil and Paraguay, Itaipu commenced electricity production in 1984. The technological upgrades being planned for the site are set to take 14 years. Tifonimages | Istock | Getty Images GE Renewable Energy has signed a deal that will see it carry out upgrades to the 14 gigawatt Itaipu hydropower plant, a vast facility straddling the border between Brazil …
Jair Bolsonaro’s pro-markets stance helped him win the support of Brazil’s business elite — and eventually the presidency. So why do some experts say his policies have held back the country’s economic potential? At the turn of the century, Brazil was touted for its huge economic potential. The South American country was named alongside Russia, India and China as the emerging markets …
Diseased palm trees affected by a virus that causes the tree to rot in the Brazilian Amazon rainforest. UniversalImagesGroup | Getty Images Deforestation in Brazil’s Amazon rainforest surged in 2021, reaching a 15-year high as it emerged that the forest has begun emitting more carbon than it can absorb. Brazil’s National Institute for Space Research (INPE) estimated last month that …
A worker separates coffee cherries during a harvest on a farm in Guaxupe, located in the southwest of the state of Minas Gerais in Brazil, on Wednesday, June 2, 2021. Bloomberg | Bloomberg | Getty Images Coffee is one of the most widely consumed beverages in the world — but the surge in demand is threatening the planet, prompting environmentalists …
Police and demonstrators at a Extinction Rebellion protest, during the Cop26 summit in Glasgow. Picture date: Wednesday November 3, 2021. Jane Barlow – PA Images | PA Images | Getty Images GLASGOW, Scotland — Youth activists on the frontlines of the climate crisis have come to the COP26 summit to push for an end to inaction, urging politicians and business …
Pedestrians carrying shopping bags wait to cross a street in the SoHo neighborhood of New York, U.S., on Sunday, Oct. 24, 2021. Consumers are facing dire warnings to get their holiday shopping done early this year, especially if theyre planning to do it online. Bottlenecks in the global supply chain are posing a new challenge to the e-commerce industry, and out-of-stock items …
The prices for goods and services around the world are constantly rising, which is an economic phenomenon called inflation. Most governments welcome a certain level of inflation, but too great an increase or a decrease in prices can be dangerous for an economy. “Economists have come around to the view that a little bit of inflation is good,” CNBC anchor …
People may not have traveled much during the past year, but that didn’t stop them from searching for ideas online. Luxury travel operator Unforgettable Travel wanted to know which travel experiences people searched the most during the past year. With the help of digital marketing agency SEO Travel, the company compiled a list of 135 of the world’s most popular …
