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The Rio Times

News from Latin America and the Global South

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Rising PMIs Indicate Diverse Economic Trends in Japan and the UK

In April 2024, Japan saw a notable rise in its manufacturing PMI to 49.9, the highest since June 2023 but the UK's industrial PMI dipped.

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Los Angeles Takes on Urban Heat with Reflective Streets

Los Angeles is pioneering urban cooling by applying heat-reflective coatings to its streets, significantly lowering surface temperatures

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Fujian's Maiden Voyage Amplifies China's Naval Capabilities

China's latest aircraft carrier, the Fujian, recently commenced its inaugural sea trials, signaling a major advancement in Beijing's naval

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Hong Kong's Ascendancy in the Crypto Market

Hong Kong is asserting itself as a leader in Asia's cryptocurrency scene with the introduction of its inaugural Bitcoin and Ethereum ETFs

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Global A.I. Ambitions Meet Africa's Tech Evolution

The United States and China are intensifying their influence over artificial intelligence (AI) development in Africa, aligning their efforts

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Afghanistan's Surge in Tourism under Taliban Rule

Since the Taliban's resurgence in 2021, Afghanistan has witnessed a significant surge in tourism, with visitor numbers soaring from 700

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Turkey's Next-Gen Aircraft Carrier Sets Sail for Technological Independence

Turkey is actively advancing its naval capabilities by introducing a new 60,000-ton, 285-meter long aircraft carrier.

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El Salvador's Assembly Fast-Tracks Constitutional Reform

In El Salvador, a swift constitutional amendment by the Legislative Assembly has ignited debates on democracy and governance.

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Renewed Interest in Venezuelan Bonds

Venezuelan bonds have surged to a three-month peak, prompted by JPMorgan Chase reintroducing them into its emerging market indices.

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Latin America's Most Expensive Cities for Housing by Square Meter

Housing costs in Latin America are rising, with Montevideo, Ciudad de México, Monterrey, and Santiago having the highest square meter rates.