Ethiopia has completed the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, signaling a major step in its economic growth and regional influence.

The $4 billion dam, built on the Blue Nile near Sudan’s border, will generate over 6,000 megawatts of electricity—more than doubling Ethiopia’s current power capacity.

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Venezuela has opened the first Kalashnikov ammunition factory in the Americas, in Maracay, close to Caracas.

According to Russia’s state company Rostec, the plant can make up to 70 million cartridges a year for the AK-103 assault rifle, which uses the 7.62x39mm caliber.

Four production lines are running: two for regular bullets with steel cores, and

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Copa Airlines has announced it will add new flights and bring back old routes across Latin America and the Caribbean, using its main hub in Panama City. Starting December 4, 2025, Copa will fly three times a week to Los Cabos, Mexico, a fast-growing tourist spot.

In January 2026, the airline will also restart flights to Santiago de los Caballeros

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Gold prices edged greater to $3,340.91 per ounce on July 4, 2025, according to Trading Economics, marking a 0.44% gain from the previous day.The market responded to a mix of macroeconomic signals and geopolitical developments, with traders closely seeing U.S. fiscal policy and international tensions.The rate action followed a volatile session, where
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Brazil is building the Salvador-Itaparica Bridge, which will be Latin America’s longest overwater bridge at 12.4 kilometers.

It will connect Salvador, Bahia’s capital, to Itaparica Island, replacing a ferry system that has run since 1970 but often causes long delays. Without the ferry, travelers face a 150-kilometer detour around the bay.

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Main market information from July 3, 2025, reveals the United States dollar traded at 5.4088 Brazilian reais in the early morning session, marking its least expensive level in over a year.The genuine gained for a second successive day, even as the United States reported stronger-than-expected task creation. The dollar's decrease against the genuine diverged from its international p
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