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Brazil returned to the world top 10 in information technology investments

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Brazil Reclaims Top 10 in Global IT Investment

Nation’s Tech Spending Surges, Outpacing World Average

Brazil has re-entered the global elite, now ranking among the top ten nations investing in information technology. This resurgence reflects a robust 13.9% growth in IT investments for 2024, significantly exceeding the global average of 10.8%.

Tech Sector Drives Economic Growth

The Brazilian IT market’s investments reached an impressive USD 59.5 billion, now accounting for 3.8% of the country’s Gross Domestic Product. This performance positions Brazil as the tenth largest global spender in software, hardware, and services.

Brazil’s IT sector shows significant growth, re-entering the top 10 global investors.

Dominance in Latin America

Within Latin America, Brazil leads IT expenditure by a substantial margin, capturing nearly 35% of the regional total. Mexico follows with 23%, and Argentina with 14% of the market share.

Innovation Flourishes in Small Businesses

The domestic software industry is characterized by a high concentration of micro and small enterprises, making up approximately 94.5% of companies. This structure underscores the “importance of local innovation in a highly fragmented ecosystem.”

Key Industries Drive Demand

Financial, telecommunications, and industrial sectors were the primary drivers of technological solutions demand. Notably, the industrial sector, encompassing manufacturing and logistics, saw a remarkable 22.1% increase in IT investments, signaling accelerated digitalization in production chains.

Future Trends Point to AI

The adoption of Cloud, IoT, and CRM applications continues its upward trajectory. Looking ahead to 2025, the report highlights generative artificial intelligence and autonomous agents as emerging key trends shaping the market.

Brazil returned to the world top 10 in information technology investments
Brazil holds the tenth position in global IT spending across software, hardware, and services.

Projected Growth for 2025

The IT market is forecast to continue its expansion in 2025, with an anticipated 9.5% rise in investments. This projected growth rate slightly surpasses the estimated global average of 8.9% for the same period.

Tariffs Pose Indirect Risk

While recent US tariffs on Brazilian products primarily target manufactured goods, potential indirect impacts on IT investments from affected sectors could arise. This might lead to “defensive economic decisions” as businesses navigate evolving trade landscapes.

Export Performance Trails Domestic Growth

Brazilian software exports saw a modest 2.5% increase, with services growing by 2.9%. These figures lag significantly behind the robust progress observed in the domestic market.

Cloud and AI Investments Soar

In 2024, Brazil allocated USD 3.5 billion to public cloud services, a 20% surge. Investments in generative AI projects reached USD 2.4 billion, up 30%, while ERP solutions saw USD 4.9 billion invested, with SaaS models dominating 30% of implementations.

Government Initiatives Foster Digitalization

Strategic government policies, including the Brazilian Artificial Intelligence Strategy (EBIA) and E-Digital, alongside the National Internet of Things Plan, aim to boost digitalization and productivity. A proposed USD 4.07 billion investment plan from 2024 to 2028 focuses on business innovation, infrastructure, and training.

Brazil promotes AI strategy.
Brazil’s commitment to advancing its artificial intelligence capabilities is a key part of its national strategy.

Challenges Remain for SMEs

Despite advancements, many small and medium-sized enterprises (SMEs) still grapple with low digital maturity, lack of integrated systems, and limited access to financing. A deficit in specialized talent and tax bureaucracy present significant hurdles.

Regulatory Concerns Over AI Bill

The proposed Bill 2.338/2023 concerning Artificial Intelligence has drawn criticism for being potentially restrictive, regulating the technology from its inception rather than focusing solely on high-risk applications.

Maintaining Regional Competitiveness

While Brazil leads in Latin America, its market share decreased slightly from 36.7% in 2023 to 35% in 2024, underscoring the need for continued efforts to maintain regional competitiveness.

Pioneers of Brazilian Tech Growth

Companies like TOTVS, a leader in Brazil’s ERP software market, and Stefanini, a global consultant with an “AI-First” approach, exemplify Brazil’s significant strides in the technology sector.

Consolidating Global Standing

Brazil’s return to the forefront of technological investment is driven by domestic expansion, widespread adoption of cloud and AI technologies, and supportive government policies. To solidify this position, addressing the deficit in technological exports, bolstering SMEs, and enhancing talent development, regulatory clarity, and digital inclusion are crucial.

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News

Corsica: Nazione Demands Abandonment of Harmful Autonomy Project

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

Corsican Nationalist Party Nazione Escalates Opposition to Autonomy Plan, Calls for land Preservation & Electoral Reform

ajaccio, Corsica – The Corsican nationalist party Nazione has sharply escalated its opposition to the proposed autonomy agreement currently under discussion, vowing to fight against what it calls a betrayal of the Corsican people. The announcement,made during a gathering at the Ghjurnate gallery,signals a potential shift in the islandS political landscape and a renewed focus on land rights and electoral integrity.

Nazione views the current trajectory as a risky one, framing the political forces at play as a repeating cycle of past failures. The party intends to leverage popular mobilization, mirroring the strategy of the Kanak National Liberation Front and socialist (FLNKS), which is preparing to formally reject the “Bougival text” – the proposed autonomy agreement – at an upcoming congress. Nazione argues the agreement is detrimental to the interests of the Corsican population.”We are running with alternatives, with the friends,” stated party spokesperson Petru antone Tomasi, “but we warn, we will fight so that it does not build on a return from the political forces of the past.” The party is actively courting those previously aligned with other political movements who feel disillusioned,calling on “patriots who sincerely believed…and who were deceived” to join their cause.

Longstanding Grievances & the Fight Against “Settlement Colonization”

Beyond the immediate dispute over autonomy, Nazione is re-emphasizing its core concerns, particularly what it terms “settlement colonization” – the influx of mainland residents and the resulting pressure on land ownership. The party intends to make land preservation “the mother of the battles,” and will support any initiative, regardless of its origin, that protects Corsica’s land heritage.

Nazione is advocating for widespread adoption of the “Alzi model,” a resident status implemented ten years ago by the mayor of Alzi, Simon Venturini. This status, approved by the municipal council and unchallenged as, offers a potential mechanism for regulating residency and protecting local land rights. The party is urging all Corsican councilors to implement similar measures and is calling on real estate professionals to inform potential buyers about the availability of this status as part of their advisory duties, aiming to create “a massive deterrent weapon” against outside land acquisition.

Electoral Reform as a Key Demand

Looking ahead to municipal elections less than a year away, Nazione is raising concerns about the influence of recent arrivals on the outcome. The party fears the election of mayors who represent “the colonization of settlement” and plans to propose the creation of a “legitimate electoral body” to ensure the future of Corsica is decided by its established residents. This proposal will be central to the political debate when schools resume in the fall.

The escalating rhetoric from Nazione underscores a growing tension within Corsican politics,and signals a commitment to a more assertive defense of the island’s cultural identity and territorial integrity. The party’s strategy, combining opposition to the autonomy agreement with a renewed focus on land rights and electoral reform, positions it as a key player in shaping Corsica’s future.

Note: FLNKS stands for Kanak National Liberation Front and Socialist. Bougival refers to a set of proposed autonomy arrangements for Corsica.

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Sport

Eszter Meri Wins Gold: Texas Longhorns Tennis Star at FISU Games

by Alex Carter - Sports Editor
written by Alex Carter - Sports Editor

Eszter Meri, a sophomore for the Texas Longhorns women’s tennis team, secured the gold medal in women’s singles at the 2025 Rhine-Ruhr FISU World university Games in Essen, Germany, on July 26.

Meri’s victory marks a significant milestone, as she is the first Slovakian and the first Longhorn athlete to achieve a gold medal at these prestigious games. She triumphed over Russian competitor Alevtina Ibragimova, who holds a WTA ranking of No. 210 and a career-high of No. 196.

The championship match was a hard-fought contest. Meri established an early lead in the first set, breaking Ibragimova’s serve to go up 4-2 before closing out the set 6-3.Ibragimova responded strongly in the second set, building leads of 2-0 and 5-1 to win the set 6-1. The decisive third set saw Ibragimova take an initial break, but Meri demonstrated resilience, winning consecutive breaks to lead 4-2. Despite a brief setback

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Sport

SB Nation Reacts: Mid-Major NBA Draft Picks – Who Will Shine?

by Alex Carter - Sports Editor
written by Alex Carter - Sports Editor

Rasheer fleming, selected first in the second round of the NBA Draft, has been voted the top prospect by readers, securing 42% of the vote. This selection comes as a surprise to some, as Fleming was drafted after two peers who finished behind him in this poll.

fleming possesses an extraordinary physical profile, standing nearly 6-foot-9 with a 7-foot-5 wingspan and reportedly weighing over 230 pounds. his game is characterized by strong shooting ability and innate defensive skills,suggesting the potential for a long NBA career if his growth progresses as hoped.

During the Summer League, Fleming averaged 7.3 points per game, shooting 36% from three-point range on 3.7 attempts per game. He also demonstrated defensive versatility, recording 1.7 steals per game for the Summer Suns. While Summer League performance should be viewed with caution, Fleming’s potential could make him a meaningful draft steal.

cedric Coward, a personal pick for the author, was a notable riser in draft evaluations leading up to the draft. the 6-foot-6 wing also boasts a 7-foot-5 wingspan and has shown efficient shooting in limited opportunities. Such wings with shooting capabilities are considered rare commodities in the draft.

Coward,the no. 11 overall pick, was drafted by the Memphis Grizzlies, a team that also features perimeter player Jaylen Wells. Notably, Coward is the highest-drafted player directly from a mid-major school as Obi Toppin (No. 8) and is narrowly ahead of Johnny Juzang (No. 12).

Coward is expected to have a clear path to playing time in his rookie season with the Grizzlies.

Another standout rookie from the draft class, Clifford, impressed during Summer League play. He averaged 15 points, 6.5 rebounds, 4.2 assists, 1.0 steals, and 0.5 blocks, with shooting splits of 49% from the field, 46% from three-point range, and 62% from the free-throw line on significant volume.

Clifford’s performance, reminiscent of a seasoned college player, suggests he is ready for NBA action. His scoring versatility and defensive impact on the perimeter could earn him consistent minutes with the Sacramento Kings.

Despite a challenging Summer League, the potential of Shulga remains high. During his five-year college career, Shulga shot 39% from beyond the arc on high volume in his final three seasons. His struggles in Las Vegas are likely temporary.

Shulga was drafted by the Boston Celtics, a team with a proven track record of identifying and developing shooting talent late in the draft.

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Health

Venezuela Municipal Elections: González Urges Voters to Defend Democracy

by Dr. Michael Lee – Health Editor
written by Dr. Michael Lee – Health Editor

Venezuelans Urged to Defend Democracy Through Vote in Municipal Elections

Table of Contents

Stalin González, opposition leader of the party A New Time (UNT), called on Venezuelans to exercise their vote this sunday, July 27, to defend democracy in the upcoming municipal elections.

Venezuelans participating in a democratic process.
Courtesy | Candidates are working to defend democratic spaces through voting.

González emphasized the importance of participating in the elections, stating, “We do not share to give the spaces and go on Sunday to participate, to defend each of those spaces, to defend democracy. Here we do not give up.” He highlighted that candidates for councilors, mayors, and various teams are actively engaged in preparing to “be on Sunday defending their spaces of democracy.”

The UNT, along with the Union and Change, Movement to Socialism (MAS), Change in Peace, and Bridge parties, are united in their commitment to “the clear route of continuing to defend democracy.” González, who was also elected deputy in the May elections, reiterated the collective resolve of these parties.

Understanding Venezuela‘s Municipal Elections

Municipal elections in Venezuela are crucial local contests that determine the leadership of the country’s 335 municipalities. These elections involve the selection of mayors and municipal councilors, who are responsible for local governance, public services, and community development. Historically, voter turnout and the political landscape surrounding these elections have reflected the broader political climate and public sentiment in Venezuela. The outcomes can considerably impact regional policies and the distribution of resources at the local level.

Frequently Asked Questions About the Municipal Elections

What is the primary goal of the call to vote in the municipal elections?
The primary goal is to defend democracy through the exercise of the vote.
Which political parties are mentioned as defending democracy?
A New Time (UNT), Union and Change, Movement to Socialism (MAS), change in Peace, and Bridge are mentioned.
Who are the candidates being elected in these municipal elections?
Candidates for councilors and mayors are being elected.
What does Stalin González meen by defending “spaces of democracy”?
It refers to actively participating in electoral processes to maintain democratic portrayal and governance.
When are these municipal elections scheduled to take place?
The elections are scheduled for Sunday, July 27.

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Sport

Florida State men’s basketball offseason thread #4: Hoops news, roster updates, portal entries, transfers, additions

by Alex Carter - Sports Editor
written by Alex Carter - Sports Editor

Florida State basketball is undergoing massive changes across the board.

Not only will a new coach be leading the Seminoles for the first time in 23 years but, in the day and age of the transfer portal, NIL, and yearly roster turnover, FSU is undergoing a massive roster overhaul.

“There will be a lot of guys that hit the portal, and that shouldn’t scare anyone. That’s by design, both for these players and myself,” Loucks told reporters during his second interview since becoming Florida State men’s basketball coach.

This article will be updated throughout the off-season, tracking player movements and who will be part of Loucks’ first team in Tallahassee.

FSU basketball offseason coaching and roster changes

Table of Contents

New FSU Basketball coaching staff

  • Luke Loucks, Head Coach
  • Jim Moran, Associate Head Coach/Offensive Coordinator
  • Michael Fly, Assistant Coach
  • Gerald Gillion, Assistant Coach
  • Chris Kent, Assistant Coach/Director of Player Development

Transfer portal additions

Returning players

  • Guard/forward AJ Swinton
  • Forward Alier Maluk

High school recruits:

Departures

Transfer portal

NBA Draft

Eligibility

FSU Basketball Off-court personnel

  • Kelly Nielsen, Chief of Staff
  • Ben O’Donnell, Strength & Conditioning Coach/Director of Performance
  • Kyle Washington, Director of Video & Scouting
  • Justin Lindner, Assistant Director of Player Development
  • Perin Foote, Director of Basketball Operations
  • Ryan Shnider, Assistant Director of Basketball Operations
  • Terance Mann, Assistant General Manager

Find their full stories here: https://seminoles.com/staff-directory?category=mens-basketball

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