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Brazil’s Lingering Dollar Reliance Amid Fiscal Strategy Shift

Roberto Campos Neto, President of the Central Bank of Brazil, emphasized on Friday that Brazil's economy still significantly depends on the US dollar. This statement...

IMF Projects Ongoing Fiscal Struggles for Brazil During Lula’s Presidency

The International Monetary Fund (IMF) has downgraded its fiscal projections for Brazil, predicting continued budget deficits until the end of President Luiz Inácio Lula da Silva's term. Revised IMF forecasts, unveiled during Spring Meetings in...

Rising Dollar Tightens Economic Challenges for Lula’s Government

(Analysis) The Brazilian Real has significantly weakened since the beginning of the year, culminating in the dollar peaking at R$5.268 on Tuesday, April 16. Economists...

Escalating Strains Between Brazilian Congress and Supreme Court Raise Alarms

(Analysis) In Brazil, tensions between Congress and the Supreme Court (STF) are escalating, drawing...

Brazilian Steel Struggles Amid Import Surge

The Brazilian steel industry has witnessed notable shifts in early 2024, with crude steel production increasing by 6.2% in...

Brazil Faces Sharp Decline in March Trade Surplus

In March, Brazil experienced a notable 30.4% reduction in its trade surplus from February, landing at $7.48 billion. The Secretariat of Foreign Trade (Secex) at...

Global Capital Dominates Brazilian Tech M&A Landscape in 2023

In 2023, the Brazilian technology sector witnessed a significant influx of foreign investment in mergers and acquisitions (M&As). International companies...

New Era’s Strategic Focus on Brazil for Expansion

New Era, a global leader in cap manufacturing, is honing in on Brazil for its next phase of growth. The...

Brazil’s Jobless Rate at 7.8%, Wages Up

Brazil's jobless rate slightly rose to 7.8% by February, a small climb from November...

Surge in Foreign Investment in Brazilian Firms

In 2023, Brazilian companies experienced a surge in foreign investment, with M&A deals involving 47%...

Brazil Sees Major Export Growth to China in 2024

In the first two months of 2024, Brazil's exports to China surged by 49.1%. This growth, fueled by iron ore,...