Richard Mann
Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.
Brazil’s Economy Faces Trade Deficit, Yet Investment Remains Strong
In March 2024, Brazil recorded a substantial external accounts deficit of $4.6 billion, the highest for this month since 2021.
This information, released by Brazil's...
Brazil’s Bradesco Overcomes Challenges, Beats Expectations in Q1 2024
Amid a strategic overhaul, Bradesco revealed its first quarter 2024 performance, recording a net profit of R$ 4.211 billion ($809.82 million).
This figure denotes a...
Brazil Nears Investment Grade with Moody’s Positive Outlook
Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating.
This adjustment, first set in February 2016, places Brazil tantalizingly...
Housing Prices Surge in Colombia Amid Economic Flux
In 2023, Colombia experienced a notable 12.4% increase in housing prices, positioning it as the third highest globally, according to Asobancaria.
This escalation followed significant...
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.
Investors, anticipating the rebalance, have started...
Brazil Boosts Industry with New Tax Incentive
The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry.
This new law enables companies to write off the cost of new...
Brazil’s Public Debt Nudges Upward in March
In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638 ($1.2) trillion.
This adjustment reflects ongoing...
Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty
In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV).
This uptick signals a slight...
Utilities Power Up: The New A.I. Energy Drivers
As artificial intelligence (AI) reshapes industries, utility companies emerge as unexpected victors, crucial to powering AI's expansion.
Investors are noticing, shifting focus from traditional tech...
Mexico’s Economy Grows 2% in Early 2024
During the concluding months of President Andrés Manuel López Obrador's administration, Mexico's economy expanded by 2%.
This increase was propelled by significant public spending and...
Elon Musk Secures Strategic Entry for Tesla’s FSD in China
Elon Musk's swift visit to China has propelled Tesla into a new phase as the company sets the stage for launching its Full Self-Driving...
Petrobras’s Q1 2024: Production Growth Amid Challenges
In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from 2023.
Despite this, there was a...
China Surpasses EU as Latin America’s Key Trading Partner
In 2023, trade between Latin America and China dramatically soared to an unprecedented record of $480 billion.
This surge positioned China as the region's second...
Why Brazil’s Selic Might Not Go Far Below 10% Despite Hopes to The Contrary
(Analysis) Amid global and local fiscal pressures, Brazil may end its monetary easing, with the Selic rate potentially stabilizing at 10%.
These expectations stem from...