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 Central Bank Targets Simplification of Foreign Investments
The Central Bank of Brazil, led by Regulation Director Otavio Damaso, aims to streamline foreign portfolio investments.
Optimizing foreign exchange market operations is also a...
Unveiling 2024’s Latin American Stock Market Trends
In 2024, Latin America's stock markets will show varied trends. Brazil's Ibovespa and Mexico's S&P/BMV IPC index declined by 3.85% and 3.44% respectively.
Peru, Argentina,...
JPMorgan Foresees Up to 33% Decline in Bitcoin Value Post-April Peak
Bitcoin's recent excitement is partly due to new Bitcoin ETFs and an upcoming "halving" event in April. This event is set to slash the...
Week’s Highlights: Petrobras Earnings & U.S. Payroll
From March 4th to 8th, the economic scene spans Brazil and the U.S. In Brazil, the focus is on Petrobras' fourth-quarter results, due Thursday,
In...
Brazilian Banks’ Profits Climb to $21 Billion in 2023
In 2023, Brazil's top banks, including Itaú Unibanco, Caixa Econômica Federal, and Banco do Brasil, saw their profits rise by 1.9% to $21.21 (R$107.5)...
Nvidia Hits $2 Trillion, Rivals Top Economies Like Brazil
Nvidia has soared to a $2 trillion market cap, ranking as Wall Street's third most valuable, behind Microsoft and Apple.
Its AI chips, crucial for...
Mubadala Could Challenge Brazil’s B3 Exchange
Brazil may soon see the launch of a new stock exchange, spearheaded by Mubadala Capital from Saudi Arabia, as reported by Lauro Jardim of...
Brazil’s Oil Production Sees Second Monthly Decline in January
In January, Brazil's oil production fell 1.8% to 3.519 million bpd, marking its second consecutive monthly decline.
Yet, this figure represents a 7.5% increase from...
Chile’s Economy Hits New High with Service Sector Boost
In January, Chile witnessed a 2.5% economic upswing compared to the prior year, the highest since June 2022, propelled by services and goods.
The nation's...
Brazil’s Economy Flatlines at End of 2023, Challenging President Lula
Brazil's economy stagnated in Q4 2023, ending a promising yet less favorable year, posing challenges for President Lula.
Official figures released on Friday indicated that...
Harvesting Prosperity: Brazil’s Farm Sector Leads GDP Rise
In 2023, Brazil saw its farm sector soar by 15.1%, a leap that pushed the nation's GDP up by 2.9%.
This growth outshone the 3%...
Brazil Climbs to World’s 9th Largest Economy in 2023
In 2023, Brazil rose to become the ninth largest economy globally, moving up three places, as reported by the Austin Rating.
The nation's GDP grew...
Opinion: Lula Seeks Greater Control Over Major Companies
(Opinion) Brazilian President Luiz Inácio Lula da Silva recently expressed his view that private companies should fully align with his administration's development vision.
This perspective...
Trademark Dispute Forces Meta to Rename in Brazil
A São Paulo court has ruled that Meta, the conglomerate behind Facebook, Instagram, and WhatsApp, must stop using the "Meta" brand in Brazil in...