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.
The Brazilian Real Faces Steepest Depreciation Globally in April
April 2024 has been a challenging month for the Brazilian Real, which saw the sharpest depreciation globally against the dollar.
By April 16, the Real...
Vale’s Production Dynamics in Early 2024
In the first quarter of 2024, Vale, a titan in Brazilian mining, unveiled a notable 6.1% growth in iron ore output, reaching 70.837 million...
IMF Adjusts Economic Growth Predictions for Brazil and Major Global Economies
The International Monetary Fund (IMF) forecasts Brazil's economic growth will modestly increase to 2.2% in 2024.
This marks an adjustment upward of 0.5 percentage points...
U.S. Dollar Peaks Amid Brazil’s Fiscal Challenges
Amid geopolitical tensions, Brazil's fiscal challenges, and U.S. interest rate uncertainties, the dollar hit a high on April 16, 2024.
It reached $5.2802, marking a...
Early 2024 Inflation Dynamics Across Latin America
In the first quarter of 2024, Latin America displayed a remarkably wide spectrum of varying inflation rates.
Argentina recorded the world's highest consumer price index,...
Surge in Global Cargo Theft Amid Rising Costs; Latin America Most Affected
In 2023, cargo theft rates surged worldwide, particularly in Latin America where Mexico, Brazil, and Argentina reported the highest incidents.
According to TT Club and...
In Lula’s Brazil, Non-Compliant Land Use Risks State Claims
Yesterday, President Lula launched the "Terra da Gente" program, marking a pivotal change in Brazil's agrarian reform policy.
Amidst MST land invasions, the land reform...
Mercado Libre’s $4 Billion Brazilian Bet, Creating 6,500 Jobs
Mercado Libre, the titan of Latin American digital commerce, has unveiled a bold initiative to strengthen its Brazilian segment.
With an impressive investment of 19...
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 the first quarter, reaching 8.3...
Colombia’s IMF Renegotiation Debate
Colombian President Gustavo Petro is actively seeking to renegotiate the terms of the nation's loan agreement with the International Monetary Fund (IMF).
He seeks a...
UBS Predicts Potential Fed Rate Hike to 6.5%
Amid robust economic growth and persistent inflation in the United States, strategists at UBS Group AG spotlight a possible shift in Federal Reserve policy.
They...
Brazil’s Cocoa Industry Faces Early 2024 Significant Challenges
In the first three months of 2024, Brazil's cocoa industry encountered significant setbacks, noting a 31% decrease in cocoa bean receipts.
This information comes from...
Brazil’s Aluminum Industry Achieves Self-Sufficiency Amid Global Shifts
In 2023, Brazil successfully regained self-sufficiency in aluminum production, recording a significant 24% increase to reach 1.006 million tonnes.
This achievement, outlined by the Brazilian...
Colombia Emerges as Leader in LatAm M&A Amid Regional Slowdown
In early 2024, Colombia was Latin America's only major market to experience growth in capital for mergers and acquisitions (M&A).
This occurred amidst a general...