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.
Record Business Debt Crisis Hits Brazil in October
In October 2023, Brazil experienced a record increase in business defaults, with Serasa Experian reporting that 6.64 million companies missed debt payments.
This marked a...
São Paulo Stock Exchange Reaches Highest Level Since 2021
On December 1, the São Paulo Stock Exchange, known as B3, achieved a remarkable milestone. It closed at an impressive 128,184 points, the highest...
Mine Collapse Fear Hits Braskem Shares and Credit Rating
Braskem, a Brazilian petrochemical giant, is facing a critical situation in Maceió, Alagoas state, in the Northwest of the country.
Their rock salt mine near...
Brazil Records Historic Trade Surplus in November
In November 2023, Brazil achieved a historic trade surplus of $8.8 billion.
This figure represents a significant 41.5% increase from the $6.2 billion surplus recorded...
Bitcoin’s Steady Climb Towards $40,000 Amid Market Changes
Bitcoin is drawing closer to the $40,000 mark, grabbing the attention of cryptocurrency speculators.
This interest peaks as the year concludes. The digital asset has...
Brazil’s Industrial Output Grows Slightly in October
Brazil's industrial sector experienced a modest 0.1% growth in October compared to September, factoring in seasonal adjustments.
This information comes from the Brazilian Institute of...
OPEC+ Decides to Cut Oil Production Amid 2024 Surplus Forecast
Following a decline in oil prices, OPEC+ made a crucial decision to agree on reducing oil production. Experts predict an oil surplus next year.
The...
Brazil’s Household Consumption on the Rise
Brazilian households saw a 2.89% increase in consumption in October compared to the previous month, as reported by the Brazilian Association of Supermarkets (Abras).
This...
Brazil Enhances Its Oil Market Role with OPEC+ Membership
As confirmed by an insider, Brazil's upcoming OPEC+ membership in January 2024 signals a significant shift in global oil politics.
This move coincides with OPEC+'s...
Federal Reserve Monitors U.S. Inflation’s Slight Increase
The U.S. core Personal Consumption Expenditures (PCE) Index, a key indicator for the Federal Reserve, rose by 0.2% in October.
This Index excludes volatile food...
Strong Performance in Brazilian Stocks Boosted by Petrobras and Vale
The Ibovespa index in Brazil showed positive momentum on Thursday, buoyed by significant stocks like Petrobras and Vale.
As of 11:30 AM in Brasília, the...
BlackRock Spotlights Brazil and Mexico as Investment Hotspots
Global investment interest in Brazil and Mexico is growing, as highlighted by BlackRock, the world's largest asset manager.
This trend reflects a keen investor focus...
U.S. GDP Sees Significant Rise in Third Quarter
The United States' annualized Gross Domestic Product (GDP) experienced a notable increase, reaching 5.2% in the third quarter of 2023.
This growth represents a 3.1...
Brazil Sees Major Decline in October Primary Surplus
This resulted from higher spending outpacing revenue growth, leading the surplus to drop to R$ 18.277 billion ($3.729 billion).
This figure shows a considerable fall...