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.
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...
BoFa Strategists Warn of Echoes from Past Market Bubbles
Bank of America Corp. strategists, including Michael Hartnett, are noting a rare concurrent rise in technology stocks, commodities, and bond yields.
The bank's strategists note...
Brazil’s Auto Industry Embarks on a Green Revolution With Investment Surge
Brazil's automotive industry is undergoing a substantial transformation with anticipated investments hitting R$125 billion ($25 billion).
Anfavea President Márcio de Lima Leite has highlighted a...
Brazilian Service Sector Shows Resilience Despite February Dip
In February 2024, Brazil's service sector faced a slight downturn, recording a 0.9% decline from the previous month, according to the stats agency IBGE.
This...
Latin America’s Top Valuable Brands Dominated by Brazil and Mexico
Among global companies, only five Latin American enterprises rank among the world's top 500 valuable firms.
Brazil and Mexico are home to the leading brands...
Argentina Slashes Interest Rates in Fight Against Soaring Inflation
In a strategic move, the Central Bank of Argentina has significantly reduced its benchmark interest rate from 80% to 70%.
Announced on Thursday, this adjustment...
Brazil Feels the Squeeze as U.S. Maintains High Rates
(Analysis) As the United States continues to sustain high interest rates, the Brazilian economy faces increasing mounting challenges.
This shift in U.S. monetary policy has...
Colombia Faces Stubbornly High Inflation Despite Efforts
In 2023, Colombia's inflation rate has remained well above the central bank's target of 3%, challenging economic stability despite signs of deceleration.
Leonardo Villar, the...
Asunción to Host 2024 Copa Sudamericana Final in Milestone Event
In 2024, the prestigious Copa Sudamericana final will be held as a thrilling single match event in Asunción, Paraguay.
This event underscores Paraguay's significant role...
Brazil’s Industrial Confidence Wanes in April
In April, industrialists showed less confidence in the economy, marking a shift from the stable sentiment observed in March.
The National Confederation of Industry's (CNI)...
Investor Anxiety Spikes Over Peru’s Pension Withdrawal Debate
A bill in Peru has sparked market unease, proposing that citizens withdraw from their retirement funds.
This move might necessitate pension funds liquidating assets, potentially...