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 Sets $400M for Amazon Safety
Brazil will allocate $400 million to enhance security in the Amazon, according to Ricardo Capelli, Executive Secretary of the Justice Ministry.
The strategy will establish...
Experts Foresee Brazil’s Higher Growth in 2023 than 2022
For the first time, financial experts predict Brazil's economy will grow 2.92% in 2023. A Central Bank survey reveals that this beats the 2.90%...
Lula Pushes for Closer Mercosur-Vietnam Ties
Brazil's President Luís Inácio Lula da Silva met with Vietnam's Prime Minister, Pham Minh Chinh. They discussed a potential trade deal with Mercosur.
Lula plans...
Brazil’s Drex CBDC – A Closer Look
Brazil's Central Bank introduces Drex, its upcoming digital currency, aiming to ease credit access and streamline real estate transactions.
Fabio Araujo, the Project Coordinator, recently...
U.S. Rates and China’s Woes Shape Markets This Week
As this week kicks off, traders are gearing up for an active market, with global sentiment turning negative due to rising interest rates.
Specifically, the...
U.S. Dollar Rises Amid Treasury Yield Hike
The U.S. dollar begins the week strong against the Brazilian real, mirroring a global trend of dollar appreciation.
Today, U.S. Treasury yields are rising again....
Southeast Mexico Sees 6% Growth
Mexico's government reported that the southeastern states have seen a 6% economic boost, doubling the national average.
This increase stems from a new strategy led...
Stellantis Pledges $508M for Rio Plant
Stellantis will invest R$2.5 billion ($508 million) in Rio's Porto Real plant by 2025.
The news came after a meeting between Stellantis' South America President,...
The Equatorial Margin is Brazil’s new Oil Frontier
Brazil's northern coast gained attention due to significant oil finds in Guyana and Suriname. Interestingly, it's not just oil companies watching.
Environmentalists and the oil...
Red Tape Costs Brazil’s Construction $12 Billion
A recent Fiesp and Deloitte study indicates that bureaucratic challenges might cost Brazil's construction sector up to R$ 59 billion ($12 billion) by 2025.
These...
Brazil’s Universal Sanitation Quest Faces Funding Gaps
Brazil lags in sanitation, with 35 million without drinking water and 100 million lacking sewage.
Experts say Brazil is 30 years behind global standards, leading...
Diesel Shortage Hits Global Economy
Worldwide oil refineries are struggling to produce enough diesel, leading to rising inflation concerns.
Diesel powers vital sectors like industry and transport. While crude oil...
Mozambique Keeps 17.25% Interest Rate
Mozambique's Central Bank held its key interest rate steady at 17.25% last Friday. The bank cited increasing inflation uncertainties as the main reason.
Even so,...
Brazil Trims 2023 Deficit Estimate, Plans More Budget Cuts
Brazil's Federal Budget Office revised its 2023 fiscal outlook, lowering the projected deficit to R$ 141.4 billion ($28.7 billion) from R$ 145.4 billion ($29.6...