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Brazil

Brazil Hosts Key Mercosur Summit

On December 7, Brazil's President, Luiz Inácio Lula da Silva, will welcome leaders from Argentina, Paraguay, Uruguay, and Bolivia...

Brazilian Stock Market Faces Setback in Volatile Market

On Wednesday, the Ibovespa experienced a downturn, dropping 0.7% to 126,026 points by 1:50...

Brazil’s Agricultural Growth Forecasted at 14.5% for 2023

On December 6, 2023, the National Agriculture and Livestock Confederation (CNA) announced that Brazil's farming sector is projected to grow by 14.5% in 2023. From...

Record Rise in Brazil’s GDP Debt to 74.7% in October

In October 2023, Brazil's public debt notably increased, soaring to 74.7% of the GDP, a rise from 74.4% in...

Brazil’s Amazon States Seek Role as Carbon Credit Brokers

Amazonian states in Brazil are pushing to amend PL 412/2022, aiming to regulate their carbon market more directly. Their goal...

Brazil’s Record Soybean Harvest Forecast

Brazil's 2023/24 soybean crop is estimated to hit a record 158 million tonnes despite...

Transforming Landscapes of the South American Pampas

The Pampas, a vast biome in South America, has seen a 20% reduction in its natural vegetation since 1985. This biome, spread over Brazil, Argentina, and Uruguay, covers more than a million square kilometers. The environmental network...

Brazil Struggles in International Math Rankings

Brazil is among the bottom 17 in a pool of 81 countries in the OECD's 2022 PISA mathematics ranking. The OECD released this report on December 5, 2023. PISA assesses math, reading, and science students, focusing...

US Dollar Climbs Against Brazilian Real

On Tuesday morning, the US dollar rose against the Brazilian real amid a cautious global market atmosphere. Investors are closely scrutinizing Brazil's economic performance, especially...

Brazil’s Economy Sees Minor Growth in Q3

Brazil's economy grew marginally by 0.1% in the third quarter of 2023, as the Brazilian stats agency IBGE reported. This growth exceeded the expectations of financial experts who had predicted a 0.2% decrease. It signifies the...

Brazil’s Ambitious $40 Billion Biofuel Investment Plan by 2037

Brazil is set to draw investments of over 200 billion reais (around $40.74 billion) for biofuel production and marketing by 2037. Alexandre Silveira, the Minister of Mines and Energy, confirmed this. He made the announcement on...

Australian Senator Gerard Rennick: "There has been a lot of misleading advertising in regards to the safe and effective claim….the risks have never been clearly outlined"