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Brazil

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 1.84% increase and a peak since last March. Concurrently, Brazil's...

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,...

The Strategic Alliances Between Latin America’s Left and Iran

Over the past weekend, an unprecedented attack by Iran on Israel elicited minimal criticism...

Governor Freitas Declares No Tolerance for Land Invasions in...

On April 15, 2024, São Paulo Governor Tarcísio de Freitas took a firm stand against the Landless Rural Workers'...

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...

Brazil Revises Fiscal Goals, Eyes Surplus by 2028

On Monday, President Luiz Inácio Lula da Silva's government submitted the 2025 Budgetary Guidelines Law Project (PLDO) to Congress,...

Brazil Launches Blue Economy Program for Coral Reef Protection

In Rio de Janeiro, Brazil has launched a significant coral reef conservation program, allocating up to R$60 million (about...

Media Giants Confront Supreme Court Over Free Speech Issues in Brazil

Leading Brazilian newspapers united this weekend to challenge the Supreme Court's controversial free speech...

Brazil Expands Global Partnership to Protect Tropical Forests

Brazil has solidified its environmental leadership by engaging Indonesia, Malaysia, the DRC, Ghana, and Colombia...

Brazilian Soy and Corn Exports in March 2024: Significant Yet Declining

In March 2024, Brazil's soy and corn exports totaled 14.8 million tons, down 14.6% yet still the second-highest March...