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Brazil

Brazil’s Central Bank Chief Signals Possible Shift Amid Inflation Concerns

At a finance event in São Paulo, Roberto Campos Neto, President of Brazil's Central Bank, discussed the complexities of managing inflation on a global...

Batista’s $4.8 Billion Eldorado Venture Boosts Brazil’s Agribusiness

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul. Announced in São Paulo at the Esfera Brasil event, this development aims...

Lula’s Government Faces Fiscal Showdown Over $13.5B Legislation

This week, President Luiz Inácio Lula da Silva engages in high-stakes discussions with Arthur Lira and Rodrigo Pacheco, leaders of Brazil's legislative chambers. The agenda...

Brazil’s Aviation Overhaul: Azul and GOL’s Merger to Command Skies

Brazil's aviation sector is poised for a major transformation with the proposed merger between...

Free Speech Rally: Bolsonaro and Musk Challenge Censorship in...

In Rio de Janeiro, former President Jair Bolsonaro led a major rally, seeking support amidst legal challenges. After losing the...

Petrobras Proposes 50% Dividend Payout Amid Board Tensions

On Friday, the Petrobras Board of Directors proposed releasing 50% of their extraordinary dividends, which amounted to R$43.9 billion ($8.74 billion). This decision is up...

Justice Moraes Defends Brazilian Sovereignty Against Tech Giant

On April 19, Justice Alexandre de Moraes of Brazil's Supreme Federal Court addressed pressing issues regarding foreign influences that...

Carlos Slim’s $8 Billion Telecom Expansion in Brazil

Carlos Slim, the Mexican billionaire and founder of América Móvil, has committed $8 billion to reshape Brazil's telecom sector. This...

Brazil’s 2023 Breakthrough in Extreme Poverty Reduction

In 2023, Brazil celebrated a landmark achievement, reducing extreme poverty to just 8.3% of...

Brazil on Its Way to Becoming a Global Leader in Sustainable Aviation Fuel

In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly gaining...

Industrial Sector Shows Production and Job Increases in Brazil

On March 19, the National Confederation of Industry (CNI) released a survey showing a March increase in industrial production...