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Brazil

Trafigura Admits to a Decade of Bribery in Brazil

Trafigura Group has confessed to a decade-long bribery operation in Brazil, spotlighting the pervasive corruption within global commodity trading. This acknowledgment is part of a...

Lula Counters Popularity Dip with Small Business Credit Boost

Brazil's President Luiz Inácio Lula da Silva's administration is launching a credit plan for small businesses. It includes low-interest loans for microenterprises and MEIs, Pronampe debt renegotiation, and favorable terms for women-led firms. Estadão reports these...

Brazil’s Industrial Giants Rally for Mercosur-EU Agreement Completion

On Wednesday, Brazil's top industrial groups urged French President Macron to finalize the Mercosur-EU free trade deal, under discussion for over twenty years. With Macron...

Brazil’s Record Job Growth in February 2024

In February 2024, Brazil set a significant milestone by creating 306,100 formal jobs, a...

Brazil’s Batista Siblings Back on JBS Board

Brazil's JBS welcomed Wesley and Joesley Batista back onto its board, expanding it to include 11 members, of which...

Brazil to Mandate Vehicle Manufacturers to Invest 1.8% of Revenue in R&D

Brazil's government will mandate a 1.8% revenue investment in research and development (R&D) by vehicle manufacturers within the National Green Mobility and Innovation Program...

For the First Time Brazil Questions Venezuela’s Candidate Block

Brazil has expressed worry about Venezuela blocking opposition candidate Corina Yoris from the July elections. This is the first time...

Brazil’s Tax Reform Sparks Legal Firestorm

In Brazil, 495 companies are contesting Finance Minister Fernando Haddad's tax reform, which seeks to boost public funds by...

Brazil’s February Fire Crisis Quadruples

Brazil faced a dramatic increase in wildfires in February, with the area of burned...

Bolsonaro’s Hungarian Embassy Stay Under Legal Scrutiny

Justice Alexandre de Moraes of Brazil's Supreme Court demanded an explanation from ex-President Jair Bolsonaro...

Chinese Investment Boosts Brazil’s Northeast

Northeast Brazil, known for its economic challenges, is now seeing a bright future thanks to Chinese investment. A recent seminar...