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Brazil

Brazil’s Jobless Rate at 7.8%, Wages Up

Brazil's jobless rate slightly rose to 7.8% by February, a small climb from November but an improvement from last year. This figure met expert...

São Paulo’s Economy Grows 3.2% in Early 2024

In January 2024, São Paulo's economy saw a 3.2% expansion from the previous year, according to insights shared by the Seade Foundation. Farms played a big part, with their output soaring 20.7%. Factories and services...

Lula’s Brazil Offers Financial Relief to Struggling Farmers

In Brazil, farmers in 16 states can renegotiate their loans if bad weather or falling prices hurt their crops. This help, announced by the...

Brazil’s Federal Public Debt Rises 2.25% in February, Hits $1.319 Trillion

The National Treasury of Brazil announced that the country's federal public debt saw a...

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...

Brazil’s Record Job Growth in February 2024

In February 2024, Brazil set a significant milestone by creating 306,100 formal jobs, a 21.2% increase from the previous year, making it the third-highest...

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’s Mayoral Elections: A National Rivalry Plays Out Locally

In 2024, Brazil's towns will actively elect their mayors and council members, spotlighting the nation's political heavyweight rivalry in...

Brazil and France Launch $1 Billion Amazon Initiative Amid Mercosur Tensions

Brazil's President Luiz Inácio Lula da Silva and France's President Emmanuel Macron announced a...

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...

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...