No menu items!

Brazil

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating. This adjustment, first set in February 2016, places Brazil tantalizingly...

Brazil’s Political Shift: A Conservative Resurgence

In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw a significant political shift. Right-wing legislators gained ground, diminishing the influence of President Luiz Inácio Lula da Silva's allies. In debates on...

Brazil Boosts Industry with New Tax Incentive

The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry. This new law enables companies to write off the cost of new...

Brazil’s Early 2024 Job Surge: Over 719,000 New Positions

In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding...

Brazil’s Public Debt Nudges Upward in March

In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638...

A Greener Horizon: G7’s Pledge Against Coal

G7 nations have pledged to fully decarbonize their power sectors by 2035, marking a major stride toward sustainability. Amid strategic meetings, they signaled a departure...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from...

Brazil: $25 Billion Settlement Offered in 2015 Mariana Tragedy

In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a Vale and BHP venture—resulted in...

Brazil’s Call to G7: Empower Developing Nations

Yesterday, amid bustling international dialogues, Brazil stood firm at the G7's Climate, Energy, and...

Brazil’s March Deficit Narrows Yet Fails Analysts’ Expectations

In March 2024, Brazil's central government reported a primary deficit of R$1.527 billion ($299.29 million). Brazil's...

Mercado Libre Channels Major Investment into São Paulo’s Economy

In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing 35% of its R$23...