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Brazil

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 2.25% increase in February, totaling R$6.595 trillion ($1.319 trillion). The internal...

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 settlement with the U.S. Department of Justice in Miami, where...

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...

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...

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...

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 plan on Tuesday. Their goal? To raise over 1 billion euros...

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...

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...

Brazilians Worry Over Economy’s Future

A Datafolha survey conducted on March 19-20 reveals Brazilians' deepening economic fears, showing increased anxiety...

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 for his stay at...