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Brazil

Sâo Paulo Governor Tarcísio de Freitas Warns of Brazil’s Looming Fiscal Crisis

Governor Tarcísio de Freitas of São Paulo recently shed light on a pressing concern at the Esfera Brasil event: Brazil's escalating fiscal risk, which...

Vice President’s Call for Strategic Changes in Brazil’s Natural Gas Production

Vice President Geraldo Alckmin yesterday called for strategic changes in Brazil’s natural gas production to maintain industry competitiveness. At a Getúlio Vargas Foundation event, he stressed Brazil's urgent need to update its natural gas strategies...

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...

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...

Brazil’s Fiscal Challenge: Balancing Budget and Mandatory Spending by 2028

Brazil's fiscal stability is at risk as mandatory spending on social security, health, and education is set to exceed last year's fiscal framework limits. This...

Brazil Expands Oil Reserves to Highest Level Since 2015

In 2023, Brazil recorded its highest oil reserves since 2015, achieving 15.9 billion barrels. This 7% increase over last...

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...

Justice Moraes Defends Brazilian Sovereignty Against Tech Giant

On April 19, Justice Alexandre de Moraes of Brazil's Supreme Federal Court addressed pressing...

Brazil’s 2023 Breakthrough in Extreme Poverty Reduction

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

Brazil’s Lingering Dollar Reliance Amid Fiscal Strategy Shift

Roberto Campos Neto, President of the Central Bank of Brazil, emphasized on Friday that Brazil's economy still significantly depends...