Brazil

Carlos Slim’s $8 Billion Telecom Expansion in Brazil

Carlos Slim, the Mexican billionaire and founder of América Móvil, has committed $8 billion to reshape Brazil's telecom sector. This pledge occurred during a key...

Brazil’s 2023 Breakthrough in Extreme Poverty Reduction

Politics - Brazil

In 2023, Brazil celebrated a landmark achievement, reducing extreme poverty to just 8.3% of its population, or 16.9 million individuals. This achievement marks a decrease of 2.6 million people from last year, as reported by...

Brazil’s Lingering Dollar Reliance Amid Fiscal Strategy Shift

Brazil

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

Brazil on Its Way to Becoming a Global Leader in Sustainable Aviation Fuel

Business - Brazil

In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly...

Industrial Sector Shows Production and Job Increases in Brazil

Business - Brazil

On March 19, the National Confederation of Industry (CNI) released a survey showing a March increase in industrial production...

Brazil plans to deepen its energy ties with Argentina, aiming to import three million cubic meters of natural gas daily from Vaca Muerta. Located in...

Petrobras Announces $73 Billion Boost for Oil Exploration and Naval Revival

Brazil's state-controlled company, Petrobras, the largest enterprise in the nation, has announced a $73 billion investment plan. This substantial investment...