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Brazil

Strategic Steel Quotas: Brazil’s New Economic Defense

The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect its domestic steel industry from...

Corporate Moves in Brazil: Updates on WEG, Neoenergia, and Cogna

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194 million) into its funds, boosting its total assets to R$7.504 billion (around $1.457 billion). This move...

Brazil and South Africa Forge Stronger Ties

Brazil is ramping up its diplomatic efforts in Africa, a key region in President Luiz Inácio Lula da Silva’s global strategy. In Brasilia, Brazilian Foreign...

Brazil’s Largest Port Sees 15.9% Increase in Cargo Movement in Early 2024

In early 2024, the bustling Port of Santos in southeast Brazil, not only the...

Brazil’s Tax Revenue Hits Historic Peak

In March 2024, Brazil's federal revenue hit a record R$190.6 billion ($37.37 billion), the highest since 1995. This 7.22% real...

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...

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...

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...

Brazil’s Aviation Overhaul: Azul and GOL’s Merger to Command Skies

Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul...

Free Speech Rally: Bolsonaro and Musk Challenge Censorship in Rio

In Rio de Janeiro, former President Jair Bolsonaro led a major rally, seeking support amidst legal challenges. After losing the...