Brazil
A Strategic Energy Alliance in South America
In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa.
This three-year Memorandum of Understanding (MoU) is...
Lula’s Push for South American Unity Faces Hurdles
Brazilian President Luiz Inácio Lula da Silva, who started his term last year, aimed to revive South American unity, echoing his previous leadership goals.
However, his plans to mend ideological and internal divisions faced substantial...
Petrobras Delivers Record Dividends in 2023
Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32 billion).
This included R$22 billion ($4.27 billion) in extraordinary dividends, setting...
Madonna’s Spectacular Night in Rio Draws Record Crowd
On May 4th, Rio de Janeiro's famous Copacabana beach will transform into a massive...
Vale Faces Challenges Yet Holds Steady in Q1
In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines of Pará, Vale stands...
Latin America’s Gold Reserves: A Shield Against Economic Shocks
As Middle East tensions escalate, the allure of gold has soared, with its price reaching a peak of $2,400.67 per ounce. This significant 1.2%...
Google Halts Political Ads Ahead of Municipal Elections in Brazil
In a significant move, Google declared that it would block political advertisements for the forthcoming October municipal elections.
This announcement...
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...
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...
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 largest...
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...
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