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
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
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
In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly...
Industrial Sector Shows Production and Job Increases in Brazil
On March 19, the National Confederation of Industry (CNI) released a survey showing a March increase in industrial production...
Brazil Eyes Argentine Gas Amid Regional Collaboration
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...
Brazil’s Balneário Camboriú to Host World’s Tallest Residential Tower
In the scenic coastal city of Balneário Camboriú, Santa Catarina, a groundbreaking project is underway.
The Triumph Tower is poised...
Brazil and Colombia Push for Democratic Process in Venezuela
On Wednesday, April 17, 2024, Brazil and Colombia stood united in their support for...
Brazil’s Nuclear Energy Ambition
Brazil aims to revolutionize its energy sector, with Minister Alexandre Silveira spearheading efforts to establish...
IMF Projects Ongoing Fiscal Struggles for Brazil During Lula’s Presidency
The International Monetary Fund (IMF) has downgraded its fiscal projections for Brazil, predicting continued budget deficits until the end...
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