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Brazil

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...

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 scale. He spoke at Legend Capital's Legend Day, highlighting the bank's...

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 production line in Três Lagoas, Mato Grosso do Sul. Announced in...

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...

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

Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul and GOL Airlines. This strategic...

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 year is significant. It marks the...

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 issues regarding foreign influences that...

Carlos Slim’s $8 Billion Telecom Expansion in Brazil

Carlos Slim, the Mexican billionaire and founder of América Móvil, has committed $8 billion...

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...

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 gaining significant momentum. This movement positions...