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Brazil

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...

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 Minister Mauro Vieira and South Africa's Naledi Pandor spearheaded the...

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 in Latin America but also a vital hub for...

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...

Brazil’s Lula Criticizes Financial Market Forces in Defiant Speech

In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly challenged the financial pressures dominated...

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...

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,...

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...

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...

Brazil’s Fiscal Challenge: Balancing Budget and Mandatory Spending by 2028

Brazil's fiscal stability is at risk as mandatory spending on social security, health, and education is set to exceed...