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Why the MSGBC Region is Africa’s Next Big Thing

The MSGBC zone, which consists of Mauritania, Senegal, Guinea-Bissau, and Cape Verde, is fast becoming an investment hub in areas like energy, mining, and...

Brazil’s Central Bank advocates fiscal austerity notwithstanding pandemic

RIO DE JANEIRO, BRAZIL - "We have reached a moment, today, of confronting the pandemic, in which it is necessary to send a message of austerity and fiscal seriousness", said Campos Neto, at the...

Pandemic caused Brazil’s federal government costs to grow 16% in 2020

RIO DE JANEIRO, BRAZIL - Driven by the covid-19 pandemic, the total costs of the federal government totaled R$2.64 trillion (US$460 billion) and increased...

Brazil pressures EU at WTO over French soy production incentive program

RIO DE JANEIRO, BRAZIL - Brazil has begun to press the European Union at...

Petrobras surprises and closes 2020 with a R$7 billion...

RIO DE JANEIRO, BRAZIL - Petrobras recorded profits of R$59.8 (US$10.9) billion in the 4th quarter last year and...

Brazil Gets Ready for Two Mammoth Petroleum Auctions in November

SÃO PAULO, BRAZIL – In little over a week, Brazil’s government will hold two auctions for oil and gas exploration and production areas, most...

Environmentalists Applaud No Bids for Oil Fields Near Coral Reefs

SÃO PAULO, BRAZIL – Despite the apparent success of last week’s auction, organized by Brazil’s National Agency of Petroleum,...

Petrobras’ New Strategy Puts Renewable Energy on Back Burner

SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced last week its new strategy of focusing on oil and...

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