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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 its domestic steel industry from...
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...
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...
Surge in Brazilian Fish Exports
In early 2023, Brazil experienced a significant increase in fish exports, showcasing the strength of its aquaculture sector.
Reports from the government reveal a 48%...
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 increase from the previous year...
Brazil’s International Air Travel Soars in Early 2024
In early 2024, Brazil's international air travel industry achieved impressive growth, with a 23.5% surge in international passenger traffic.
This spike was most evident in...
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 by the U.S. dollar.
The event...
Market Forecasts Brazilian Economy to Grow Above 2% for the First Time
For the first time, Brazil's economy is set to grow over 2% in 2024, indicating a positive economic shift, according to market participants.
On April...
Sâo Paulo Governor Tarcísio de Freitas Warns of Brazil’s Looming Fiscal Crisis
Governor Tarcísio de Freitas of São Paulo recently shed light on a pressing concern at the Esfera Brasil event: Brazil's escalating fiscal risk, which...
Brazilian Football Feud: Pereira’s Legal Battle Against Textor
In Brazilian football's core, a heated dispute rages between Leila Pereira, Palmeiras' President, and John Textor, owner of Botafogo's SAF.
Textor's claims of match manipulation...
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...
Dollar Dips as Brazil Navigates Economic Signals
This Monday, the U.S. dollar witnessed a modest decline against the Brazilian real, marking a continuation of the price adjustments that began last Friday...
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...