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Sea Change: Enhancing Ocean CO2 Storage

Scientists around the globe are championing innovative strategies to boost the ocean’s capacity to store carbon dioxide (CO2). This effort...

Mercado Libre Surges with Stellar Q1 Earnings

Mercado Libre's net profit soared to $344 million in the first quarter of 2024, marking a 71% jump. This financial...

Brazil’s Mineral Sector Soars

Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately $13.33 billion). This surge stems from...

Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production...

Ronaldo Cashes Out: A Lucrative Farewell to Cruzeiro

Ronaldo, a celebrated former football star, sold his 90% stake in Cruzeiro's SAF to Pedro Lourenço for R$600 million...

Argentina Enhances Military Funding to Catch Up Regionally

Argentina's Ministry of Defense has effectively secured approval for the 2024 Armed Forces Investment...

Brazil’s Mineral Sector Soars

Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately...

Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production...

Brazil’s Economy Faces Trade Deficit, Yet Investment Remains Strong

In March 2024, Brazil recorded a substantial external accounts deficit of $4.6 billion, the highest for this month since...

Brazil’s Budget Dilemma: Fiscal Balance and Political Priorities

President Luiz Inácio Lula da Silva's administration faces a critical balancing act in managing Brazil's fiscal challenges. This year, a record R$4.9 billion ($942 million) was allocated in a single day, with 60% of the Ministry...

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating. This adjustment, first set in February 2016, places Brazil tantalizingly...

Brazil’s Political Shift: A Conservative Resurgence

In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw a significant political shift. Right-wing legislators gained ground, diminishing the influence of President Luiz Inácio Lula da Silva's allies. In debates on prisoner...

Brazil Boosts Industry with New Tax Incentive

The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry. This new law enables companies to write off the cost of new machinery and equipment more quickly, reducing their taxes early on. First passed...

Brazil’s Early 2024 Job Surge: Over 719,000 New Positions

In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding 719,033 formal jobs, as per Caged data. This represented a 34% increase from the previous year, as stated by the Ministry of...

Brazil’s Public Debt Nudges Upward in March

In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638 ($1.2) trillion. This adjustment reflects ongoing adjustments within the country's economic framework and external financial influences. Internally, the...