Economic Forces Sustain Elevated Mortgage Rates in Brazil
In Brazil, high demand and limited funding are keeping mortgage rates elevated for the foreseeable future.
Although reductions in the...
Surge in Tourism Reflects Peru’s Post-Pandemic Recovery
Between January and April, Peru welcomed 1,016,618 international tourists, a 53.4% increase from the same period in 2023.
This surge...
Brazil’s BTG Pactual Shines with Record Profits in Challenging Times
BTG Pactual (BPAC11) started 2024 strongly, recording a net profit of R$2.9 billion ($568.6 million) in the first quarter, up 27.7% from last year.
The...
ECLAC Describes Latin America as Trapped in a Development Crisis
The Economic Commission for Latin America and the Caribbean (ECLAC) revised its 2024 growth forecast for the region to...
Botafogo Draw Against Fortaleza Reflects Tactical Balancing Act
Botafogo's 1-1 draw with Fortaleza at Castelão Stadium highlights the tactical balancing act facing Brazilian football teams.
An away draw...
Venezuela Flexes Military Might in Arpía I-2024 Exercise
The Venezuelan Armed Forces recently demonstrated their capabilities in the 'Arpía I-2024' drill at...
Brazil’s BTG Pactual Shines with Record Profits in Challenging Times
BTG Pactual (BPAC11) started 2024 strongly, recording a net profit of R$2.9 billion ($568.6 million) in the first quarter,...
ECLAC Describes Latin America as Trapped in a Development Crisis
The Economic Commission for Latin America and the Caribbean (ECLAC) revised its 2024 growth forecast for the region to...
Majority of Brazilians Oppose Another Term for Lula in 2026
A recent Quaest poll reveals that a significant portion of Brazilians do not support President Luiz Inácio Lula da...
Construction Costs in Brazil See Highest Increase Since September 2022
In April 2024, Brazil's construction sector witnessed a significant and impactful shift in its operations.
The National Civil Construction Index (Sinapi) escalated to 0.41%, a high not recorded since September 2022.
Released data by the Brazilian Institute...
March’s Mixed Fortunes in Brazil’s Industrial Landscape
In March 2024, Brazil's industrial regions painted a complex picture of growth and decline, as detailed by the IBGE Monthly Industrial Survey.
While the national...
Economic Revival: How Brazil’s Northeast Aims to Outpace National Growth
In Brazil, the Northeast is poised to reclaim its historic economic role. From 2026 to 2034, the region is set to grow by 3.4% annually.
This exceeds the national forecast of 2.5%, driven by R$750 billion...
Brazil’s Response to Alleged Misinformation on Floods Raises Free Speech Concerns
(Analysis) Following President Lula's directive, Justice Minister Ricardo Lewandowski investigates accusations of misinformation about Rio Grande do Sul flood relief.
This effort aims to counter disinformation and harmful narratives online, yet it raises free speech concerns.
The...
Brazil Mobilizes Military in Major Flood Crisis
Brazil has responded to devastating floods by deploying over 20,000 military personnel in Rio Grande do Sul.
This response, known as "Operation Taquari 2," tackles the region's severe flooding, the worst in its history.
Defense Minister José...
Brazil’s Robust Sugar Harvest Stabilizes Global Supply
For the second year running, Brazil's sugar production has increased, promising to stabilize lower prices and alleviate shortages faced by global markets.
The country, renowned as the world's top sugar exporter, is on course to achieve...
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