Richard Mann
Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.
Brazilian Stock Market Faces Setback in Volatile Market
On Wednesday, the Ibovespa experienced a downturn, dropping 0.7% to 126,026 points by 1:50 PM Brasília time.
This decline occurred amid a broader dip in...
Record Rise in Brazil’s GDP Debt to 74.7% in October
In October 2023, Brazil's public debt notably increased, soaring to 74.7% of the GDP, a rise from 74.4% in September.
The total debt reached R$...
Uruguay’s Inflation Rate Falls Below Expectations in November
Uruguay's Consumer Price Index (CPI) rose by 0.34% in November, lower than anticipated by analysts.
This aur set the year-on-year inflation rate at 4.96%, comparing...
IMF Interested in Innovative Climate Debt Swaps
Kristalina Georgieva, the Managing Director of the IMF, has expressed strong interest in climate-linked debt swaps similar to those proposed by leaders in Brazil...
Brazil’s Fixed-Income Assets Gain Favor with BlackRock
BlackRock, a leading global asset manager, is favoring fixed-income investments in Brazil for 2024 over equities.
This preference aligns with Brazil's Selic rate, which is...
Bausili to Lead Argentina’s Central Bank
Santiago Bausili is set to become the governor of Argentina's central bank after Javier Milei's presidential inauguration on December 10.
This decision comes from sources...
Brazil’s Auto Industry Grows with Renault’s SUV Project
Renault, a renowned French automaker, announced a significant investment in its Brazilian operations on Monday.
The company will invest an additional R$ 2 billion (about...
Brazil’s Economy Sees Minor Growth in Q3
Brazil's economy grew marginally by 0.1% in the third quarter of 2023, as the Brazilian stats agency IBGE reported.
This growth exceeded the expectations of...
Brazil’s Ambitious $40 Billion Biofuel Investment Plan by 2037
Brazil is set to draw investments of over 200 billion reais (around $40.74 billion) for biofuel production and marketing by 2037.
Alexandre Silveira, the Minister...
Brazil Achieves Lowest External Deficit in 17 Years
In October, Brazil's external deficit reached $230 million, the lowest for this month since 2006.
The Central Bank of Brazil released this data, highlighting a...
LatAm’s Largest Bank Launches Crypto Trading Platform in Brazil
Itau Unibanco, Brazil's and Latin America's leading bank, has entered the cryptocurrency market by introducing a trading service.
Launched on Monday, this service marks Itau's...
Property Values Soar in Key Brazilian Cities
Over the past five years, property values in certain Brazilian cities have surged significantly above inflation rates.
In cities like Vitória, Vila Velha, Goiânia, Curitiba,...
Global Market Trends: Stocks, Dollar, and Rates in Focus
European markets are witnessing a slight decline, reflecting a pause in the recent global market recovery.
Investors are speculating about potential interest rate cuts by...
Bitcoin Surges Past $40,000 for First Time Since May 2022
In the past 24 hours, Bitcoin surged past $40,000 for the first time since May 2022, signaling a strong recovery for the leading digital...