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.
Brazil’s Ibovespa takes off and advances with investors eyeing the “Transition PEC”
After closing in a fall of more than 2% in the previous session, the Ibovespa (IBOV) starts the business high on Tuesday (Dec. 6),...
Brazil exports to China jump 35.6% and lead to record trade surplus
Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to China, which...
Brazil’s industrial production advances 0.3% in October
In Oct. 2022, the national industrial production had a positive variation of 0.3% compared to Sep. in the seasonally influenced free series.
Compared to Oct....
Brazilian Central Bank changes rules for PIX transactions as of 2023
This Thursday (Dec. 1), the Central Bank (BC) changed the rules regarding value limits for transactions made via their instant payment system PIX.
According to...
Brazilian state governments have largest deficit in history for October
In October, Brazilian state governments had a nominal deficit of R$3.2 billion (US$603 million).
This was the largest negative balance in the state accounts for...
Brazilian trade posts positive balance of US$6.7 billion in November
On Thursday (Dec. 1), the Foreign Trade Secretariat of the Ministry of Economy announced that Brazil's trade balance registered a surplus of US$6.67 billion...
Brazil is a leader in expanding its green fleet, says association of automotive engineers
The automotive market discusses the decarbonization of world mobility.
To the president of the Brazilian Association of Automotive Engineering (AEA), Besaliel Botelho, the country leads...
IBGE revises upwards Brazilian GDP growth for 2021 from 4.6% to 5%
The Brazilian Institute of Geography and Statistics (IBGE) revised the growth of the Brazilian economy in 2021 upwards.
The increase went from 4.6% to 5%....
Telegram wants to launch decentralized crypto products so things like FTX don’t happen again
Telegram founder Pavel Durov said the messenger plans to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges, to securely trade...
Petrobras will invest US$78 billion in the next 5 years
Petrobras intends to invest US$78 billion in the next five years, according to the state-owned company's strategic plan for the 2023 to 2027 period,...
Chinese CNOOC Petroleum buys additional 5% stake in Brazil’s Buzios oilfield for US$1.9bn
Chinese state-run firm CNOOC Petroleum Brasil paid Petrobras R$10.3 billion (US$1.9 billion) for an additional 5% interest in Búzios, increasing its participation in the...
Average Brazilian wage rose 2.9% in October, reaching R$2,754 or US$520
The actual income received by workers in Brazil grew 2.9% in the quarter ending in October, compared with the previous three months, and reached...
Brazil expects to produce 7.7 billion barrels of oil in the pre-salt area between 2023 and 2032
Brazil may reach a production of 7.7 billion barrels of crude oil in the pre-salt area in the period 2023-2032, sources from the sector...
Brazil’s Bolsonaro government achieves highest surplus in 6 years in October
Brazil's Bolsonaro government posted a surplus of R$30.8 (US$5.8) billion in October. This was the highest primary result for the month since 2016.
The National...