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.
China Bolsters Brazilian Infrastructure with $54 Billion
Since 2003, China has invested $54 billion in Brazil, covering 100 projects.
This move aims to deepen China's ties with Latin America and showcases a...
Bright Outlook for S&P 500, UBS Forecasts
UBS strategists foresee the S&P 500 maintaining its momentum and potentially reaching new heights.
Recently approaching 5,000 points, the index has surged over 5% in...
Peru Continues Interest Rate Cuts Amid Lower Inflation
The Central Reserve Bank of Peru has once again cut its benchmark interest rate, now from 6.50% to 6.25%.
This decision, made at their February...
Brazil’s Grain Production to Dip by 3.8% in 2024
In 2024, Brazil expects to harvest 303.4 million tons of grains, marking a 3.8% drop from 2023's peak of 315.4 million tons, as per...
Petrobras Sets New Production Record with 3.7% Boost in 2023
In the latest development, Petrobras saw its oil and natural gas output grow by 3.7% in 2023, reaching a new high.
The firm pumped out...
Maritime Industry Outlook Darkens, Stock Exchange Reflects Concerns
Maersk's stock fell sharply due to a grim outlook for the maritime industry later this year.
The decline relates to an expected end to the...
Record High Cocoa Prices Impact Global Chocolate Market
Cocoa futures hit a historic peak in New York, signaling a sharp rise in chocolate costs.
This surge, the highest in 65 years, is driven...
Mexico’s Central Bank Keeps Rates at 11.25% Amid Inflation Watch
The Bank of Mexico, or Banxico, has decided to keep its key interest rate at 11.25% annually.
This unanimous choice highlights the bank's ongoing vigilance...
Embraer Earns Investment-Grade Status
Standard & Poor's (S&P) has raised Embraer's credit rating to BBB-, advancing it to investment grade.
This shift reflects the company's financial improvements and growth...
Brazil Auto Sector Eyes $20.1 Billion Boost
Brazil's Vice President Geraldo Alckmin announced a groundbreaking $20.1 billion investment in the automotive industry.
This move, unfolding over five years, aims to erect at...
Ibovespa Stumbles Amid Bradesco’s Slide
The Ibovespa faced a setback on Wednesday, influenced by Bradesco's underwhelming financial results.
This shift caused the Brazilian index to fall 0.35% to 129,957.84 points,...
Dollar Ends Near Stability in Brazil Amid Mixed Signals
On Wednesday, the US dollar showed little change in Brazil, ending the day almost unchanged.
This stability came amid mixed global signals, leaving investors waiting...
Brazil Sets January Trade Surplus Record
In January, Brazil's trade surplus soared to $6.527 billion, the highest for the month since record-keeping started in 1989.
This achievement was announced by MDIC,...
Brazil Faces Historic Debt Surge and Fiscal Deficit
In 2023, Brazil's Gross Public Debt soared to 74.34% of its GDP, up 2.66 percentage points from 71.68% in 2022, the Central Bank reported...