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.
Volkswagen’s $1.8B Boost in Brazil for New Models
Volkswagen has announced a significant increase in its Brazil investments, planning to add R$9 billion ($1.82 billion) by 2028.
This move will push the company's...
Ibovespa Starts February on a High Note, Fueled by Petrobras Surge
On February 1st, the Ibovespa index rebounded, rising 0.45% to 128,332.83 points. This uptick came after key monetary policy announcements in both Brazil and...
U.S. Turns to Brazilian Soybeans For the First Time Since 2019
In a surprising twist, low-priced Brazilian soybeans have caught the attention of U.S. buyers, including major poultry producer Perdue Farms.
Despite abundant local stocks post-harvest,...
Paraguay’s Move Towards Investment Grade
Paraguay's Finance Minister, Carlos Fernandez Valdovinos, has revealed the country's close approach to achieving investment-grade status.
This step is key as Paraguay promotes the sale...
Brazil’s Oil and Gas Sector Poised for Major Investments
Brazil is set to revolutionize its oil and gas sector, expecting over R$500 billion ($101 billion) in investments from 2024 to 2028.
These funds will...
Brazil Split on Petrobras Privatization
In Brazil, the debate over privatizing Petrobras, the largest state-owned enterprise, mirrors the country's deep divide.
A recent PoderData survey, conducted from January 27 to...
NY Stocks Fall, Nasdaq Down 2% Post-Powell Comments
Yesterday, New York's stock exchanges saw a notable decline sparked by Federal Reserve Chairman Jerome Powell's remarks.
He indicated that March would not see an...
Brazil’s Central Bank Reduces Selic Rate to 11.25% in First 2024 Meeting
On January 31, 2024, Brazil's Central Bank cut its main interest rate, the Selic, by 0.5%. The new rate is 11.25% per year.
This level...
Brazil’s Growing Influence in Global Oil Market
The International Energy Agency (IEA) projects a significant rise in Brazil's global oil supply share, from 3% to 4% by 2030.
This growth, expected to...
Fed Holds Rates, Eyes Future Policy Shifts
The Federal Reserve recently maintained its interest rates, marking the fourth consecutive meeting without change.
This decision signals a shift towards potential future rate reductions....
How to Tackle Pemex, the World’s Most Indebted Oil Company
Mexico's next leader must tackle Pemex's $106 billion debt, impacting both national and global financial interests.
It also impacts the global oil scene and the...
Brazil’s Lithium Capacity Surges with Sigma
Sigma Lithium recently announced a significant expansion of its Grota do Cirilo project in Minas Gerais, Brazil.
The mineral resource estimates have increased by 27%....
Brazil’s 2024 Inflation Expectations Drop
Brazil's finance experts recently lowered their 2024 inflation guess from 3.86% to 3.81%.
This change, announced by the Central Bank, aims closer to the nation's...
Brazil’s Cocoa Comeback
Brazil's cocoa industry is experiencing a notable revival, rebounding from a major setback in the 1980s when disease ravaged its once globally dominant cocoa...