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 Major Banks Get Ready for Digital Real
Brazil's top banks are gearing up for the launch of a new digital Central Bank Digital Cash/Currency (CBDC) called Drex.
Leading the way, Itaú Unibanco,...
Brazilian Industry Leaders and Politicians Rally for Reform
On October 31, 2023, Ricardo Alban succeeded Robson Braga as the new CNI president, set to serve until 2027.
The Brazilian CNI (Confederação Nacional da...
Exports to Macau Surge in Portuguese-Speaking Countries
Official data shows that exports from Portuguese-speaking countries to Macau jumped 42.7% in the first nine months of this year.
These nations exported goods worth...
Joblessness in Chile Reaches 11-Month High
Chile's National Statistics Institute (INE) announced on Tuesday that the unemployment rate rose to 8.9%.
This rate is up by 0.9 percentage points compared to...
Mexico Sees 3.3% Growth in Q3 2023
Despite high-interest rates and slowing inflation, Mexico's economy expanded by 3.3% in the third quarter of 2023, according to INEGI.
Primary activities increased 5.3%, secondary...
Big Jump in Weekly Crypto Fund Investments
Last week, a big increase in money going into crypto Exchange-Traded Products (ETPs) happened.
CoinShares, an asset management firm, reported $326 million in new investments....
Brazil Struggles to Grow Fruit Exports
Guilherme Coelho, leader of Brazil's Abrafrutas, arrived in India on Monday to expand market opportunities and clarify regulations.
Meanwhile, in São Paulo, experts discuss fruit...
Brazil Records 9th Consecutive Month of Job Increases
In September 2023, Brazil saw a significant uptick in its employment sector, adding 211,764 new formal job positions.
While this is positive news, a closer...
Latin America’s Financial Week: What to Watch
This week, key events in Brazil, Colombia, and other countries are drawing attention to Latin America's financial markets.
First, we look at Brazil and Colombia's...
Tether Dominates Brazil’s Crypto Transactions in 2023
In 2023, Brazil's revenue agency reported that Tether (USDT) accounted for 80% of all crypto transactions in the country.
By mid-October, USDT transactions hit R$...
JPMorgan Sees Uptick in Brazil’s B3 Exchange for November
JPMorgan expects a more favorable foreign capital flow to Brazil's B3 Exchange in November.
Despite recent sluggish foreign investments, Pedro Martins Junior of JPMorgan believes...
Brazil’s Top Dividend Payers Cut Back
Petrobras and Vale, Brazil's largest dividend-paying companies, have cut their dividend distributions to shareholders.
A study by Meu Dividendo shows their contribution dropped to 38%...
Brazil and Cuba Simplify Agri-Trade with New Deal
Brazil and Cuba have inked a deal to facilitate the trade of dairy, meat, and seafood.
This lets Brazilian companies export these products directly to...
Lula’s Fiscal Goal Doubts Impact Stocks and Currency
On October 27, 2023, Brazil's main stock index, Ibovespa, declined due to President Lula hinting at a potential fiscal target challenge for 2024.
This index...