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.
National Treasury Raises Alarm Over Brazil’s 2023 Deficit
From January to September 2023, Brazil's leftwing government reported a $22 billion deficit. This is a stark contrast to the $9 billion surplus during...
Mexico’s 2023 Trade Deficit Exceeds $10 Billion in Nine Months
Mexico's trade balance shows a deficit of over $10 billion for the first nine months of 2023.
The National Institute of Statistics and Geography (Inegi)...
U.S. GDP Grows 4.9% in Third Quarter, Beats Predictions
In the third quarter of 2023, the U.S. economy grew faster than expected.
According to the Department of Commerce, the annualized Gross Domestic Product (GDP)...
Brazil Keeps Federal Debt Below Forecasts with 3% Drop
In September, Brazil's Federal Public Debt (FPD) decreased by 3%, settling at 6.028 trillion reais, approximately 1.2 trillion dollars.
The National Treasury said the reduction...
Brazil Sees Oil and Gas Growth in September
The National Petroleum Agency (ANP) announced that Brazil saw a 6.24% surge in oil and natural gas production in September, totaling 4.665 million barrels...
IMF Predicts Stagnating Purchasing Power for Brazil
The International Monetary Fund (IMF) forecasts an improvement in Brazil's Gross Domestic Product (GDP) for 2023.
Despite this, the IMF says Brazil will stay at...
Brazil’s Growing Crypto Imports Impact Trade Balance
Cryptocurrency imports in Brazil are on the rise, affecting the country's trade balance.
The Central Bank of Brazil reports that these imports reached $7 billion...
Analysts Worry Over Petrobras Statute Changes
Market experts are skeptical about Petrobras's latest plan to modify its corporate rules.
On Monday, Petrobras revealed a plan to create a capital return reserve....
Pimco Flags Underestimated Recession Risk
Pimco's recent report highlights five major factors that could impact the global economy, urging decision-makers to monitor them closely.
Pimco is a global investment management...
Brazilian Chamber to Discuss Wealth Tax Bill
The Brazilian Chamber of Deputies will discuss a new tax proposal this week targeting the wealthiest individuals in the country.
If approved, it could generate...
São Paulo Agribusiness Booms with $16.6B Surplus
From January to September this year, São Paulo's agribusiness sector reported a soaring surplus of $16.62 billion.
This marks a 7.5% increase compared to the...
Peru in Recession: Funding Request to Revive Economy
Finance Minister Alex Contreras confirmed last Friday that Peru's economy is in a clear recession.
Before a Congressional meeting, he talked to the media about...
Brazil’s B3 Stock Market Sees Fourth Consecutive Fall This Week
Brazil's primary stock index, the B3, closed at 113,155.28 points on Friday, October 20, 2023, marking a 2.25% drop for the week.
This marked the...
China’s Growing Appetite for Brazilian Soybeans
This year, China's purchase of 54.87 million tons of soybeans underscores Brazil's dominant position in the global soybean market.
September showcased this bond. As per...