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 Early Economic Indicator Declines in August
The IBC-Br index, akin to a snapshot of Brazil's GDP, declined by 0.77% in August.
The drop was more than what financial experts had guessed....
Brazil’s Nubank Poised for Massive Valuation Spike
Brazil's Nubank could see its value skyrocket in the next three years, says Morgan Stanley. This digital bank counts Berkshire Hathaway among its top...
Petrobras Weighs Return to Venezuelan Oil Sector
Brazil's state-owned oil company Petrobras is considering putting money back into Venezuela.
This idea comes after the U.S. lifted its sanctions on Venezuela. Petrobras' CEO,...
Uruguay Readies for Argentina’s Post-Vote Money Plunge
As elections approach, Uruguay is closely watching Argentina, where the political climate is tense and divided.
Economists in Uruguay predict that Argentina will see a...
Peru Faces Risk of Missing Deficit Goals Due to Low Revenue
A government committee observed that Peru might miss its fiscal deficit targets for both this year and the next.
They note that the public revenue...
Brazil’s Batista Family Allocates $1 Billion for Mining Expansion
The Batista family, already prominent in the meatpacking industry and among the wealthiest in Brazil, is branching out.
They're putting more than $1 billion into...
Brazil Launches First Private Export Zone to Boost Trade and Jobs
Last Thursday, Brazil's leader signed a directive establishing the country's first privately-managed Export Processing Zone (EPZ).
Located in Aracruz, Espírito Santo, this industrial hub has...
Why Gold Prices Are Rising: The Israel-Hamas Factor
The conflict between Israel and Hamas has driven an increase in global gold prices.
On October 6, one troy ounce of gold cost $1,845.20. By...
As Election Nears, Argentine Bond Holders Worry
As Argentina's presidential election approaches, the uncertainty looms for those holding $65 billion in the country's bonds.
Most signs point to a risky investment climate,...
Mixed Forecasts for Uruguay’s 2023 Economy
According to a recent survey by Uruguay's Central Bank, experts anticipate a 0.78% economic boost for the year 2023.
This slight uptick shows a small...
Chile’s Debt Nears 1980s Highs
In 2024, Chile's government intends to increase public spending by 3.5%, anticipating a fiscal deficit of 1.9% of the GDP.
By year-end, they project the...
Why Brazil’s Ibovespa Grows Amid Israel-Hamas Tensions
The Israel-Hamas conflict has lasted ten days. Despite global unease, Brazil's Ibovespa stock index reports modest gains.
On October 6, the index stood at 114,170...
Argentina Starts Joining BRICS Bank
Argentine President Alberto Fernández met with Dilma Rousseff, head of the New Development Bank, in Shanghai.
He announced Argentina is beginning the process to join...
China’s Q3 GDP Rises 4.9%
China's National Statistics Department reports a 4.9% GDP increase in 2023's third quarter compared to last year.
This marks a 1.3% growth from the prior...