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.
Brazilian Central Bank considers possible cut in key interest rate in light of falling inflation
The Central Bank of Brazil has indicated that if the ongoing disinflationary trend continues, it may consider revising the country's basic interest rate, known...
Lula announces US$86B crop plan for 2023/2024, largest in history
The Brazilian government, under President Luís Inácio Lula da Silva, is set to unveil the Harvest Plan for 2023/2024 on Tuesday.
With an estimated budget...
Lula da Silva supports export financing line to Argentina
Brazilian President Lula da Silva has expressed his support for establishing a financing line to facilitate Brazilian exports to Argentina.
During a joint press conference...
Bitcoin maintains US$30,000 level as rally continues, shows 12% monthly gain
Bitcoin (BTC) has sustained its position above US$30,000 as it nears the end of June, with an accumulated appreciation of approximately 12% for the...
Market revises Brazilian GDP growth upward and expects inflation to fall further in 2023
Financial market analysts continue to revise their growth forecast for Brazil's Gross Domestic Product (GDP) in 2023 upward, according to the latest data from...
Global lithium demand outstrips supply, raising concerns for electric vehicle industry
The global demand for lithium, a crucial component in electric vehicle (EV) batteries, surpasses the available supply, causing concerns among lithium producers.
Delays in mining...
Mexico emerges as a leading nearshoring destination, outpacing Asian countries and the United States
Mexico has surpassed low-cost Asian countries and the United States in nearshoring, as highlighted by a recent analysis conducted by U.S. consulting firm Kearney.
The...
Brazil’s Mato Grosso state implements Blockchain system for public administration
Mato Grosso, Brazil, a powerhouse in agriculture, is embracing digital transformation by implementing blockchain technology in its public administration.
The state, the third largest by...
Foreign investment in Brazil fell by almost 30% after record year in 2022
According to the Central Bank, foreign investment in Brazil's productive sector dropped by 28.3% in the first four months of 2023 compared to the...
Brazil ranks as the third most complex country for doing business
Brazil has been identified as the third most complex country for doing business, according to the Global Business Complexity Index (GBCI) conducted by TMF...
Dollar shortage in Argentina spurs increased use of yuan
Argentina's scarcity of dollars has led companies, including US household appliance giant Whirlpool, to consider using Chinese yuan to pay for imports.
As the dwindling...
Latin American countries, except Argentina, expected to avoid recession, says Barclays
According to British investment bank Barclays, most Latin American countries are unlikely to experience a recession in 2023, except for Argentina.
The bank attributes this...
Argentina’s first quarter GDP grows by 1.3%
Argentina's Gross Domestic Product (GDP) expanded by 1.3 percent in the first quarter of 2023, driven primarily by increased private consumption and imports, according...
Cape Verde’s industrial production sees 10.4% growth in Q1 2023
Cape Verde's industrial production experienced a significant growth of 10.4% in the first quarter of this year compared to the same period in the...