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Brazil

Lula’s Push for South American Unity Faces Hurdles

Brazilian President Luiz Inácio Lula da Silva, who started his term last year, aimed to revive South American unity, echoing his previous leadership goals. However,...

Petrobras Delivers Record Dividends in 2023

Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32 billion). This included R$22 billion ($4.27 billion) in extraordinary dividends, setting a new record in their financial dealings. The company paid R$58.214...

Madonna’s Spectacular Night in Rio Draws Record Crowd

On May 4th, Rio de Janeiro's famous Copacabana beach will transform into a massive concert venue for Madonna. The city expects a record-breaking crowd of...

Vale Faces Challenges Yet Holds Steady in Q1

In the vast landscapes of Brazil, where nature’s bounty runs as deep as the...

Brazil Tops Latin America as the Prime Destination for...

Brazil has emerged as a major player for global investments, establishing itself as the top choice for foreign capital...

Google Halts Political Ads Ahead of Municipal Elections in Brazil

In a significant move, Google declared that it would block political advertisements for the forthcoming October municipal elections. This announcement on Wednesday aligns with the...

Strategic Steel Quotas: Brazil’s New Economic Defense

The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect...

Corporate Moves in Brazil: Updates on WEG, Neoenergia, and Cogna

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194...

Brazil and South Africa Forge Stronger Ties

Brazil is ramping up its diplomatic efforts in Africa, a key region in President...

Brazil’s Tax Revenue Hits Historic Peak

In March 2024, Brazil's federal revenue hit a record R$190.6 billion ($37.37 billion), the highest...

Brazil’s Lula Criticizes Financial Market Forces in Defiant Speech

In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly challenged the financial pressures dominated...