Business - Brazil
Brazil receives 2.7 million foreign tourists in first four months of 2023, most of all Argentines
Brazil received 2.7 million foreign tourists in the first four months of 2023, a figure that is equivalent to...
Industrial production in Brazil drops 0.6% in April, says IBGE
Industrial production fell 0.6% in April compared to March on a seasonally adjusted basis...
Brazil’s soybean exports recorded second largest volume ever in May
Brazilian soybean exports totaled 15.6 million tons in May, the second largest monthly volume in history, second only to shipments recorded in April 2021,...
IMF “will be surprised” with Brazil’s economic progress in 2023, Lula says
The president of Brazil, Luiz Inácio Lula da Silva, assured this Thursday that the International Monetary Fund (IMF) "will...
Brazil’s GDP grows 1.9% in the 1st quarter of...
The country's GDP (Gross Domestic Product) grew 1.9% in the 1st quarter of the year compared to the 4th...
Number of Brazilian listed companies at risk of default doubles, warns Fitch
The number of listed Brazilian companies at risk of default doubled between last December...
Brazilian market raises economic growth forecast for 2023 to 1.26%
The Brazilian financial market raised from 1.20 to 1.26 percent the estimate of Gross Domestic Product (GDP) growth for this year and maintained the forecast at 1.30 percent for next year, the Central Bank of...
Brazil’s current account records in April first external deficit for the month since 2019
Brazil's external accounts recorded a deficit of US$1.68 billion last April, the first negative result for the month since 2019, Brazil's Central Bank announced yesterday, Friday.
In April 2022, Brazil's current account had a surplus of...
Mercado Libre’s Sean Summers, sees significant potential for further growth in e-commerce and Mercado Pago
Despite a challenging economic environment characterized by high-interest rates, slowed consumption, and competition from Asian markets, Latin American e-commerce giant Mercado Livre (MELI) continues...
Brazil’s broad CPI slows down in May and registers a 4.07% advance in 12 months
On Thursday, the Broad National Consumer Price Index-15 (IPCA-15) rose 0.51% in May, after a high of 0.57% in April, informed the Brazilian Institute of Geography and Statistics (IBGE).
In May, the IPCA-15 had risen 0.59%....
Vale makes world’s biggest dividend cut and knocks Brazil off top of global rankings
The concentration of dividends on the Brazilian stock exchange became apparent in the first quarter of 2023.
Vale made the most significant dividend cut in the world in this period, of US$1.8 billion compared to the...
Australian Senator Gerard Rennick: "There has been a lot of misleading advertising in regards to the safe and effective claim….the risks have never been clearly outlined"
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