Business - Brazil
A Week of Economic Decisions in Latin America
This week, Latin America anticipates crucial economic updates, with Brazil, Chile, Colombia, and Mexico set to release their latest inflation figures.
Analysts project a varied...
Brazil’s Natural Gas Dilemma
Over the past fifteen years, Brazil has experienced a significant 138% increase in natural gas production.
This remarkable growth, fueled by the Santos Basin's pre-salt reserves, raised daily output from 62.3 to 148.7 million cubic...
Brazil’s Industrial Sector: Fluctuating Fortunes in March
In March 2024, Brazil's industrial sector saw a modest increase of 0.9% from February, as reported by the Brazilian stats agency IBGE.
This uptick continued...
Lingering Dispute: Rejected Compensation Offer in Mariana Tragedy
Nearly a decade after the Mariana dam disaster, Vale and BHP Billiton, partners in...
Brazil’s Economy Faces Trade Deficit, Yet Investment Remains Strong
In March 2024, Brazil recorded a substantial external accounts deficit of $4.6 billion, the highest for this month since...
Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty
In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV).
This uptick signals a slight...
The Decline of Remote Salaries in Latin America
Remote work has reshaped the global job scene, yet salaries have decreased across several sectors despite high hiring rates...
Petrobras’s Q1 2024: Production Growth Amid Challenges
In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from...
Brazil: $25 Billion Settlement Offered in 2015 Mariana Tragedy
In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a...
Mercado Libre Channels Major Investment into São Paulo’s Economy
In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing...
Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity
Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting significant financial restructuring.
The company...
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