Business - Brazil
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...
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 the growth from the previous month's 0.1% rise, marking the...
Lingering Dispute: Rejected Compensation Offer in Mariana Tragedy
Nearly a decade after the Mariana dam disaster, Vale and BHP Billiton, partners in Samarco, are at risk of having their R$127 billion ($25...
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...
Brazil Nears Investment Grade with Moody’s Positive Outlook
Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating.
This adjustment, first set in...
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 in 2023.
Data from Deel indicates...
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 Vale and BHP venture—resulted in...
Why Brazil’s Selic Might Not Go Far Below 10% Despite Hopes to The Contrary
(Analysis) Amid global and local fiscal pressures, Brazil may end its monetary easing, with...
Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity
Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting...
Embraer’s Major Investment Enhances Brazil’s Aviation Industry
Embraer, recognized as the world’s third-largest aircraft manufacturer, unveiled a significant investment plan for 2024.
With Brazil's President Luiz Inácio...
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