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Brazil

Economic Revival: How Brazil’s Northeast Aims to Outpace National Growth

In Brazil, the Northeast is poised to reclaim its historic economic role. From 2026 to 2034, the region is set to grow by 3.4%...

Brazil’s Response to Alleged Misinformation on Floods Raises Free Speech Concerns

(Analysis) Following President Lula's directive, Justice Minister Ricardo Lewandowski investigates accusations of misinformation about Rio Grande do Sul flood relief. This effort aims to counter disinformation and harmful narratives online, yet it raises free speech...

Brazil Mobilizes Military in Major Flood Crisis

Brazil has responded to devastating floods by deploying over 20,000 military personnel in Rio Grande do Sul. This response, known as "Operation Taquari 2," tackles...

Brazil’s Robust Sugar Harvest Stabilizes Global Supply

For the second year running, Brazil's sugar production has increased, promising to stabilize lower...

Robust Q1 Earnings for Major Brazilian Banks in 2024

In early 2024, Brazil's top four retail banks earned a remarkable R$26.3 billion ($5.16 billion), marking a 12.4% year-over-year...

CPFL Gains as B3 Faces Quarterly Profit Drop

CPFL Energia (CPFE3) reported a substantial net profit of R$1.75 billion ($342.1 million) for the first quarter. This marked a 6.3% increase from the same...

Brazilian Government and BID Launch Flood Recovery Measures in Rio Grande do Sul

On Thursday, Brazil's government announced an economic recovery package to assist Rio Grande do Sul following severe flooding. President Luiz...

Political Rifts and Rate Decisions: Brazil’s Central Bank at a Crossroads

(Analysis) Late one Wednesday evening, the Central Bank of Brazil subtly lowered the Selic rate from 10.75% to 10.50%. This...

The Rise of Congressional Authority in Brazil

(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power...

Oi’s Q1 Losses Skyrocket 120% to $545 million

Oi, a major Brazilian telecommunications provider, faces a severe financial crisis while navigating its second...

Brazil’s Central Bank Cuts Selic Rate by 0.25% to 10.5%, Sparking Political Backlash

The Central Bank of Brazil cut the Selic rate to 10.5% on May 8, 2024, down 0.25 points from...