Brazil
Brazil’s Exports to EU Surge, China Sales Climb
Brazil's export sector saw a remarkable surge in April 2024, driven by significant shipments of petroleum, unroasted coffee, and soybean meal.
The Foreign Trade Indicator...
Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul
In response to Rio Grande do Sul's floods, President Lula announced significant aid measures for the region.
On his third visit to the area, Lula introduced a new ministry for reconstruction and unveiled a comprehensive...
Chinese EV Makers Pivot to Mexico and Brazil Amid U.S. Tariffs
Chinese electric vehicle (EV) manufacturers, including BYD, are rushing shipments to Mexico and Brazil. This move responds to impending U.S. tariff hikes and trade...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a...
Auren’s Acquisition of AES Brasil Reshapes Energy Market
Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two months of negotiations.
This acquisition makes...
Petrobras Experiences Significant Market Value Drop Following Leadership Change
Petrobras experienced a significant drop in market value following the unexpected resignation of its president.
A new leader, formerly with the National Agency of Petroleum,...
Magda Chambriard’s Journey to Leading Petrobras
President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...
Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations
The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts.
The index fell...
JBS Exceeds Expectations Despite Market Challenges
In a notable first-quarter turnaround, JBS achieved a profit of R$ 1.6 billion ($310...
Political Pressure Forces Petrobras CEO Prates Out
On Tuesday evening, Petrobras (PETR4) announced that CEO Jean Paul Prates requested an early termination...
Shifting Tides in Brazil’s Economic Policy: The Final Cuts
(Analysis) The latest update from Brazil's Monetary Policy Committee (Copom) indicates the nearing end of the interest rate reduction...
-
MOST VIEWED – TODAY