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Brazil

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 the Selic rate potentially stabilizing at 10%. These expectations stem from...

Brazil’s March Deficit Narrows Yet Fails Analysts’ Expectations

In March 2024, Brazil's central government reported a primary deficit of R$1.527 billion ($299.29 million). Brazil's primary deficit in March was an improvement from the previous year's R$7.083 billion ($1.362 billion) deficit. However, it fell short...

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 35% of its R$23 billion ($4.51 billion) Brazil-wide investment. This...

Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity

Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition,...

Brazil’s Looming Pension Shortfall Calls for Action

Brazil's pension system is under pressure, with experts predicting a dire financial shortfall by 2024. A recent report from the...

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 Lula da Silva at the...

Brazil’s Press Freedom Faces Legal Challenges

(Analysis) This week, Jorge Messias of Brazil's Attorney General's Office took a decisive step that stirred national debate. By forwarding...

Insights into Brazil’s April Inflation Slowdown

In April, inflation in Brazil experienced a significant deceleration, as evidenced by the IPCA-15 index, which rose by just...

The Billionaire Tax: A Global Call for Equity

Finance ministers from G20 nations such as Brazil, Germany, South Africa, and Spain recently...

A Strategic Energy Alliance in South America

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement...

Lula’s Push for South American Unity Faces Hurdles

Brazilian President Luiz Inácio Lula da Silva, who started his term last year, aimed to revive South American unity,...