Brazil
Brazil’s Fight Against Usury Compared to Developed Nations
In March 2024, Brazil saw credit card interest rates soar to an annual peak of 421.3%, as reported by the Brazilian Central Bank.
This report...
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...
United Front: Paraguay and Brazil Join Forces Against Crime
In the heart of South America, Paraguay and Brazil form a crucial alliance targeting...
Brazil’s Mineral Sector Soars
Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately...
Brazil’s Bradesco Overcomes Challenges, Beats Expectations in Q1 2024
Amid a strategic overhaul, Bradesco revealed its first quarter 2024 performance, recording a net profit of R$ 4.211 billion ($809.82 million).
This figure denotes a...
Brazil’s Budget Dilemma: Fiscal Balance and Political Priorities
President Luiz Inácio Lula da Silva's administration faces a critical balancing act in managing Brazil's fiscal challenges.
This year, a...
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...
Brazil’s Political Shift: A Conservative Resurgence
In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw...
Brazil’s Early 2024 Job Surge: Over 719,000 New Positions
In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding 719,033...
Brazil’s Public Debt Nudges Upward in March
In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638...
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