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Brazil

Petrobras President’s Role Equated to Ministerial Status by Finance Minister Haddad

Finance Minister Fernando Haddad recently likened the role of Petrobras' president to that of a government minister. He underscored the position's critical importance shortly after...

Youth Unemployment Rate in Brazil Rises to 16.8% in Q1

In early 2024, Brazil witnessed a notable shift in youth unemployment rates, reaching 16.8% for those aged 18 to 24. This marked an increase from late 2023, yet it showed improvement over the previous year's...

Elon Musk and the Brazilian Political Drama: A Tale of Rights and Wrongs

(Analysis) In Brazil, the clash between high-profile figures such as Elon Musk and members of the Brazilian Supreme Court, particularly Justice Alexandre de Moraes,...

Brazil Adjusts Economic Growth Forecast Amid Challenges

In a dynamic turn of events, Brazil's economic resilience shines as the Ministry of...

Azul Eyes Mergers to Revive Latin American Airlines

John Peter Rodgerson, CEO of Azul (AZUL4), emphasizes consolidation as essential for addressing challenges faced by Latin American airlines. He...

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...

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. to Buy Critical Minerals from Brazil, Ambassador Says

US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a...

Brazil’s Caixa Achieves Strong Financial Results in Q1

Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million) in...

Rise in International Tourists Visiting Brazil in the First Four Months

In the first four months of this year, Brazil saw a 7.4 percent rise in international tourists, reaching a...