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Brazil

Financial Whirlwind: Brazil’s Market Faces a Week of Declines and Dollar Gains

This week, Brazil's financial scene saw significant swings, with the Ibovespa index dropping 3% and the U.S. dollar rising 1.27% against the real. The Ibovespa...

Brazil’s Corruption Crackdown Crumbles: The New Legal Landscape

(Analysis) Brazil's judicial system is currently undergoing a significant and dramatic transformation process. Operation Car Wash (Lava Jato), once a major anti-corruption effort, now sees key figures granted broad amnesty. This sweeping change echoes past amnesties...

Gol Surges Nearly 12% and Azul Jumps 5% After Partnership Reignites Merger Speculation

On Friday, the Brazilian stock market witnessed a significant surge in the shares of two major airlines, Azul and Gol. This spike was triggered by...

Dasa and Amil in Talks: A Potential Healthcare Powerhouse

In Brazil, Dasa's shares climbed 3.93% to R$3.93 ($0.76) on Friday, following a 13.69%...

Brazil’s April Deficit Hits Four-Year High

April proved challenging for Brazil's economy, which saw a significant current account deficit of $2.516 billion. This figure, announced by...

U.S. Congress Investigates FBI’s Alleged Role in Brazilian Censorship

Republican Congressman Jim Jordan leads a U.S. House inquiry into the FBI's potential role in curtailing free speech in Brazil. This investigation targets censorship and...

Strategic Skies: Azul and Gol Announce Partnership Amid Merger Talks

Azul and Gol, Brazil's premier airlines, have embarked on a strategic alliance that promises to reshape their domestic air...

Brazil’s Coffee Comeback: A Brew of Growth and Opportunity

Brazil, the global leader in coffee production, is poised for a remarkable increase in its 2024 coffee harvest. This...

Brazil’s Economic Dip: Government Concedes to Q2 GDP Decline

In a surprising announcement at a Rio de Janeiro conference, the Brazilian government conceded...

Brazil’s Industrial Surge in April Signals Robust Economic Upturn

In a surprising turn, Brazil's industrial sector grew substantially in April 2024, with the PMI...

Cutting Costs, Boosting Business: São Paulo’s Economic Reform

Governor Tarcísio de Freitas is launching a transformative plan to save São Paulo up to R$20 billion ($3.88 billion)...