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Brazil

Brazil’s New Coastline Makeover: Neymar’s Caribbean Dream in the Making

A stunning 100-kilometer coastal belt between Alagoas and Pernambuco is set to transform into a real estate paradise. Known for pristine beaches, this area echoes...

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 Jean Paul Prates was dismissed from the role. This comparison indicates...

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...

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...

Brazil Adjusts Economic Growth Forecast Amid Challenges

In a dynamic turn of events, Brazil's economic resilience shines as the Ministry of Finance raises its 2024 GDP...

April Marks Historic High for Brazil’s Agribusiness Exports

In April 2024, Brazil's farming sector achieved a record-breaking export value of $15.24 billion. This marked a 3.9% increase from the previous year, representing nearly...

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...

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....

Auren’s Acquisition of AES Brasil Reshapes Energy Market

Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two months...

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 the first quarter. This figure...