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Brazil

Political Rifts and Rate Decisions: Brazil’s Central Bank at a Crossroads

(Analysis) Late one Wednesday evening, the Central Bank of Brazil subtly lowered the Selic rate from 10.75% to 10.50%. This modest adjustment, though minor, reveals...

The Rise of Congressional Authority in Brazil

(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power dynamic between the Executive and Legislative branches. These adjustments significantly altered the management of presidential vetoes, amplifying Congress's role in governance. Previously,...

Banco do Brasil Outperforms Expectations in a Volatile Financial Quarter

In the dynamic world of 2024, Banco do Brasil (BBAS3) shows resilience and strategic adaptation. Despite a 1.5% quarterly dip in adjusted net profits, the...

Oi’s Q1 Losses Skyrocket 120% to $545 million

Oi, a major Brazilian telecommunications provider, faces a severe financial crisis while navigating its...

Brazil’s Central Bank Cuts Selic Rate by 0.25% to...

The Central Bank of Brazil cut the Selic rate to 10.5% on May 8, 2024, down 0.25 points from...

Lula’s Quest for Leadership in Divided South America

(Analysis) In his third term as President of Brazil, Luiz Inácio Lula da Silva has aggressively prioritized foreign policy. His goal is to enhance Brazil's...

U.S. Addresses Alleged Censorship Concerns in Brazil

As global focus on human rights and freedom of expression grows, the U.S. House's Global Human Rights Subcommittee has...

Green Metals Drive Global Mining Consolidations

(Analysis) Renewable energy and electric vehicles are reshaping global markets, driving a major shift in mining towards strategic minerals. Elements...

UBS Optimistic on Vale with Upgrade to ‘Buy’

UBS recently elevated Vale's rating from 'neutral' to 'buy,' signaling a brighter outlook for...

Economic Woes and Security Issues Drag Down Lula’s Ratings

The National Transport Confederation (CNT) has disclosed a significant dip in President Luiz Inácio Lula...

Brazil’s Political Clash: Semipresidentialism or Presidentialism

Brazil's ongoing political conflict between Arthur Lira and Luiz Inácio Lula da Silva pits semipresidentialism against the current presidential...