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Brazil

Brazil stocks rise US$73.6 billion thanks to Bolsonaro’s better electoral chances

Companies listed on the B3 (São Paulo Stock Exchange) appreciated US$73.6 billion from Friday, Sep. 30, to Monday, Oct....

Brazil elections 2022: Trump supports Bolsonaro in the runoff

On Monday, October 3, former US President Donald Trump supported the current Brazilian president,...

Polarization: Lula da Silva and Bolsonaro concentrated 91.6% of valid votes

In the most polarized presidential election since re-democratization, former socialist President Luiz Inácio Lula da Silva (PT, left) and conservative President Jair Bolsonaro (PL,...

Brazil approves clinical trial for first Covid-19 vaccine developed in the country

Brazilian health authorities on Monday approved a clinical trial for the first Covid-19 vaccine developed in the country, officials...

Brazil: Number of black deputies grows 10% in 2022

The number of black deputies elected in 2022 has risen to 135 in Brazil. That's a 26% increase from...

Brazilian trade balance shows US$4 billion surplus in September

Brazil's trade balance showed a surplus of US$4 billion in September. The volume is 9.3%...

Brazil’s former Justice Minister Sergio Moro elected senator for Paraná state

Sergio Moro (União Brasil) was elected senator for Paraná on Sunday, October 2. He received 1.9 million votes (33%). The former judge will remain in office until 2030. The seat he will take is the one...

The most voted federal deputy in Brazil and in the history of Minas Gerais state

Nikolas Ferreira (Liberal Party - PL), 26, is the most voted federal deputy in Brazil and in the history of Minas Gerais (MG) and was born in the state capital, Belo Horizonte. He is currently a...

Dollar drops almost 3% after elections and Brazilian currency is highlight

The US dollar opened in a sharp drop of 2.91%, trading at R$5.238 on Monday, October 3, with investors reacting positively to the results...

Brazilian President Bolsonaro considers cooperation with Russia on fertilizers vital

Brazil's president and candidate for re-election in this Sunday's presidential elections, Jair Bolsonaro, called cooperation with Russia on fertilizers vital. "Russia is vital for us on the issue of fertilizers. I talked for three hours in...

Market expects lower inflation in Brazil in 2022 and GDP remains high

This week, the financial market maintained the trend to reduce inflation expectations for 2022 and 2023 and to raise the projection for growth in Gross Domestic Product (GDP) for this year, as shown in the...