No menu items!

Brazil

Brazil’s Public Debt Nudges Upward in March

In March 2024, Brazil observed a modest rise in its Federal Public Debt (FPD), increasing by 0.65% to R$6.638 ($1.2) trillion. This adjustment reflects ongoing...

Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty

In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight shift towards uncertainty, even as the index remains within a...

The Decline of Remote Salaries in Latin America

Remote work has reshaped the global job scene, yet salaries have decreased across several sectors despite high hiring rates in 2023. Data from Deel indicates...

A Greener Horizon: G7’s Pledge Against Coal

G7 nations have pledged to fully decarbonize their power sectors by 2035, marking a...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from...

Why Brazil’s Selic Might Not Go Far Below 10% Despite Hopes to The Contrary

(Analysis) Amid global and local fiscal pressures, Brazil may end its monetary easing, with the Selic rate potentially stabilizing at 10%. These expectations stem from...

Brazil’s March Deficit Narrows Yet Fails Analysts’ Expectations

In March 2024, Brazil's central government reported a primary deficit of R$1.527 billion ($299.29 million). Brazil's primary deficit in March...

Mercado Libre Channels Major Investment into São Paulo’s Economy

In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing 35% of its R$23...

Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity

Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition,...

Brazil’s Speaker of the House Seeks Tighter Supreme Court Controls

Arthur Lira, leader of Brazil's Chamber of Deputies, unveiled a major proposal at the 89th...

Why More Young Brazilians Are Considering Emigration

In Brazil, young people are increasingly expressing a desire to emigrate due to political and economic frustrations. This widespread sentiment...