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Brazil

São Paulo’s Economy Grows 3.2% in Early 2024

In January 2024, São Paulo's economy saw a 3.2% expansion from the previous year, according to insights shared by the Seade Foundation. Farms played a...

Lula’s Brazil Offers Financial Relief to Struggling Farmers

In Brazil, farmers in 16 states can renegotiate their loans if bad weather or falling prices hurt their crops. This help, announced by the National Monetary Council, is open until May 31. Bad weather last...

Brazil’s Federal Public Debt Rises 2.25% in February, Hits $1.319 Trillion

The National Treasury of Brazil announced that the country's federal public debt saw a 2.25% increase in February, totaling R$6.595 trillion ($1.319 trillion). The internal...

Trafigura Admits to a Decade of Bribery in Brazil

Trafigura Group has confessed to a decade-long bribery operation in Brazil, spotlighting the pervasive...

Lula Counters Popularity Dip with Small Business Credit Boost

Brazil's President Luiz Inácio Lula da Silva's administration is launching a credit plan for small businesses. It includes low-interest loans...

Brazil’s Batista Siblings Back on JBS Board

Brazil's JBS welcomed Wesley and Joesley Batista back onto its board, expanding it to include 11 members, of which seven are recognized as independent. JBS...

Brazil’s Mayoral Elections: A National Rivalry Plays Out Locally

In 2024, Brazil's towns will actively elect their mayors and council members, spotlighting the nation's political heavyweight rivalry in...

Brazil and France Launch $1 Billion Amazon Initiative Amid Mercosur Tensions

Brazil's President Luiz Inácio Lula da Silva and France's President Emmanuel Macron announced a plan on Tuesday. Their goal? To...

Brazil to Mandate Vehicle Manufacturers to Invest 1.8% of Revenue in R&D

Brazil's government will mandate a 1.8% revenue investment in research and development (R&D) by...

Brazil’s Tax Reform Sparks Legal Firestorm

In Brazil, 495 companies are contesting Finance Minister Fernando Haddad's tax reform, which seeks to...

Brazil’s February Fire Crisis Quadruples

Brazil faced a dramatic increase in wildfires in February, with the area of burned land skyrocketing by 410% to...