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Brazil

Brazil and Japan Ink Agreements on Agriculture and Cybersecurity

On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio Kishida signed three strategic agreements at the Palácio do Planalto. These...

Brazil’s Fight Against Usury Compared to Developed Nations

In March 2024, Brazil saw credit card interest rates soar to an annual peak of 421.3%, as reported by the Brazilian Central Bank. This report highlights the ongoing challenges within Brazil's credit industry where rates...

Brazil’s Industrial Sector: Fluctuating Fortunes in March

In March 2024, Brazil's industrial sector saw a modest increase of 0.9% from February, as reported by the Brazilian stats agency IBGE. This uptick continued...

Lingering Dispute: Rejected Compensation Offer in Mariana Tragedy

Nearly a decade after the Mariana dam disaster, Vale and BHP Billiton, partners in...

United Front: Paraguay and Brazil Join Forces Against Crime

In the heart of South America, Paraguay and Brazil form a crucial alliance targeting the pervasive networks of organized...

Brazil’s Economy Faces Trade Deficit, Yet Investment Remains Strong

In March 2024, Brazil recorded a substantial external accounts deficit of $4.6 billion, the highest for this month since 2021. This information, released by Brazil's...

Brazil’s Bradesco Overcomes Challenges, Beats Expectations in Q1 2024

Amid a strategic overhaul, Bradesco revealed its first quarter 2024 performance, recording a net profit of R$ 4.211 billion...

Brazil’s Budget Dilemma: Fiscal Balance and Political Priorities

President Luiz Inácio Lula da Silva's administration faces a critical balancing act in managing Brazil's fiscal challenges. This year, a...

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2...

Brazil Boosts Industry with New Tax Incentive

The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry. This new law...

Brazil’s Early 2024 Job Surge: Over 719,000 New Positions

In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding 719,033 formal jobs, as per...