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Brazil

Brazil Marks Fiscal Success with March Surplus Turnaround

Brazil's public sector achieved a dramatic fiscal turnaround in March, recording a primary surplus of R$1.177 billion ($0.23 billion). This came after February's steep deficit...

Brazil’s Service Sector Expansion Slows Amid April Sales Decline

The growth of Brazil's service sector slowed in the second quarter, as weaker April sales took a toll. The Purchasing Managers' Index (PMI) from S&P Global showed a decline from 54.8 in March to 53.7 in...

Hybrid Cars Gain Momentum in Brazil Amid Electric Vehicle Uncertainties

In Brazil, the hybrid car market is gaining momentum as electric vehicle (EV) sales slow down in multiple markets due to dwindling government incentives...

Mubadala Drives Future Energy with $13.5 Billion in Brazil

Mubadala Capital, based in Abu Dhabi, commits an impressive R$68.5 billion ($13.51 billion) to...

Brazil Faces Surge in Passenger Lawsuits Against Airlines

Brazil’s airline sector is currently enmeshed in a complex and growing web of legal challenges, facing an unprecedented wave...

Rapid Growth of Brazil’s Indigenous Communities

In the past 12 years, Brazil's indigenous population has grown from 891,000 to 1,694,836, an increase of nearly 89%. Data from the Brazilian stats agency...

Brazil Extends Military Deployment at Major Ports and Airports

Brazil has extended its military deployment at major ports and airports for 30 days to bolster law enforcement. This action...

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...

Brazil’s Fight Against Usury Compared to Developed Nations

In March 2024, Brazil saw credit card interest rates soar to an annual peak...

Lingering Dispute: Rejected Compensation Offer in Mariana Tragedy

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

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...