Brazil
Youth Unemployment Rate in Brazil Rises to 16.8% in Q1
In early 2024, Brazil witnessed a notable shift in youth unemployment rates, reaching 16.8% for those aged 18 to 24.
This marked an increase from...
Elon Musk and the Brazilian Political Drama: A Tale of Rights and Wrongs
(Analysis) In Brazil, the clash between high-profile figures such as Elon Musk and members of the Brazilian Supreme Court, particularly Justice Alexandre de Moraes, has intensified.
This has led to debates around freedom of speech...
Brazil Adjusts Economic Growth Forecast Amid Challenges
In a dynamic turn of events, Brazil's economic resilience shines as the Ministry of Finance raises its 2024 GDP growth estimate from 2.2% to...
Azul Eyes Mergers to Revive Latin American Airlines
John Peter Rodgerson, CEO of Azul (AZUL4), emphasizes consolidation as essential for addressing challenges...
Brazilian Companies Go Global with Private Equity Support
In a world where global boundaries are increasingly fluid, Brazilian companies are ambitiously expanding internationally.
Driven by strategic shifts, industries...
Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul
In response to Rio Grande do Sul's floods, President Lula announced significant aid measures for the region.
On his third visit to the area, Lula...
Chinese EV Makers Pivot to Mexico and Brazil Amid U.S. Tariffs
Chinese electric vehicle (EV) manufacturers, including BYD, are rushing shipments to Mexico and Brazil. This move responds to impending...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a May 15, 2024 interview with...
Auren’s Acquisition of AES Brasil Reshapes Energy Market
Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two...
Rise in International Tourists Visiting Brazil in the First Four Months
In the first four months of this year, Brazil saw a 7.4 percent rise in...
Petrobras Experiences Significant Market Value Drop Following Leadership Change
Petrobras experienced a significant drop in market value following the unexpected resignation of its president.
A new leader, formerly with...
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