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Brazil

Challenges in Brazil’s B3 Stock Exchange Amidst Foreign Investor Retreat

In early 2024, the B3 Stock Exchange in São Paulo underwent significant upheaval, marking one of its most challenging periods since 2010. The primary index,...

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 of R$48.692 billion ($9.55 billion). According to the Central Bank,...

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...

Hybrid Cars Gain Momentum in Brazil Amid Electric Vehicle Uncertainties

In Brazil, the hybrid car market is gaining momentum as electric vehicle (EV) sales...

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's biofuel sector over ten...

Brazil’s Natural Gas Dilemma

Over the past fifteen years, Brazil has experienced a significant 138% increase in natural gas production. This remarkable growth, fueled by the Santos Basin's pre-salt...

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...

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...

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...

Lingering Dispute: Rejected Compensation Offer in Mariana Tragedy

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