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Brazil

Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty

In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight...

The Decline of Remote Salaries in Latin America

Remote work has reshaped the global job scene, yet salaries have decreased across several sectors despite high hiring rates in 2023. Data from Deel indicates salary drops in marketing and operations throughout Asia-Pacific, North America,...

A Greener Horizon: G7’s Pledge Against Coal

G7 nations have pledged to fully decarbonize their power sectors by 2035, marking a major stride toward sustainability. Amid strategic meetings, they signaled a departure...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day...

Brazil: $25 Billion Settlement Offered in 2015 Mariana Tragedy

In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a Vale and BHP venture—resulted in...

Brazil’s March Deficit Narrows Yet Fails Analysts’ Expectations

In March 2024, Brazil's central government reported a primary deficit of R$1.527 billion ($299.29 million). Brazil's primary deficit in March was an improvement from the...

Mercado Libre Channels Major Investment into São Paulo’s Economy

In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing 35% of its R$23...

Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity

Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting significant financial restructuring. The company...

Brazil’s Looming Pension Shortfall Calls for Action

Brazil's pension system is under pressure, with experts predicting a dire financial shortfall by...

Why More Young Brazilians Are Considering Emigration

In Brazil, young people are increasingly expressing a desire to emigrate due to political and...

Embraer’s Major Investment Enhances Brazil’s Aviation Industry

Embraer, recognized as the world’s third-largest aircraft manufacturer, unveiled a significant investment plan for 2024. With Brazil's President Luiz Inácio...