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Brazil

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 continues efforts to curb organized crime in Rio de Janeiro and São Paulo, critical transit...

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...

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...

Brazil’s Mineral Sector Soars

Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately $13.33 billion). This surge stems from...

Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production...

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...

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

Amid a strategic overhaul, Bradesco revealed its first quarter 2024 performance, recording a net...

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 rating. This...

Brazil’s Political Shift: A Conservative Resurgence

In early 2024, Brazil's National Congress, having turned to a more conservative stance, saw a significant political shift. Right-wing legislators...