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Brazil

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 having their R$127 billion ($25...

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 crime. During a pivotal meeting in Asunción with key ministers and Paraguayan President Santiago Peña, this...

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...

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 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 adjustment, first set in February 2016, places Brazil tantalizingly...

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...

Brazil Boosts Industry with New Tax Incentive

The Brazilian Senate approved a significant legislative project to rejuvenate the nation's industry. This new law enables companies to write...

Brazil’s Early 2024 Job Surge: Over 719,000 New Positions

In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding...

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 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...