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Brazil’s Nubank raises investment from Buffett, others; market valuation hits US$30 billion
RIO DE JANEIRO, BRAZIL - Nubank has closed two extensions of the Series G investment made earlier this year, which total US$750 million. The...
Analysis: Global agreement to tax multinationals would yield Brazil US$1 billion
RIO DE JANEIRO, BRAZIL - Brazil could raise US$1 (R$ 5.03) billion in additional tax revenue per year by imposing the minimum global tax...
Copa América players’ vaccination will not be mandatory – Brazil’s health minister
RIO DE JANEIRO, BRAZIL - Health Minister Marcelo Queiroga on Monday said that vaccination of players taking part in the Copa América will not...
Analysis: Is Brazil’s Itaú bank ready to compete with fintechs?
RIO DE JANEIRO, BRAZIL - Last week, Itaú Unibanco (ITUB4) held an Investor Day, delivering its main messages regarding the future, amid a very...
Brazil is country with 2nd-most child deaths by Covid-19
RIO DE JANEIRO, BRAZIL - A survey conducted by Estadão considered countries with over 1,000 deaths per million inhabitants and with at least 20...
“Brazil will fail if it uses commodities in short-term measures” – IDB President
RIO DE JANEIRO, BRAZIL - Inter-American Development Bank (IDB) president Mauricio Claver-Carone warned about Brazil's record of leveraging the rise in international commodity prices...
Brazilian Footbball Confederation suspends its president after abuse allegations
RIO DE JANEIRO, BRAZIL - The Brazilian Football Confederation (CBF) suspended its president, Rogério Caboclo, accused by an employee of moral and sexual abuse,...
Rio de Janeiro mayor warns city could cancel Copa America soccer games
RIO DE JANEIRO, BRAZIL - (REUTERS) A potential increase in Covid-19 cases in Rio de Janeiro could force the city to abruptly cancel matches...
Nicolás Maduro criticizes U.S. Government’s refusal to donate vaccines to Venezuela
RIO DE JANEIRO, BRAZIL - The president of Venezuela, Nicolás Maduro, criticized on Thursday, June 3, 2021, that the United States government donates vaccines...
Analysis: Copa America in Brazil becomes Bolsonaro’s trump card and smokescreen
RIO DE JANEIRO, BRAZIL - The Copa America hasn't kicked off yet, but the Bolsonaro government is treating the last-minute hosting of the tournament...
U.S. to send over 6 million vaccines to Latin America this month, including Brazil
RIO DE JANEIRO, BRAZIL - The Biden administration announced the destination of 31% of the 80 million doses it has pledged to distribute worldwide,...
U.S. begins shipping the first batch of 6 million Covid vaccine doses destined for South and Central America
RIO DE JANEIRO, BRAZIL - The United States will begin "as soon as today", Thursday, the shipment of millions of vaccines against covid-19 to...
Peru Elections: Voters’ dilemma is whether to defend the economic model or to re-invent it
RIO DE JANEIRO, BRAZIL - Defending the economic model or re-invent it is the dichotomy posed by Peru's presidential candidates, Keiko Fujimori (right) and...
Brazil’s Bolsonaro vindicates the economy in the face of pandemic; pot-banging protests in large cities
RIO DE JANEIRO, BRAZIL - On Wednesday, June 2, amid protests in numerous cities, Brazil's President Jair Bolsonaro once again focused on the economy...