Brazil’s Only Rare Earth Mine Sold to Washington for US$2.8 Billion
US$2.8B deal gives USA Rare Earth 100% of Serra Verde's Pela Ema mine — Latin America's largest-ever rare earths M&A....
April 20, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Braskem Sale Becomes Binding: IG4 Fund Secures 50.1% Stake
Novonor signs binding deal giving IG4's Shine I fund 50.1% of Braskem votes. Shares rose 3.4% to R$9.15 — here's...
April 20, 2026
Washington Puts Brazil on Drug Precursor Source List
The US State Department lists Brazil among major sources of drug precursor chemicals alongside China and North Korea. Diplomatic risk...
April 20, 2026
Brazil Keeps Shipping to the Persian Gulf Despite Hormuz Blockade
Twelve Brazilian cargo ships sailed to the Persian Gulf despite the Hormuz closure. Navy monitors risk as corn keeps flowing...
April 20, 2026
Brazil’s Agro-Industry Was Already Shrinking Before the Iran War Made Everything Worse
Brazil's agro-industrial output fell 1.9% in February before the Iran war even started. Fertilizer inputs collapsed 11.5%. The worst is...
April 20, 2026
Asian Demand for Brazilian Oil Hits Record as Hormuz War Redirects Global Crude Flows
Brazil oil exports to Asia hit a 2026 record as Hormuz disruptions redirect global crude flows. ANP confirms record production....
April 20, 2026
Brazil Morning Call for Monday, April 20, 2026
Brazil's morning call covers the Strait of Hormuz reopening, oil crashing 9%, S&P hitting 7,126, and the ceasefire expiring tomorrow....
April 20, 2026
Safra Family Net Worth 2026: Inside the $590B Dynasty
Alberto Safra belongs to the family behind Banco Safra, a dynasty controlling over $590 billion across J. Safra Sarasin, Saxo...
April 18, 2026
Brazil Races to Rebuild Its Fertilizer Industry After Decades of Neglect
Brazil imports 88% of its 47M-tonne fertilizer need. A $1B Petrobras plant revival aims to cut that to 65% by...
April 17, 2026