China Hits Back at the New US Owner of Brazil’s Rare Earth Mine
China has banned exports to USA Rare Earth, the new American owner of Brazil only producing rare earth mine, pulling...
June 23, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Egypt’s Hassan Allam Wins a $727m Saudi Megaproject
Egypt's Hassan Allam has won a $727 million contract to build a Waldorf Astoria hotel and superblock at Saudi Arabia's...
June 23, 2026
Africa Opens Its Skies and Drops Visas to Court Tourists
Africa visa-free travel is reshaping tourism in 2026, as open-skies deals and South Africa's 93-country waiver draw more visitors to...
June 23, 2026
Why Brazil’s Oil Giant Petrobras Is Suddenly Chasing Battery Metals
Petrobras is moving into critical minerals with state bank BNDES, an oil giant chasing the lithium and rare earths that...
June 23, 2026
Light, the Rio Power Giant, Closes the Book on a $2 Billion Collapse
The Light recovery nears its end as the Rio de Janeiro power utility raises one and a quarter billion reais...
June 23, 2026
Why Brazil and Mexico Are Paying to Clean Up Their Steel
Brazil industrial decarbonization gets a boost as a World Bank climate fund approves five hundred million dollars to clean up...
June 23, 2026
A Brazilian Worker Is Now as Productive as in 1958
Brazil productivity has slid back to its 1958 level against the United States, and only agribusiness has bucked a four-decade...
June 23, 2026
Argentina Misses Its Big Index Upgrade, and Bank Stocks Crash
Argentina MSCI ruling kept the country in the lowest market tier, deferring close to a billion dollars of foreign buying...
June 23, 2026
Brazil’s Business Travel Spend Booms Past $1 Billion in 2026
Brazil's corporate travel agencies have booked over six billion reais this year, a sign business flying is powering the wider...
June 22, 2026