Exploring the path for Brazil’s credit rating upgrade by S&P
Despite the recent change in perspective on Brazil's rating from 'stable' to 'positive' by S&P Global Ratings, the journey to...
June 21, 2023Topic
brazil economic news
Regulated carbon market could generate US$120B annually for Brazil
Brazil could potentially amass approximately US$120 billion annually, equivalent to 5% of its Gross Domestic Product (GDP), via a regulated...
June 21, 2023
Saudi Arabia’s PIF sovereign wealth fund in advanced talks to acquire stake in Vale’s base metals unit
According to a recent Bloomberg report, the Public Investment Fund (PIF) of Saudi Arabia is the leading candidate to buy...
June 20, 2023
Embraer teams up with Japanese firm to develop electric motors for flying cars
Brazilian aerospace leader, Embraer, has joined forces with a Japanese firm to create a new company focused on developing electric...
June 19, 2023
Brazil’s agricultural production valued at US$220 billion
According to Brazil's Ministry of Agriculture, the country's agricultural production for 2023 is valued at R$1.2 trillion (US$220 billion), placing...
June 17, 2023
Lithium Valley: Brazil’s ambitious project in the once-dubbed “Valley of Misery”
Long called the '"Valley of Misery", the Jequitinhonha Valley, in the neglected northern part of the state of Minas Gerais...
June 16, 2023
Requisites for Brazil to reclaim investment grade status
For Brazil to ascend the ratings ladder and regain investment grade status from rating agencies, it requires robust reforms and...
June 15, 2023
S&P global ratings upgrades Brazil’s credit outlook for first time since 2019
Standard & Poor's (S&P) Global Ratings upgraded Brazil's credit outlook from "stable" to "positive" on Wednesday, marking the first such...
June 15, 2023
JBS, Brazilian meat titan, invests in world’s largest lab-grown meat facility in Spain
JBS SA, the global leader in beef production, has announced plans to construct the world's largest facility for lab-grown meat...
June 8, 2023