Brazil Museum Fire

Analysis: Brazil Is Emerging as World’s Leading Offshore Oil Producer

Sharply weaker oil prices, the COVID-19 pandemic, and heightened geopolitical uncertainty have done little to blunt Brazil’s epic offshore oil...

November 17, 2020

Brazil Inflation Projection for 2020 Climbs Slightly to 3.25 Percent

The financial market has raised the inflation estimate for this year. The projection for the Broad National Consumer Price Index...

November 17, 2020

Citigroup: Dollar Could Drop 20 Percent Worldwide in 2021 as Vaccines Advance

The dollar is expected to initiate a decline of up to 20 percent in 2021 should Covid-19 vaccines be widely...

November 17, 2020

Brazil Reports Further 13,000 Covid-19 Cases; Deaths Exceed 166,000 (November 16th)

Health authorities in Brazil have recorded 166,014 deaths related to Covid-19 infection since the start of the pandemic in the...

November 17, 2020

ANP: Average Ethanol Price at Pumps Climbs in 13 States, Falls in 11 States

The average prices of hydrous ethanol increased in 13 states and the Federal District in the week ended on Saturday,...

November 17, 2020

Time to Resume Business Travel? Azul Thinks so; Shares Soar by Nine Percent

Azul believes that sooner or later corporate travel will come back with vigor. The airline posted a loss of US$1.2...

November 17, 2020

Ten Brazilian Cities Will Be Led by Indigenous Mayors in 2021

RIO DE JANEIRO, BRAZIL - As of January 2021, ten Brazilian cities will be run by Mayors who declare themselves...

November 17, 2020

Argentina Meat Industry Plans Investments to Increase Exports 33% in Three Years; Serving Chinese Market

Argentine meat processing plants will invest US$187 million (R$1 billion) in a bid to increase exports from the country by...

November 17, 2020

Peru Elects Centrist Lawmaker Francisco Sagasti as Third President in One Week

Peru’s Congress on Monday elected legislator Francisco Sagasti as Peru’s interim president in an attempt to defuse a sharp political...

November 16, 2020