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, 2023Topic
Brazil
Brazil’s Lula raises existential minimum to R$600 (US$125)
President Luiz Inácio Lula da Silva has announced an increase in Brazil's existential minimum, the income threshold below which an...
June 20, 2023
Brazil falls to 60th out of 64 countries in 2023 global competitiveness rankings
In 2023, Brazil ranked 60th out of 64 countries in the IMD Global Competitiveness Ranking, falling one position from the...
June 20, 2023
Brazil’s sugarcane biomass electricity output rises by 28.7%
Brazil witnessed a 28.7% increase in electricity generated from sugarcane biomass in the first four months of this year, equivalent...
June 20, 2023
Major tourism investment and first six-star hotel set to boost economy of Brazil’s Ceará state
The northeastern region of Brazil, specifically Ceará, is set to benefit from one of the most substantial private investments in...
June 18, 2023
Decline in supporters identifying as ‘Petista’ in Brazil results in tie with ‘Bolsonaristas’
A Datafolha survey from June 12-14 shows the polarization in Brazil's political landscape following its closest presidential election. In this...
June 18, 2023
Brazil’s BNDES considers resuming financing for service exports amid other changes
The Brazilian Development Bank (BNDES) is considering resuming financing for service exports, writes Bloomberg.
June 18, 2023
JPMorgan, Itaú, and Santander anticipate an earlier cut in Selic rate
Major banks JPMorgan, Santander, and Itaú Unibanco now predict Brazil's Central Bank will make its first interest rate cut in...
June 18, 2023
Brazilian public accounts show notable shift in first four months of Lula’s administration
In the initial four months of Lula's administration, Brazil's public accounts displayed a notable shift compared to the same timeframe...
June 17, 2023