Brazil’s president opens door to Petrobras exploration near Amazon despite environmental concerns
Brazil's President, Luiz Inácio Lula da Silva, said at a press conference that the state-run oil company Petrobras might still...
August 3, 2023Topic
Brazil
Fitch upgrades credit ratings of 12 Brazilian banks
Fitch Ratings has increased the credit ratings of 12 financial institutions in Brazil, including both public and private banks.
August 3, 2023
Brazil’s Selic cut to 13.25%: Corporate interest rates remain at 20% despite central bank move
The Central Bank has cut the Selic, Brazil's key interest rate, to 13.25% annually after almost a year without changes....
August 3, 2023
Roberto Campos Neto calls for extended autonomy of Brazil’s central bank
In a formal session at Brazil's Chamber of Deputies on Wednesday, the President of the Central Bank (BC), Roberto Campos...
August 2, 2023
Brazil posts record agricultural exports for 5th consecutive month
Brazil's agricultural sector has continuously increased, marking the fifth consecutive month of record export revenue in July 2023.
August 2, 2023
Brazil to build two more conventional submarines and new 500-ton patrol vessels
The Brazilian Navy's Submarine Development Program (Prosub) is advancing into its third phase, strategically focused on building two more conventional...
August 2, 2023
Yanomami praise government attention and seek improved health and territorial protections in Brazil
The Yanomami and Ye’kwana indigenous communities in Brazil have praised the attention they've received from President Luiz Inácio Lula da...
August 2, 2023
Brazil’s trade surplus up 68.7% year-on-year in July
Brazil's trade balance in July reported a surplus of US$9.035 billion, marking a 68.7% increase from July 2022, as announced...
August 1, 2023
Brazil and Saudi Arabia establish billion-dollar partnership to boost Brazil’s agricultural industry
Last Saturday, led by Agriculture Minister Carlos Fávaro, a delegation from Brazil's Ministry of Agriculture and Livestock arrived in Saudi...
August 1, 2023