US dollar plunges to 4.88 reais, its lowest value in over a year
On Friday (June 9), the commercial dollar dipped to a low of R$ 4.86 but concluded the day at R$...
June 10, 2023Topic
economic news Brazil
Brazil alarmed by rising global trade protectionism, Foreign Minister declares
Foreign Affairs Minister, Mauro Vieira, expressed Brazil's apprehensions about the increasing trend of protectionist measures in international trade during a...
June 9, 2023
High interest rates in Brazil impede access to credit for 71% of businesses, reveals survey
A study by Brazil's National Confederation of Industry (CNI) indicates that high-interest rates pose a major obstacle for 71% of...
June 9, 2023
Brazil sees 27.6% decline in new business start-ups in April
In April, Brazil's net total of new businesses was 136.1 thousand, derived from the opening of 296.5 thousand companies and...
June 9, 2023
Itaú holds the crown as Brazil’s most valuable brand
Itaú Unibanco retains its reigning title as the most valuable brand in Brazil, boasting a value of US$8.7 billion (roughly...
June 8, 2023
Under Bolsonaro, investment in Brazilian cities with more than 50,000 inhabitants grows 94%
Investment in Brazil's urban centers housing more than 50,000 residents surged by 94% in 2022 relative to 2018, according to...
June 8, 2023
China drives growth in Brazilian poultry and pork exports in May
Increased exports to China drove growth in Brazilian chicken and pork shipments in May, the Brazilian Animal Protein Association (ABPA)...
June 8, 2023
Brazilian companies make less profit and reduce investments
The financial situation of companies is hindering investments, which had a 3.4% drop in the first quarter compared to the...
June 7, 2023
World Bank raises GDP forecast for Brazil to 1.2% in 2023
The World Bank has raised its forecast for Brazil's GDP (Gross Domestic Product) growth from 0.8% to 1.2% in 2023....
June 7, 2023