Who Runs Brazil’s Economy in 2026? Key Players
The Brazil economy is steered by the state, a few private banks, and powerful families. Petrobras, Vale, JBS and Itaú...
October 4, 2026Topic
state owned companies
Petrobras has the highest profit among major oil companies while Brazil’s population is impoverished
Brazil's state-owned company Petrobras, one of the largest oil companies in Latin America, posted a profit of US$8.6 billion
May 9, 2022
Bolivia posted Latin America’s lowest inflation rate in 2021
The government used figures to support the economic advances that place Bolivia third in economic growth in the region, the...
January 25, 2022
Brazil’s Eletrobras should invest US$2.8 billion a year after it is privatized – minister
The Brazilian power utility giant Eletrobras, the largest electric company in Latin America, will invest up to R$14 (US$2.8) billion...
July 8, 2021
Petrobras should receive US$2.2 billion from sale of remaining 37.5% of former subsidiary
Brazilian oil company Petrobras will receive about R$11.356 billion (US$2.271 billion) for 37.5% of its remaining shares in BR Distribuidora,...
June 30, 2021