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Market Forecasts Brazilian Economy to Grow Above 2% for the First Time

For the first time, Brazil's economy is set to grow over 2% in 2024, indicating a positive economic shift,...

Venezuela’s Strategic Shift to Cryptocurrency for Oil Trading

Venezuela, faced with mounting international sanctions, is now turning to cryptocurrency for oil trading, according to local media. This represents...

Brazil’s Tax Revenue Hits Historic Peak

In March 2024, Brazil's federal revenue hit a record R$190.6 billion ($37.37 billion), the highest since 1995. This 7.22% real increase from the previous year...

Brazil’s Lula Criticizes Financial Market Forces in Defiant Speech

In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly challenged the financial pressures dominated...

Brazilian Football Feud: Pereira’s Legal Battle Against Textor

In Brazilian football's core, a heated dispute rages between Leila Pereira, Palmeiras' President, and John Textor, owner of Botafogo's...

Escalating Military Exercises on the Korean Peninsula

In a significant show of force and alliance, the United States and South Korea...

Brazil’s Tax Revenue Hits Historic Peak

In March 2024, Brazil's federal revenue hit a record R$190.6 billion ($37.37 billion), the highest since 1995. This 7.22% real...

Brazil’s Lula Criticizes Financial Market Forces in Defiant Speech

In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly challenged the financial pressures dominated...

Usiminas Faces Economic Challenges in Steel Market

Usiminas, a major player on Brazil's Ibovespa stock index, saw a sharp 10% drop in its shares after releasing...

Vice President’s Call for Strategic Changes in Brazil’s Natural Gas Production

Vice President Geraldo Alckmin yesterday called for strategic changes in Brazil’s natural gas production to maintain industry competitiveness. At a Getúlio Vargas Foundation event, he stressed Brazil's urgent need to update its natural gas strategies due...

Brazil’s Central Bank Chief Signals Possible Shift Amid Inflation Concerns

At a finance event in São Paulo, Roberto Campos Neto, President of Brazil's Central Bank, discussed the complexities of managing inflation on a global...

Batista’s $4.8 Billion Eldorado Venture Boosts Brazil’s Agribusiness

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul. Announced in São Paulo at the Esfera Brasil event, this development aims to...

Lula’s Government Faces Fiscal Showdown Over $13.5B Legislation

This week, President Luiz Inácio Lula da Silva engages in high-stakes discussions with Arthur Lira and Rodrigo Pacheco, leaders of Brazil's legislative chambers. The agenda features proposals that could escalate public spending by R$70 billion ($13.5...

Brazil’s Aviation Overhaul: Azul and GOL’s Merger to Command Skies

Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul and GOL Airlines. This strategic move could lead to a combined control of about 60% of domestic passenger traffic. In March 2024,...

Free Speech Rally: Bolsonaro and Musk Challenge Censorship in Rio

In Rio de Janeiro, former President Jair Bolsonaro led a major rally, seeking support amidst legal challenges. After losing the 2022 election to Luiz Inácio Lula da Silva, he aimed to reassert his influence and refute...