No menu items!

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,...

Bolivia’s Booming Cocoa Exports

In 2023, Bolivian cocoa and its derivatives hit a new export high of $2.9 million, weighing in at 621...

Brazil and South Africa Forge Stronger Ties

Brazil is ramping up its diplomatic efforts in Africa, a key region in President Luiz Inácio Lula da Silva’s global strategy. In Brasilia, Brazilian Foreign...

Brazil’s Largest Port Sees 15.9% Increase in Cargo Movement in Early 2024

In early 2024, the bustling Port of Santos in southeast Brazil, not only the largest in Latin America but...

Atlético-MG Clinches Narrow Victory Over Peñarol in Copa Libertadores

On Tuesday evening at the Arena MRV, Atlético-MG captured a 3-2 victory over Peñarol in the Copa Libertadores. Gustavo Scarpa...

Escalating Military Exercises on the Korean Peninsula

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

Brazil and South Africa Forge Stronger Ties

Brazil is ramping up its diplomatic efforts in Africa, a key region in President Luiz Inácio Lula da Silva’s...

Brazil’s Largest Port Sees 15.9% Increase in Cargo Movement in Early 2024

In early 2024, the bustling Port of Santos in southeast Brazil, not only the largest in Latin America but...

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...

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 first-quarter results for 2024. Located in Belo Horizonte, Brazil, the group is a pivotal steel producer in...

Sâo Paulo Governor Tarcísio de Freitas Warns of Brazil’s Looming Fiscal Crisis

Governor Tarcísio de Freitas of São Paulo recently shed light on a pressing concern at the Esfera Brasil event: Brazil's escalating fiscal risk, which...

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 scale. He spoke at Legend Capital's Legend Day, highlighting the bank's efforts...

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...