Reduced emphasis on tariff policies at the start of the new U.S. administration is providing support for Latin American currencies 01/23/2025 A softened outlook on U.S. trade tariffs under President Donald Trump contributed to a significant drop in the dollar on Brazil’s local market, with the currency falling below R$6 to close at its lowest […]
Brazil laments US withdrawal from agreement to curb climate change, but says decision ‘can be circumvented’ 23 de janeiro de 2025 The Paris Agreement, launched in 2015 to curb climate change, was ratified by almost all of the international community, except Iran, Libya and Yemen. – Pxhere Brazil, which will host in November the […]
The nation’s harvest declined 1.6% from 2023 levels, reports Conab 01/23/2025 Brazil produced 54.2 million 60-kilo bags of coffee in the 2024/25 harvest, according to data released yesterday by the National Supply Company (CONAB). This volume is 1.1% below the agency’s previous estimate and represents a 1.6% decline compared to the 2023 harvest. This was […]
UN conference in November aims to transform negotiations into concrete actions to accelerate global climate response, says Ambassador André Corrêa do Lago 01/22/2025 Ambassador André Corrêa do Lago takes the helm of the upcoming UN Climate Change Conference, COP30, set to take place in Belém this November, as the world surpasses the critical 1.5°C global […]
Concerns mount over potential U.S. trade retaliations against Brazil amid an already challenging economic outlook 01/22/2025 The return of Donald Trump to the U.S. presidency has introduced an additional layer of uncertainty to Brazil’s already challenging economic landscape, analysts warn. Over the past two years, Brazil’s “strongly expansionist” fiscal stance has pushed the economy beyond […]
Early months of Trump’s administration, high interest rates in Brazil are key for company’s strategy 01/21/2025 Gerdau has developed a conservative plan for 2025 to navigate the early months of Donald Trump’s administration and the high interest rate environment in Brazil. In an interview with Valor, CEO Gustavo Werneck said the company is prepared to […]
Outlook indicates reservoir recovery and reduced reliance on thermoelectric plants following worst drought in 80 years 01/21/2025 The heavy rains that have swept across much of Brazil since December have significantly improved hydropower reservoir levels after 2024 saw the worst drought in over 80 years. With projections suggesting further reservoir recovery, experts foresee reduced reliance […]
U.S. President’s speech reaffirms campaign promises to focus on fossil fuels, countering global decarbonization trends 01/21/2025 In his inaugural address on Monday (20), U.S. President Donald Trump reaffirmed his administration’s intent to prioritize hydrocarbon production over renewable energy sources. Mr. Trump announced plans to declare a national energy emergency, signaling a shift away from transitioning […]
Regional Unimed units to aid Brazil’s largest healthcare operator contributing 10% of technical reserves to avoid intervention 01/20/2025 Unimed Nacional, a healthcare plan operator with 2 million clients nationwide, has reached an agreement to receive a R$1 billion capital injection from 300 regional cooperatives in Brazil. This move aims to balance its accounts and stave […]
Fangda commits to purchasing at least 20% of niobium output from the Araxá Project in Minas Gerais, with upfront payment to St George 01/20/2025 Australian mining company St George and China’s Liaoning Fangda Group, one of the world’s largest steel producers and heavy mining equipment manufacturers, signed a memorandum of understanding to collaborate on the […]