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Entries by Gelcy Bueno

Spending watchdog questions guarantee for loan to Brazil’s postal service company

Auditors see possible flaws in risk analysis behind R$12 billion financing     05/18/2026 The technical staff of Brazil’s public spending watchdog (TCU) believes there may have been irregularities in the Treasury’s decision to guarantee a loan to the state-run postal company Correios and wants to determine the government’s responsibility for the operation that provided financial […]

Brazilian airlines cut flights as jet fuel prices double

Costs surge after Middle East war, forcing carriers to trim 93 daily flights in May so far and focus on more profitable routes     05/18/2026  The surge in oil prices triggered by the war in the Middle East has led airlines in Brazil to draw up a survival plan for the coming months. Jet […]

Brazilian beef dominates China’s food service sector

Study says Brazil could expand further through hotpot chains and digital retailers   05/18/2026 The main segment currently served by Brazilian beef exports in China is the food service industry. Brazilian product is already estimated to account for more than 60% of the beef used in casual dining restaurants, fast-food chains, and hotpot restaurants, according […]

Chinese EV imports gain ground in Brazil as local automakers lag

Rising demand for hybrid, electric vehicles boosts imported car sales, pressures domestic auto industry       05/11/2026  As Brazilian consumers show growing interest in hybrid and electric cars, most automakers producing locally are losing market share. All of them aim to enter the electrification era and reclaim their leading role in the industry. For now, […]

COPOM rate cut clouds view of ‘reaction function’

Analysts say Central Bank is buying time after oil shock, but strategy may prove costly if inflation expectations keep drifting higher     05/11/2026  The Central Bank’s Monetary Policy Committee (COPOM) delivered an unusual decision in late April, cutting the Selic base rate by 25 basis points even as its inflation forecasts deteriorated for the […]

Brazil’s public spending watchdog to review debt forecasts

Government’s budget proposal projects delayed stabilization of debt burden     05/11/2026  Debt projections presented by Brazil’s federal government in its annual budget guidelines proposal will be scrutinized by the country’s public spending watchdog, according to people familiar with the matter. The assessment inside Brazil’s Federal Court of Accounts, known as the TCU, is that […]

Bracell secures R$1.5bn from BTG for forest planting

Funds will support eucalyptus cultivation on degraded land in Mato Grosso do Sul, where company plans new mill         05/08/2026 Bracell, the pulp producer owned by Asian conglomerate Royal Golden Eagle (RGE), has secured a R$1.5 billion credit line from BTG Pactual to finance eucalyptus planting on degraded land in Mato Grosso […]

Brasil promulga acordo para facilitar comércio no Mercosul

Acordo foi firmado entre Brasil, Argentina, Paraguai e Uruguai 08/05/2026 O governo brasileiro promulgou nesta sexta-feira (8) medidas para agilizar e simplificar negociações no âmbito do Mercosul. O decreto que prevê o Acordo sobre Facilitação do Comércio do Mercosul, firmado em dezembro de 2019 por Brasil, Argentina, Paraguai e Uruguai, está publicado no Diário Oficial da União. A […]

Chinese investment in Brazil jumps 45% to $6.1bn in 2025

Mining becomes new frontier for Chinese capital, while electricity remains top sector, Brazil-China Business Council survey shows       05/07/2026  With a strong bet on mining and gains in manufacturing, Chinese investments in Brazil are becoming more diversified and grew 45% last year from 2024, to $6.1 billion, the highest amount since 2017. The […]

Brazil plans new debt renegotiation program for informal workers

Measure aimed at borrowers current on payments but facing high interest rates could be announced by early June     05/07/2026 Finance Minister Dario Durigan said on Wednesday (6) that the Lula administration is studying a new debt renegotiation program aimed at borrowers who are current on their payments but face high borrowing costs, such […]