Amazon’s cloud computing giant, now under new leadership since June, continues to dominate the market 11/21/2024 The global cloud computing market reached $84 billion in the third quarter, driven by companies storing and transferring vast amounts of data—a trend attracting billions of dollars in investments. These investments are not only for building data centers but […]
Study model assesses additional emission costs through sector-specific tax imposition 11/21/2024 The Financial Stability Report (FSR) for the first half of the year indicated that a simulation measuring the effects of implementing a carbon tax to address climate risk shows a “limited impact” on Brazil’s National Financial System. The FSR was released by the Central […]
In the Central West, insured soybean acreage rose by 500,000 hectares 11/22/2024 The rising frequency of extreme weather events in Brazil and the increasing difficulty of predicting adverse conditions and their impacts on agriculture have driven greater demand for rural insurance, particularly in regions that have historically avoided such protections. The insured soybean area—the primary […]
Meeting with the mining company’s leadership allowed federal government to explore Vale’s interest in other railway projects 11/20/2024 Brazil’s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Carajás (EFC) and Vitória-Minas (EFVM) railways. The two-hour meeting included Daniel […]
While G20 support is welcomed, environmental NGOs condemn mixed messaging on energy transition 11/20/2024 The G20 leaders’ final communiqué was met with cautious approval at COP29 in Baku. However, it drew criticism from environmental organizations for lacking a clear and explicit commitment to phasing out fossil fuels—a pledge agreed upon at COP28 in Dubai in 2023. While […]
U.S. president-elect may hinder discussions and stall measures, reinforcing dissenting positions like Javier Milei’s 11/20/2024 Following Brazil’s advancements during its rotating presidency of the G20, the summit of leaders from the world’s largest economies faces a period of uncertainties starting in 2025, with Donald Trump assuming office in the United States. Mr. Trump, a critic of multilateralism, signals […]
Vibra CEO shares his management insights from leading diverse companies 11/18/2024 “In a career, there is no right or wrong. I believe it’s about understanding what motivates you, what makes you happy, what gets you up every morning [and making choices based on that].” That is the advice from Ernesto Pousada, CEO of Vibra and […]
Labor-intensive sectors like industry, commerce, and construction may face layoffs or increased informality due to higher costs 11/18/2024 The proposal to eliminate the six-day workweek could significantly impact the production capacity of some economic sectors and lead to the closure of small and micro businesses, according to Bruno Imaizumi, an economist at LCA Consultores. Unlike […]
Fund has received over R$4.2bn in donations since its creation in 2008 11/18/2024 The United States and Norway announced two new contributions to the Amazon Fund on Sunday (17). The U.S. pledged $50 million, while Norway committed an additional $60 million. The U.S. announcement was made by President Joe Biden during his visit to Manaus, […]
An ANEC survey shows that Brazilian freight costs for exporting oilseeds to China exceed those of Argentina and the U.S. 11/14/2024 Brazil faces significantly higher costs to ship soybeans to China compared to competitors like the United States and Argentina. According to data from the National Association of Grain Exporters (ANEC) from March this year, […]