Entries by Gelcy Bueno
Central Bank drops blockchain for next phase of Drex
Brazil’s digital currency to debut by 2026 in reduced form without tokenization, surprising some in the market and raising questions 08/08/2025 In its next phase, Brazil’s Central Bank (BC) will drop plans to develop a complex distributed ledger technology (DLT) system for digital assets in the financial sector. Instead, the Drex […]
Exports to Argentina help Brazil sustain car manufacturing pace
Vehicle exports to Argentina rose 156.5% in one year; industry revises forecast 08/08/2025 Brazilian automakers are bracing for a slowdown in domestic market growth. Thanks to rising exports to Argentina, however, they will be able to keep production levels steady. Driven by stronger demand from its southern neighbor, the share of […]
Brazil weighs company-by-company relief plan to counter U.S. tariffs
Government analyzes export data to fine-tune measures while exploring talks on big tech regulation, critical minerals, and data center policy 08/08/2025 With a contingency plan already on President Lula’s desk, Brazil’s economic team is now assessing the situation of each exporter individually to fine-tune measures aimed at offsetting the impact of the […]
Antitrust watchdog to assess whether CSN should be fined over stake in Usiminas
Divestment agreement was signed in 2014 to address antitrust concerns on CSN’s acquisition of non-controlling shares in Usiminas 08/07/2025 On Wednesday (6), the Administrative Council for Economic Defense (CADE) Tribunal reviewed an appeal filed by Usiminas questioning whether Companhia Siderúrgica Nacional (CSN) had complied with the antitrust watchdog’s order to divest the […]
Proposals on critical minerals under review by ministries, diplomacy
Mines and Energy Ministry said critical minerals to remain part of economic, technological cooperation agendas 08/07/2025 Amid the federal government’s efforts to negotiate with the United States a reduction in import tariffs on Brazilian products, the Ministry of Mines and Energy (MME) said that proposals involving Brazil’s critical minerals are under […]
Brazil challenges U.S. tariffs at WTO, seeks negotiated solution
Government accuses Washington of violating core multilateral trade rules with 50% duties on Brazilian exports 08/07/2025 The administration of President Luiz Inácio Lula da Silva formally requested consultations with the U.S. at the World Trade Organization (WTO) on Wednesday (6), initiating a dispute over the sweeping tariff hikes imposed by President Donald […]
With U.S. tariffs rising, French chamber urges to back EU-Mercosur deal
French-Brazilian chamber says delay risks lost opportunities as global alliances shift 08/05/2025 The U.S. decision to impose broad tariffs on global imports underscores the urgency for Brazil to strengthen its trade relations—starting with ratifying the long-pending European Union–Mercosur agreement, said Thierry Besse, president of the France-Brazil Chamber of Commerce in São Paulo […]
Líder to represent flying car rival to Embraer’s Eve in Brazil
Executive aviation firm signs deal to acquire up to 53 aircraft from U.S. startup in a $240m agreement 08/05/2025 Líder Aviação, one of Latin America’s largest executive aviation firms, has signed a strategic partnership with U.S.-based startup Beta Technologies to represent and operate its electric aircraft in Brazil, including both eVTOLs (electric […]
U.S. tariff hike hits 10,800 mid-sized exporters in Brazil
Textile and furniture companies without scale face growing risks of layoffs, revenue losses 08/05/2025 Of the 74,000 mid-sized companies currently operating in Brazil, around 10,800 (14.6%) export goods and are now exposed to the market upheaval triggered by the U.S. tariff hike, according to estimates from Fundação Dom Cabral (FDC). Roughly 80% […]