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Entries by Gelcy Bueno

Tariff war sends shipping rates soaring in Brazil

Import costs from Asia nearly quadrupled in two weeks as U.S.-China truce begins         05/30/2025 The tariff war between the United States and Chia has triggered a sharp spike in maritime freight costs in Brazil over the past two weeks, following the announcement of a 90-day truce between the two countries. According […]

High interest rates make investment unviable, Ometto says

Cosan’s owner says restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt 05/30/2025  Rubens Ometto Silveira Mello, founder of the Cosan group, said the restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt, and results should become visible in the coming months. The […]

Lower House speaker offers fiscal plan to avoid IOF tax hike

Ten-day deadline set as Congress leans toward overturning financial tax presidential decree       05/30/2025  Amid threats from Congress to overturn the presidential decree raising the Financial Transactions Tax (IOF), Lower House Speaker Hugo Motta (Republicans Party) gave the federal government a ten-day deadline on Thursday (29) to present an alternative proposal. Mr. Motta […]

Stronger ethanol market drives Evolua back to profitability

Joint venture of Copersucar and Vibra boosts earnings on better price curve, 18% rise in demand, and plans to expand supply base       05/28/2025 Driven by strong demand for hydrous ethanol—the type that competes directly with gasoline—and a more predictable price curve throughout the 2024/25 harvest, Evolua Etanol closed the season in the […]

Azul restructuring puts Gol merger talks on back burner

Sources say airline is now focused on pushing forward reorganization as quickly as possible       05/28/2025  The discussions between Azul and Gol shareholders regarding a potential merger have been put on hold following Azul’s announcement on Wednesday (28) that if filed for Chapter 11 bankruptcy reorganization in the United States, according to sources […]

Justice minister warns of policing challenges in Bioceanic Route

Mercosur ministers to discuss regional security implications of proposed transcontinental link next week in Argentina       05/23/2025 Brazilian Justice Minister Ricardo Lewandowski warned on Thursday (22) that the Bioceanic Route, a flagship South American integration project, will present significant challenges for local police forces. The potential impacts will be discussed at a meeting […]

Heeding banks, CMN cuts LCI and LCA minimum terms to six months

Regulatory change takes effect immediately with resolution’s publication; banks had warned of potential funding shortages         05/23/2025 Responding to pressure from financial institutions, Brazil’s National Monetary Council (CMN) has shortened the minimum maturity term for agribusiness credit bills (LCAs) and real estate credit bills (LCIs) from nine to six months. The measure, […]

Economists back budget cut, warn credit may suffer under new tax hike

While the R$31.4 billion budget freeze boosts fiscal credibility, experts say the higher financial transaction tax could deter credit and long-term savings       05/23/2025 Most economists welcomed the government’s decision to freeze R$31.4 billion in expenditures. Still, they expressed concern that the increase in the IOF—Brazil’s Tax on Financial Transactions—could have negative effects […]

Brazil bans online health and teaching degrees

New rules require more in-person classes across higher education formats 05/20/2025 After four delays, President Lula signed on Monday (19) the decree establishing the new regulatory framework for distance learning (EAD) in higher education. The changes will also affect hybrid and in-person learning, reshaping the entire sector. Institutions will have two years to comply. The […]