Agriculture Minister Tereza Cristina said on Monday that Canada has authorized the start of imports of beef and pork produced in Brazil. She is in the country to meet Canadian executives to try and expand the potash supply to Brazil. “The opening means that we exceed the 200 markets set by me as a goal […]
The Brazilian government has committed to increase oil exports amid a U.S.-led effort to mitigate the impacts on global supply in the face of U.S. sanctions on Russian production and to contain the appreciation of the barrel on the international market. Yet, despite its growing share in global exports in recent years, Brazil has a […]
The foreign investors have already brought almost R$80 billion to the Brazilian stock market this year, including purchases on the spot market, futures and stock offerings. In less than three months, Brazilian stock exchange B3 has already attracted 57% of the volume that came in last year. In the face of the Russia-Ukraine conflict, Brazil […]
A scenario that was already difficult for the disinflation process took on even more complex contours, which is ex require a higher interest rate. The significant worsening of the balance of risks for inflation, in the wake of the war in Ukraine, knocks on the door of the Monetary Policy Committee (Copom) of the Central […]
The National Fertilizer Plan will not receive direct financial contributions from the federal government. Instead, investments in new factories for the expansion of fertilizer production will come essentially from the private sector, although companies are likely to take advantage of fiscal and tax breaks – if these facilities actually get off the drawing board. The […]
Besides putting pressure on fuel prices, high oil prices are likely to contribute this year to a greater-than-expected growth in revenues from royalties and special participations — an additional amount levied on specific fields — collected by the federal government, states and municipalities. The total value of government participation may increase to R$111.5 billion this […]
Leader in sales volume of over-the-counter drugs expanded more than 20% in 2021 11/03/2022 Jose Roberto Lettiere — Foto: Silvia Zamboni/Valor Cimed, Brazil’s leader in OTC drugs in sales volume, grew twice as much as the country’s market for drugs last year and intends to repeat this performance in 2022. “There are still many open […]
Tereza Cristina will say in Ottawa that guaranteeing supply to Brazil is strategic for planet’s food security 11/03/2022 Tereza Cristina — Foto: Denio Simoes/Valor Agriculture minister Tereza Cristina embarks on Friday for a new round of negotiations with fertilizer exporters. This time, the destination is Canada, the main supplier of potassium chloride to Brazilian producers. […]
Portfolios have suffered losses as the real appreciated and benchmark indexes declined o 11/03/2022 Giuliano De Marchi — Foto: Silvia Zamboni/Valor Brazilians embraced international diversification and allocated part of their assets to strategies unrelated with the country in recent years. Now they face a trial by fire. With the appreciation of the real and benchmark […]
In reaction to fuel hike, senators also approved change in Petrobras pricing policy 11/03/2022 Rodrigo Pacheco — Foto: Claudio Belli/Valor The Brazilian Senate Thursday passed by 56 votes to 8 the final text of the draft supplementary bill 11, 2020, which changes the sales tax ICMS receipts in the states. The Senate, therefore, concluded the […]