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Entries by Gelcy Bueno

Brazilian Central Bank’s guidance on future moves splits market

Economists’ predictions for the Selic rate at the end of the current monetary tightening range from 14.25% to 16.25%; the median forecast points to 15% in Q1 03/17/2025 With the Central Bank’s Monetary Policy Committee (COPOM) widely expected to raise the benchmark Selic rate by 100 basis points, the market’s focus is now on any […]

China-U.S. trade dispute drives up soybean premiums at Brazilian ports

Export price premium reaches 75 cents per bushel at Santos port 03/17/2025 Ongoing trade tensions between the United States and China have increased Chinese demand for Brazilian soybeans, driving up export premiums at the country’s ports. Analysts believe this trend is likely to continue in the coming months. Currently, soybean premiums at the Port of […]

Labor productivity stagnates in Brazil, raising inflation concerns

Productivity per effective hour worked fell 0.5% in Q4 and edged up just 0.1% last year 03/17/2025 Although Brazil’s overall economy grew at a similar pace in 2023 and 2024, labor productivity followed a different trend in the two years. In 2024, productivity per effectively worked hour increased by just 0.1%, compared to a 2.3% […]

Saudi poultry giant Al Watania draws acquisition bids, including from JBS

Brazil’s JBS and Saudi competitors express interest, but deal remains uncertain 03/11/2025 The Middle East is becoming an increasingly strategic market for the global meat industry. This time, Saudi Arabia’s Al Watania, the region’s largest poultry producer, has attracted takeover bids from interested buyers, including Brazilian food giant JBS, according to sources. The information was […]

Brazil considers lowering price ceiling on medicines

Proposal sparks debate amid inflation concerns, raising risks for small pharmacies 03/11/2025 The Brazilian federal government is set to discuss a proposal in the coming weeks to lower the maximum price of medicines, currently regulated by the Drug Market Regulation Chamber (CMED) under ANVISA, the country’s health surveillance agency. The move aims to narrow the […]

Brazil, U.S. reignite critical mineral exploration efforts

Research to focus on rare earths, lithium, cassiterite, and tin in three mining regions 03/11/2025 Brazil and the United States are set to resume joint research to identify areas rich in critical minerals within Brazilian territory. Signed last year, the agreement initially planned studies in four states: Minas Gerais, Goiás, and a region spanning Rio […]

Taxation on foreign profits could cost taxpayers R$142bn

The issue is on the Supreme Court’s agenda; score so far is in favor of the National Treasury 03/07/2025 The ongoing debate at Brazil’s Federal Supreme Court (STF) regarding the taxation of profits from foreign subsidiary and affiliate companies could potentially result in a R$142.5 billion impact on Brazil’s federal government if the ruling goes […]

Itaipu decree expected to raise power bills for low-income consumers

Change to help manage exchange-rate fluctuations reduces bonus that would go toward offsetting electricity increases for residential and rural consumers 03/07/2025 Decree 12,390/2025, published in the Diário Oficial da União (DOU) on February 5, may impose additional costs on low-income consumers, experts told Valor. They discussed the government’s decision to redirect part of the so-called […]

Government cuts import tariffs on food items to fight inflation

Executive package eliminates tariffs on products such as meat and sugar, includes regulatory measures and incentives to boost staple food production in the next Plano Safra 03/07/2025 Amid mounting pressure and declining approval ratings, President Lula’s administration announced on Thursday (6) a package of measures aimed at reducing food prices in Brazil. Import tariffs on […]