Productivity gains and increased supply drive price adjustments, with exports playing a balancing role 02/17/2025 After being one of the main drivers of inflation in 2024, beef prices in Brazil are showing signs of decline, a trend expected to continue throughout the year’s first half. Productivity gains and increased female cattle slaughter are key factors […]
Gabriel Galípolo sees country in “elevated level” from the perspective of monetary tightening 02/12/2025 Central Bank President Gabriel Galípolo said that “we are moving towards a quite elevated level from the perspective of monetary tightening.” Mr. Galípolo participated in an event on Wednesday morning organized by the Brazilian Center for International Relations (Cebri), the Institute […]
Asian countries gain ground while Argentina plummets from fourth place in 2023 to 60th in 2024 02/12/2025 Brazil ended 2024 with a trade surplus 25% lower than the previous year and a reduced contribution from its neighbors. The list of the ten countries that generated Brazil’s largest trade surpluses in 2024 no longer includes any […]
Brazil’s finance minister, Fernando Haddad, said U.S. President Trump’s tariffs are “a generic thing for everyone,” and reaffirmed Lula administration’s willingness to negotiate 02/12/2025 Brazil’s minister of institutional relations, Alexandre Padilha, stated on Tuesday (11) that Brazil “will not engage in any trade war” when commenting on the tariffs imposed by U.S. President Donald Trump […]
CEO Milton Maluhy Filho says projections could improve if macro conditions exceed expectations, while analysts view bank’s outlook as conservative 02/07/2025 After another year of record results in 2024, Itaú Unibanco, Brazil’s largest private bank, released a conservative guidance for 2025, according to market analysts. Itaú CEO Milton Maluhy Filho emphasized on Thursday (6) that […]
Fewer Brazilians are in debt or behind on payments, but more income is going toward loan repayments, according to trade association CNC 02/07/2025 The share of indebted and delinquent consumers declined in January, according to the Consumer Debt and Delinquency Survey by the National Confederation of Commerce of Goods, Services, and Tourism (CNC). However, the […]
Block trade seen as likely option over share offering 02/07/2025 Carrefour Brasil reported net income of R$221m in the third quarter of 2024, up 67.4% year over year Península, the investment vehicle of the Diniz family, is in talks with banks to sell its 7.3% stake in Carrefour Brasil but has yet to select a […]
The plan was one of the conditions for the environmental agency to proceed with the analysis of the company’s request for a license to explore oil in the Amazon River mouth 02/06/2025 Ivan Werneck Bassères, the coordinator of environmental licensing for oil and gas exploration at the environmental protection agency IBAMA, has requested that the […]
The plan was one of the conditions for the environmental agency to proceed with the analysis of the company’s request for a license to explore oil in the Amazon River mouth 02/06/2025 12:56 PM Updated uma hora Ivan Werneck Bassères, the coordinator of environmental licensing for oil and gas exploration at the environmental protection agency IBAMA, […]
Todd Martinez, co-head of sovereign ratings for Latin America, sees fiscal uncertainty for Brazil in the medium term 02/06/2025 Fitch Ratings deems it unlikely that Brazil will regain its investment-grade status during the current government. Restoring the “good payer” status entails more than just meeting the targets of the current fiscal framework, according to Todd […]