Outlook indicates reservoir recovery and reduced reliance on thermoelectric plants following worst drought in 80 years 01/21/2025 The heavy rains that have swept across much of Brazil since December have significantly improved hydropower reservoir levels after 2024 saw the worst drought in over 80 years. With projections suggesting further reservoir recovery, experts foresee reduced reliance […]
U.S. President’s speech reaffirms campaign promises to focus on fossil fuels, countering global decarbonization trends 01/21/2025 In his inaugural address on Monday (20), U.S. President Donald Trump reaffirmed his administration’s intent to prioritize hydrocarbon production over renewable energy sources. Mr. Trump announced plans to declare a national energy emergency, signaling a shift away from transitioning […]
Regional Unimed units to aid Brazil’s largest healthcare operator contributing 10% of technical reserves to avoid intervention 01/20/2025 Unimed Nacional, a healthcare plan operator with 2 million clients nationwide, has reached an agreement to receive a R$1 billion capital injection from 300 regional cooperatives in Brazil. This move aims to balance its accounts and stave […]
Fangda commits to purchasing at least 20% of niobium output from the Araxá Project in Minas Gerais, with upfront payment to St George 01/20/2025 Australian mining company St George and China’s Liaoning Fangda Group, one of the world’s largest steel producers and heavy mining equipment manufacturers, signed a memorandum of understanding to collaborate on the […]
Industry anticipates intensified U.S.-China trade tensions, but implications for Brazil remain unclear 01/20/2025 Four years after concluding his first term as president of the United States, Donald Trump has returned to office. Since his victory in November last year, Brazil’s agribusiness representatives have been evaluating the potential consequences of a renewed trade war between the […]
After wave of fake news, Lula administration withdraws regulation targeting transactions above R$5,000 01/17/2025 Facing a surge of misinformation about taxes on the popular Central Bank’s instant-payment system, known as Pix, the Lula administration revoked on Wednesday (15) a regulation from the Federal Revenue that had caused political embarrassment. The rule sought to increase oversight […]
Governors of Rio, Minas Gerais, and Rio Grande do Sul threaten to reject the program 01/17/2025 A day after President Lula signed into law the State Debt Payment Program (PROPAG) with key vetoes, tensions between the federal government and state administrations escalated on Wednesday (15). While the National Treasury defended the program, opposition governors sharply […]
In some areas, weather conditions may impact crop yields 01/15/2025 Prolonged dry spells in key soybean producing regions of southern Brazil are raising concerns among farmers about the performance of the 2024/25 harvest. While crops in Paraná are in their developmental stages, planting in Rio Grande do Sul is nearing completion amid rising temperatures that […]
State production contraction in November is the sharpest since june 2023, reports IBGE 01/15/2025 Industrial production in São Paulo declined by 4.7% in November compared to October, marking the most significant monthly drop since June 2023 (-5.4%). This downturn follows an accumulated gain of 3.4% over two consecutive months of growth, according to data from […]
Record debt issuance offsets a sluggish year for equity offerings and subdued M&A activity in 2024 01/15/2025 The robust growth in Brazil’s fixed-income market, particularly domestic debt issuances, provided much-needed relief to investment banks operating in the country. The segment accounted for nearly half of their total fees in 2024, marking a record year for […]