Survey shows taxpayers in Brazil won 58% of court rulings involving the new Subsidy Law in 2024 01/27/2025 Brazilian courts have shown greater support for taxpayers in disputes over the taxation of ICMS (Tax on the Circulation of Goods and Services) fiscal incentives. A survey conducted by the law firm Mattos Filho found that, between […]
Brazil ranks seventh in global study on private sector’s struggle to find skilled professionals 01/24/2025 Brazilian companies are among those most vocal globally about struggling to find skilled professionals. This sentiment is echoed by 81% of businesses, placing Brazil seventh among 42 countries and territories participating this year in the Talent Shortage survey, conducted by […]
Ministers Rui Costa (Chief of Staff), Paulo Teixeira (Agrarian Development), and Carlos Fávaro (Agriculture) met to finalize proposals to be presented to President Lula this Friday 01/24/2025 The Brazilian government’s top officials are working to address President Lula’s demand for urgent measures to curb rising food prices. However, with limited fiscal room for increased public […]
Reduced emphasis on tariff policies at the start of the new U.S. administration is providing support for Latin American currencies 01/23/2025 A softened outlook on U.S. trade tariffs under President Donald Trump contributed to a significant drop in the dollar on Brazil’s local market, with the currency falling below R$6 to close at its lowest […]
Brazil laments US withdrawal from agreement to curb climate change, but says decision ‘can be circumvented’ 23 de janeiro de 2025 The Paris Agreement, launched in 2015 to curb climate change, was ratified by almost all of the international community, except Iran, Libya and Yemen. – Pxhere Brazil, which will host in November the […]
The nation’s harvest declined 1.6% from 2023 levels, reports Conab 01/23/2025 Brazil produced 54.2 million 60-kilo bags of coffee in the 2024/25 harvest, according to data released yesterday by the National Supply Company (CONAB). This volume is 1.1% below the agency’s previous estimate and represents a 1.6% decline compared to the 2023 harvest. This was […]
UN conference in November aims to transform negotiations into concrete actions to accelerate global climate response, says Ambassador André Corrêa do Lago 01/22/2025 Ambassador André Corrêa do Lago takes the helm of the upcoming UN Climate Change Conference, COP30, set to take place in Belém this November, as the world surpasses the critical 1.5°C global […]
Concerns mount over potential U.S. trade retaliations against Brazil amid an already challenging economic outlook 01/22/2025 The return of Donald Trump to the U.S. presidency has introduced an additional layer of uncertainty to Brazil’s already challenging economic landscape, analysts warn. Over the past two years, Brazil’s “strongly expansionist” fiscal stance has pushed the economy beyond […]
Early months of Trump’s administration, high interest rates in Brazil are key for company’s strategy 01/21/2025 Gerdau has developed a conservative plan for 2025 to navigate the early months of Donald Trump’s administration and the high interest rate environment in Brazil. In an interview with Valor, CEO Gustavo Werneck said the company is prepared to […]
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 […]