U.S. president-elect may hinder discussions and stall measures, reinforcing dissenting positions like Javier Milei’s 11/20/2024 Following Brazil’s advancements during its rotating presidency of the G20, the summit of leaders from the world’s largest economies faces a period of uncertainties starting in 2025, with Donald Trump assuming office in the United States. Mr. Trump, a critic of multilateralism, signals […]
Vibra CEO shares his management insights from leading diverse companies 11/18/2024 “In a career, there is no right or wrong. I believe it’s about understanding what motivates you, what makes you happy, what gets you up every morning [and making choices based on that].” That is the advice from Ernesto Pousada, CEO of Vibra and […]
Labor-intensive sectors like industry, commerce, and construction may face layoffs or increased informality due to higher costs 11/18/2024 The proposal to eliminate the six-day workweek could significantly impact the production capacity of some economic sectors and lead to the closure of small and micro businesses, according to Bruno Imaizumi, an economist at LCA Consultores. Unlike […]
Fund has received over R$4.2bn in donations since its creation in 2008 11/18/2024 The United States and Norway announced two new contributions to the Amazon Fund on Sunday (17). The U.S. pledged $50 million, while Norway committed an additional $60 million. The U.S. announcement was made by President Joe Biden during his visit to Manaus, […]
An ANEC survey shows that Brazilian freight costs for exporting oilseeds to China exceed those of Argentina and the U.S. 11/14/2024 Brazil faces significantly higher costs to ship soybeans to China compared to competitors like the United States and Argentina. According to data from the National Association of Grain Exporters (ANEC) from March this year, […]
The Institutional Security Cabinet of the Presidency ordered a security sweep and reinforced measures at the Planalto Palace 11/14/2024 A man died and a vehicle was set on fire following explosions at Brasília’s Three Powers Plaza early Wednesday evening. Authorities sealed off the area, and the Federal Police have launched an investigation. Francisco Wanderley Luiz, […]
Steel galvanizing and annealing plant capacity increased to 2.2 million from 1.6 million tonnes 11/14/2024 With an investment of R$2 billion, ArcelorMittal inaugurated the expansion of its Vega facility in São Francisco do Sul, Santa Catarina, on Wednesday (12). The new unit will produce Magnelis, a corrosion-resistant material developed by the company, marking the first […]
The second day of the Web Summit in Lisbon featured a debate on the role of artificial intelligence in society 11/13/2024 The opportunities, challenges, and especially the risks of artificial intelligence (AI) dominated discussions on the second day of the Web Summit in Lisbon, one of the world’s largest technology conferences. Beyond the giants responsible […]
Institute links sharper inflationary impact on lowest income brackets to steeper increases in food prices, electricity 11/13/2024 October inflation rose for nearly all income levels in Brazil, with lower-income households seeing the highest increases, according to the Applied Economic Research Institute (IPEA). Only households with incomes above R$21,059.92 saw a slight deceleration. For very low-income […]
Government unlikely to push or expend political capital on approval 11/13/2024 Congressman Hugo Motta, the frontrunner to lead Brazil’s Lower House starting February, expressed concern on Tuesday regarding the constitutional amendment proposal (PEC) that seeks to end the six-day workweek followed by one day off (6×1). He emphasized the need to include business leaders in […]