Governors increase current expenditures by 8.7% in their first two years in office, while revenues grow just 2.1% 01/29/2025 Despite efforts to balance budgets throughout 2024, state governors are expected to end the first half of their terms with expenditures rising faster than revenues. From January to October 2024, total current revenues for the 26 […]
Company to acquire 979 railcars and 23 locomotives to move grains and sugar 01/27/2025 Cofco International, the Chinese agribusiness giant and one of the world’s largest agricultural trading companies, will invest R$1.2 billion in the acquisition of 979 railcars and 23 locomotives to enhance its logistics operations in Brazil. The new fleet will transport grains […]
Impact of minimum wage also appears in the broad increase of prices linked to freelancers 01/27/2025 While the government grapples with how to control food prices, economists are increasingly concerned about the rising inflation in services and other “qualitative” measures. These indicators show trends over which the Central Bank’s monetary policy may have more influence. […]
U.S. President opposes key government priorities like social media regulation and taxing the ultra-wealthy 01/27/2025 Donald Trump’s first week back in the White House has already signaled challenges ahead for the Planalto Palace in advancing several priorities of President Lula’s foreign policy agenda. Key initiatives such as the Global Alliance Against Hunger, a proposal to […]
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 […]