Lower import taxes and proximity to Itaipu attract investors to Paraguay, executive says 04/17/2024 Marcio Aguiar — Foto: Leo Pinheiro/Valor Brazil is losing investment from European groups to its neighbor Paraguay in the expansion of data centers to support the advance of artificial intelligence (AI) using renewable sources. The alert was made by Marcio Aguiar, […]
Exchange rate reached highest level in more than a year after federal government presented new fiscal targets 04/17/2024 Fernando Haddad — Foto: Diogo Zacarias/MF Finance Minister Fernando Haddad said on Tuesday in Washington that news from abroad explain “two-thirds” of what is happening domestically. The rise in the exchange rate in the last two days […]
Norwegian company says projects submitted to environmental agency total 190 GW 04/16/2024 Celebrating its 50th year in Brazil, Norwegian consultancy DNV views the country as a strategic market in the medium and long term. While its main focus remains on oil and gas, the company recognizes the potential of future offshore wind energy generation, still […]
Roberto Campos Neto said monetary authority’s work becomes more challenging if fiscal policy lacks credibility 16/04/2024 Roberto Campos Neto — Foto: Rovena Rosa/Agência Brasil The work of the Central Bank becomes more difficult if there is a perception that there is no fiscal anchor, said Roberto Campos Neto, the president of the Brazilian Central Bank, […]
Criticized by Israel for a statement on the Iran attack, Brazil’s foreign minister is heading to the United Nations to emphasize that the conflict should not distract from the humanitarian crisis 16/04/2024 Mauro Vieira — Foto: José Cruz/Agência Brasil Brazilian Foreign Minister Mauro Vieira is expected to speak on Thursday (18) at the open discussion […]
Beto Veríssimo says public policies need to go beyond combating deforestation and land grabbing 04/15/2024 Beto Veríssimo — Foto: Divulgação Brazil urgently needs to implement a structured socio-economic development plan for the Amazon that encourages the preservation of the forest while also enhancing the productivity of economic activities that already take place in the region, […]
Company aims to expand its program area to 600,000 hectares and engage customers in Brazil 04/15/2024 Rossano de Angelis — Foto: Divulgação Bunge is set to enhance its regenerative agriculture program in Brazil, introduced a year ago. With a $20 million investment, the Missouri-based conglomerate intends to more than double the current area under the […]
In theory, Brazil could be hit in two ways: if there is an increase in oil prices and a higher risk aversion in international markets 04/15/2024 Central Bank’s building in Brasília: Few believe that Brazil’s monetary authority will rush to revise its baseline scenario for interest rate cuts — Foto: Beto Nociti/BCB The uncertainties in […]
Operators reported operating loss of R$18bn between 2021 and September 2023 04/15/2024 Paulo Rebello — Foto: Silvia Zamboni/Valor Medical insurance plans are deteriorating, with a smaller network, higher co-payment charges, a drop in reimbursement, and record increases. The number of complaints to Brazil’s National Supplementary Health Agency (ANS) has more than doubled in the last […]
Mills seek certification to qualify as suppliers of raw materials for sustainable aviation fuels 04/12/2024 Ricardo Carvalho — Foto: Divulgação/Daniela Toviansky Brazil is expected to start exporting ethanol to the sustainable aviation fuel (SAF) industry this year. The volumes will still be small because, for now, there is only one SAF plant in the world […]