Plan includes temporary cap on ministry budgets while awaiting congressional budget approval 01/08/2025 The Brazilian government is considering issuing a decree to impose stricter rules on public spending at the beginning of the year, as it awaits Congress’s approval of the Annual Budget Act (PLOA). The proposed decree would limit ministries to spending no more […]
Amount has not been disclosed; deal pending approval by antitrust regulator 01/07/2025 Ambev has decided to sell its juice brand Do Bem, acquired in 2016, to the Brazilian company Tial. According to Ambev, the agreement has been signed and is pending approval from the antitrust watchdog CADE. The amount involved in the deal has not […]
Despite a 24.6% drop, 2024 posts second-best performance; exchange rate and U.S.-China tensions add to doubts 01/07/2025 Brazil’s trade surplus for 2024 reached $74.55 billion, a 24.6% drop from the record-breaking $98.9 billion in 2023. Despite the decline, 2024 still secured the second-highest trade surplus since official records began, in 1997, according to the Ministry […]