Long dollar positions against the Brazilian currency in the derivatives market drop to $58.3 billion from $77.6 billion 01/29/2025 Foreign investors have reduced their bets on a stronger dollar against the Brazilian real by $19.3 billion in the derivatives market since the peak of these positions, reached in the first days of the Central Bank’s […]
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 […]