News

RIO DE JANEIRO, BRAZIL - Recently chosen as the PSDB candidate for the presidency in 2022, Joao Doria disembarks on Wednesday (1/12) in the United States with an entourage of more than 20 business people to inaugurate the Sao Paulo state government's office in New York. The event, which had been planned since the beginning […]

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RIO DE JANEIRO, BRAZIL - Brazil, like Argentina, has decreed a reduction in the share of biofuels in fossil fuels. The announcement was supposed to be for a short time, but this week the National Council for Energy Policy confirmed that the decision will be upheld until 2022. This measure implies that the minimum share […]

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RIO DE JANEIRO, BRAZIL - An investment plan for US$8.9 billion for the period 2022-2024 was detailed by Enel Americas, the subsidiary of the Italian company of the same name, which groups assets in most of the countries of the region, excluding Chile. As explained by Maurizio Bezzeccheri, CEO of the company, to Diario Finenciero, […]

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RIO DE JANEIRO, BRAZIL - The Second Chamber of Brazil's Federal Supreme Court (STF) declared inadmissible a series of financial reports used against Senator Flavio Bolsonaro, President Jair Bolsonaro's eldest son, in a corruption investigation that has already suffered several setbacks in lower courts. By three votes to one, the magistrates declared that four of […]

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RIO DE JANEIRO, BRAZIL - The Sao Paulo State Department of Health confirmed on Tuesday (30) the first two imported cases. The two cases of Omicron (B.1.1.529) are 41-year-old men and 37-year-old women from South Africa. "The couple was vaccinated since August, the family that received the couple was also vaccinated, this is an important […]

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RIO DE JANEIRO, BRAZIL - The OECD projects for Brazil a growth of 5% in its economic activity this year and 1.4% in 2022, but recommends its authorities to undertake fiscal reforms to address the "significant increase" in inflation in recent months. This is stated in the section dedicated to Brazil by the Organization for […]

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RIO DE JANEIRO, BRAZIL - The Ministry of Health launched yesterday (30) the national campaign to combat the Aedes aegypti mosquito, transmitter of diseases such as dengue, zika and chikungunya. Until December 31, educational videos to prevent the proliferation of diseases will be broadcast on TV and social networks. This year's campaign is entitled "Fight […]

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RIO DE JANEIRO, BRAZIL - Andre Mendonca, President Jair Bolsonaro's nominee for a seat on the STF (Federal Supreme Court), who will be voted on by the Senate on Wednesday (1), once said he sees Brazil as the "granary of evangelicals in the world" and understands that the country is in a "conversion process" in […]

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RIO DE JANEIRO, BRAZIL - The Brazilian Economic Uncertainty Index (IIE-BR), measured by the Getulio Vargas Foundation (FGV), dropped 2 points from October to November. This was the second consecutive drop in the indicator. Despite the drop, the indicator, which reached 129.3 points, is 14.2 points above the level of February 2020 (115.1 points), the […]

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RIO DE JANEIRO, BRAZIL - Rating agency S&P Global has affirmed Brazil's foreign currency rating at BB-. The announcement was made on Tuesday, November 30. The outlook for the country's rating is stable. "Spending pressures and the high-interest burden are likely to lead to slow fiscal consolidation, with general government net debt trending toward 75% […]

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