Brazil

Saturday, January 25th 2025 - 10:36 UTC
Foreign travelers contribute significantly to Brazil's economy in 2024

Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) announced on Friday, citing a report from the Ministry of Tourism. These figures represented the best results in 15 years, and an increase of 6.28% compared to the US$6.907 billion in 2023.
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Friday, January 24th 2025 - 10:42 UTC
Lula and Scheinbaum discuss regional matters over the phone

Progressive Presidents Luiz Inácio Lula da Silva of Brazil and Claudia Sheinbaum of Mexico discussed Thursday during a telephone conversation the relevance of cultivating “productive relations” with the United States, now once again under the Republican Donald Trump.
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Thursday, January 23rd 2025 - 08:59 UTC
Brazil: Dollar plunges to lowest level since November

The US dollar fell Wednesday below R$ 6 following Donald Trump's second inauguration this week in Washington DC, thus reaching its lowest level since November. Meanwhile, the stock market fell for the first time after three straight rises. The commercial dollar closed Wednesday at R$ 5.946 after hitting R$ 5.91 around 2 pm. So far this year, the US dollar went down by 3.79%.
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Wednesday, January 22nd 2025 - 09:30 UTC
Brazilian Central Bank report foresees 5.08% inflation for this year

The Focus Bulletin released earlier this week by Brazil's Central Bank (BCB) projected a 5.08% inflation for this year in South America's largest country. The new prediction represented a slight twitch from last week's 5% National Consumer Price Index (IPCA). Meanwhile, Brazil's Gross Domestic Product (GDP) - the sum of goods and services produced in the country - is expected to grow by 2.04% in 2025, a slight improvement from 2.02% the week before.
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Tuesday, January 21st 2025 - 09:25 UTC
Brazilian authorities to encourage use of DIY HIV tests

Brazilian agencies encouraged manufacturers to pack their do-it-yourself HIV self-test kits more discreetly to encourage people to use them at home and avoid crowding healthcare facilities, Agencia Brasil reported.
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Friday, January 17th 2025 - 09:44 UTC
Floods hit southern Brazil's State of Santa Catarina

The beach resort of Camboriú in the southern Brazilian State of Santa Catarina has been declared under emergency Thursday following heavy rains that flooded that place and others such as Florianópolis.
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Thursday, January 16th 2025 - 22:03 UTC
Bolsonaro denied passport to attend Trump's inauguration

Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes deemed former President Jair Bolsonaro a flight risk and refused to return his passport, which the retired Army captain needed to attend Donald Trump's inauguration in Washington DC on Jan. 20. Bolsonaro is under investigation in various cases and had been ordered to surrender his travel document.
Thursday, January 16th 2025 - 10:09 UTC
Azul and Gol announce merger to create aviation giant

Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they had signed a memorandum of intent to finalize a merger whereby one of the largest airlines in Latin America would be created. If the plan goes through, the resulting airline would have a 60% share in Latin America's largest country, thus challenging Latam's hegemony.
Wednesday, January 15th 2025 - 10:38 UTC
Meta tells Brazil end of fact-checking limited to the US

The end of the fact-checking service provided by Facebook, Instagram, and WhatsApp owning Meta has only been implemented in the United States (US), at least for the time being. The company made those remarks to Brazil's Federal Attorney General's Office (AGU) checking the company's compliance to the legislation in force in the South American country.
Wednesday, January 15th 2025 - 08:47 UTC
Brazil’s 2024/25 harvest production estimated to reach 322.2 million tons, with soy exports of 105 million tons

Brazilian farmers should harvest 322,2 million tons of grains from the 2024/25 crop, representing an 8,2% increase over 2023/24, equivalent to an additional 24.5 million tons, according to the latest estimates from Conab, the county’s National Supply Company.