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256 results for “Brazil Economy”
Brazil’s Inflation Surprise Threatens Central Bank’s Rate-Cut Path
Brazil’s preliminary September inflation rate unexpectedly rose to 0.70%, complicating the Central Bank's strategy of consecutive Selic rate cuts.
STF Takes Up R$103 Billion Precatórios Case, Posing Major Fiscal Threat to Brazil’s Budget
Supreme Court Justice Gilmar Mendes sent a key debt case to the full court, deciding whether the government must pay R$103.4 billion.
Brazilian Real Under Pressure as Election Candidates Delay Fiscal Anchor Details
Uncertainty over a credible fiscal plan from presidential candidates is raising the risk premium on the Brazilian Real, as the country's high public debt remains sensitive to interest rate policy.
Bolsonaro’s Momentum and High Abstention Raise Risk of Brazil Election Decided in First Round
Senator Flávio Bolsonaro’s surge in polls, combined with high voter abstention, is fueling a push for a first-round victory, which would immediately end Brazil's political uncertainty discount.
Brazilian Retail Investors Push Global Stock Access to R$1 Billion Daily
Trading volume for Brazilian Depositary Receipts, which allow local investors to access global stocks, has surged past R$1 billion daily on the B3 exchange.
Brazil’s Diesel Subsidy Extension Tests Fiscal Rule Amid Claim of Oil Revenue Offset
Brazil's government plans to extend a key R$2.12/liter diesel subsidy for 30 days, citing extraordinary oil revenue to offset the fiscal cost, a move that tests its new spending rules.
Bolsonaro-Moraes Jet Scandal Deepens as CNJ Cancels R$4.7 Billion in Payments Linked to Corrupt Scheme
A deepening judicial scandal, featuring a shared jet and a massive anti-corruption action, rocked Brazil's political class weeks before a tight election.
Brazilian Fintechs Continue to Bypass Domestic Market, List on Nasdaq and NYSE
PicPay and Agibank completed U.S. listings earlier this year, highlighting a structural shift as Brazilian tech seeks deeper liquidity abroad.
Brazilian Fintech Inter & Co Shares Hit 52-Week Low Amid Forced Share Conversion
Shares of Brazilian digital bank Inter & Co (INTR) fell to a new low as its domestic BDR holders face a deadline to convert shares or sell for cash.
Mercado Livre Enters Prescription Drug Sales, Sends Brazilian Pharmacy Stocks Tumbling
Latin America’s e-commerce giant, Mercado Livre, will begin selling prescription drugs requiring a retained medical script in Brazil, including GLP-1 weight-loss pens and antibiotics, causing competitor stock prices to fall sharply.
Brazil's Rising Fiscal Deficit to Fund Welfare Hike Tests Fiscal Rule Credibility
Brazil’s government raised its 2026 fiscal deficit projection to R$67.3 billion to fund a social welfare hike, pushing the result to the limit of its spending rule.
Brazil Central Bank Sees 90% Chance Inflation Will Breach Target in 2026
Brazil's Central Bank raised the probability of 2026 inflation exceeding the 4.5% target ceiling to 90% while cutting its GDP growth forecast to 1.8%.
Political and Judicial Scandal Raises Institutional Risk in Brazil, Diverting Focus from Key Economic Decisions
A deepening financial fraud probe involving Brazil's top political and judicial figures overshadows critical moves on rare earths, tax reform, and a volatile gambling ban.
Brazilian Digital Bank Inter & Co. Shares Drop 5.4% Amid Corporate Restructuring Complexities
Shares of Brazilian fintech Inter & Co. fell over 5% on the Nasdaq as investors navigate the complexity of its unique US-primary listing.
OECD Upgrades Brazil 2026 GDP Forecast to 2.0% on 'Resilient Domestic Demand'
The OECD lifted its 2026 economic growth forecast for Brazil, signaling the economy is weathering global headwinds better than expected.
Brazil’s Petrobras Redeems $1.09 Billion in Global Notes Ahead of 2028 Maturity
State-controlled oil company Petrobras is proactively retiring $1.092 billion in corporate debt, signaling strong financial health and a focus on reducing interest costs.
Speculators Hold Vast Net-Long Soybean Position, Signaling Bullish Bet on Key Brazil Export Crop
Large speculators on the Chicago Board of Trade held a massive net-long position in soybean futures, a key signal for Brazil's agricultural economy.
International Investors Pull Nearly $6 Billion from Brazil in Early September
Preliminary Central Bank data shows a net negative foreign exchange flow of US$5.987 billion in the first 11 days of September, driven almost entirely by the financial channel.
Brazil’s PPSA Schedules First Auction to Break Petrobras Gas Monopoly, Targeting 50% Price Cut for Industry
The Brazilian government's company, Pré-Sal Petróleo S.A., will auction 1.1 million m³/day of pre-salt natural gas in October to lower industrial energy costs and increase competition.
Speculators Scale Back Bullish Bets on Soybeans as Brazil Prepares for New Planting Season
Non-commercial traders held a net-long position of 261,183 contracts in Chicago soybean futures on Sept. 15, a sign of reduced optimism.
Brazil’s Fixed Income Market Nears R$10 Trillion Milestone Amid B3 Volume Surge
The total value of fixed income investments registered on the B3 exchange reached R$9.994 trillion in August, underscoring the rapid growth and financial deepening of Brazil’s capital markets.
Brazil’s Political Divide Crystallizes Around Lula’s Fiscal Rule Versus Debt-Ceiling Alternative
The national debate over Brazil's economic future pits President Lula's revenue-linked spending rule against a conservative proposal for an automatic debt-to-GDP spending ceiling.
Brazil Finance Ministry Flips 2026 Deficit to Superavit Using R$63 Billion in Legal Deductions
Brazil’s Finance Ministry used R$62.78 billion in legal adjustments to transform an R$81 billion deficit into a projected R$10.77 billion surplus for 2026, narrowly meeting the fiscal target.
Vale Invests R$975 Million for Stake in Ligga, Securing Long-Term Iron Ore Supply in Pará
Brazilian mining giant Vale acquired a 30% stake in Ligga S.A. for R$975 million, securing exclusive long-term access to high-quality iron ore in the strategic Carajás region.
Brazil President Lula Sanctions Compromise Bill, Phasing Out Payroll Tax Relief for 17 Key Sectors
President Lula signed Law No. 14,973/2024, ending a fiscal standoff and confirming a gradual four-year re-taxation of the payroll for sectors like construction and IT.
Flávio Bolsonaro Vows to Scrap All Haddad-Era Tax Hikes, Signaling Radical Fiscal Shift
Presidential candidate Flávio Bolsonaro’s economic coordinator announced a plan to revoke all revenue-raising measures implemented by Finance Minister Fernando Haddad.
Brazil’s Central Bank Constrained by Fiscal Framework Uncertainty
Brazil’s top economic officials stress the stability of the new fiscal rule is essential to allow for lower interest rates, as the Central Bank keeps rates high.
Brazil Central Bank Signals Extended High-Interest Period Despite Fifth Consecutive Rate Cut
Brazil’s central bank cut its benchmark Selic rate to 13.75% but stressed the need to remain 'adequately restrictive' due to high inflation risks.
Lula Government Asserts Regulatory Power with Tech Lawsuit, Fires Bolsonaro Son
Brazil’s government took sharp action Monday, firing Eduardo Bolsonaro from the Federal Police and suing Discord for R$500 million over child safety failures.
Brazil Boosts Bolsa Família Benefits by 15% Ahead of Election, Fueling Fiscal Discipline Debate
Brazil's government announced a 15% hike for the minimum Bolsa Família benefit, spending R$ 5.8B from a new fiscal space, reigniting concerns over long-term budget targets.