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4 results for “Brazil Vale

PROMarketsAug 20

Massive R$170 Billion Fundão Settlement De-Risks BHP, Vale as 45 Cities Drop Foreign Lawsuits

Nearly all affected municipalities in Brazil have joined the R$170B Fundão dam settlement, requiring them to drop all foreign lawsuits.

Vale Board Votes to Remove Director Gasparino Over Leaks
PROMarketsJul 23

Vale Board Votes to Remove Director Gasparino Over Leaks

Vale’s board has voted to oust director Marcelo Gasparino after an independent probe confirmed confidential leaks, highlighting stricter governance at the miner.

Brazil Prepares New WTO Dispute Against US Over Tariffs
MarketsJul 23

Brazil Prepares New WTO Dispute Against US Over Tariffs

Brazil is launching a fresh WTO challenge against new 25% US Section 301 tariffs, escalating trade tensions as the Ibovespa and ADRs trade higher.

US Threatens 12.5% Forced Labor Tariff on Brazil
PoliticsJul 22

US Threatens 12.5% Forced Labor Tariff on Brazil

A secondary U.S. forced labor probe threatens a stacked 37.5% tariff on Brazil, accelerating trade diversion to China and hitting Brazilian ADRs.