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86 results for “Brazilian economy

Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate
PROMarkets2h ago

Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.

Brazil's Election Divide Crystallizes Over Fiscal Rules, Lula Rejects PIX Privatization
Markets2h ago

Brazil's Election Divide Crystallizes Over Fiscal Rules, Lula Rejects PIX Privatization

The Brazilian presidential election battle centers on opposing fiscal visions as Lula pushes spending rules and rejects privatization of the successful PIX payment system.

Brazil Targets R$2 Trillion AI and Cloud Spending in Push to Modernize Tech Sector
NASDAQ4h ago

Brazil Targets R$2 Trillion AI and Cloud Spending in Push to Modernize Tech Sector

Brazilian companies and the government plan to invest up to R$2 trillion ($391 billion USD) in digital transformation, primarily AI and cloud, by 2029.

Speculators Bet Big on Rising Soybean Prices Amid Concerns Over Brazil’s Next Harvest
MarketsSep 21

Speculators Bet Big on Rising Soybean Prices Amid Concerns Over Brazil’s Next Harvest

Large speculators increased their net-long position in Chicago soybean futures, a bet fueled by strong demand and South American weather worries.

Brazil Retail Giant Assaí Acquires 18 Gas Stations to Leverage High Traffic Footprint
InvestingSep 21

Brazil Retail Giant Assaí Acquires 18 Gas Stations to Leverage High Traffic Footprint

Brazilian cash-and-carry retailer Assaí is buying 18 gas stations located at its São Paulo stores for up to R$ 80 million, aiming to launch a new line of business.

Sigma Lithium Jumps 12.3% as Investors Look Past Legal Noise to Brazilian Production
NASDAQSep 21

Sigma Lithium Jumps 12.3% as Investors Look Past Legal Noise to Brazilian Production

Brazilian lithium producer Sigma Lithium (SGML) stock surged today as investors shrugged off recent legal challenges to focus on its operational stability.

TIM Brasil Gets New Indirect Controller as Italy’s Poste Italiane Takes Over Telecom Italia
PROMarketsSep 21

TIM Brasil Gets New Indirect Controller as Italy’s Poste Italiane Takes Over Telecom Italia

Italy's state-backed Poste Italiane becomes the ultimate parent of TIM Brasil after successfully acquiring 66.6% of Telecom Italia.

Electoral Jitters Drive ‘Binary Trade’ on Brazil’s Petrobras and Banco do Brasil
PROMarketsSep 21

Electoral Jitters Drive ‘Binary Trade’ on Brazil’s Petrobras and Banco do Brasil

Investors are hedging against the sharp policy shifts expected from Brazil’s presidential election, focusing on key state-owned enterprises.

PagSeguro Digital Shares Drop 3% Amid Broader Investor Caution on Brazilian Fintech
NASDAQSep 20

PagSeguro Digital Shares Drop 3% Amid Broader Investor Caution on Brazilian Fintech

Brazilian fintech firm PagSeguro Digital saw its shares fall on the NYSE, reflecting wider "risk-off" sentiment toward emerging market growth stocks.

Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System
PROMarketsSep 19

Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System

Brazil’s election countdown is marked by a multi-billion-real fuel subsidy, a deepening Supreme Court crisis, and a tax deadline for small firms.

Speculators Place Significant Long Bet on Soybeans, Pricing Brazilian Harvest Expectations
PROMarketsSep 19

Speculators Place Significant Long Bet on Soybeans, Pricing Brazilian Harvest Expectations

Non-commercial traders increased their bullish bets on Chicago soybeans, a move that signals confidence in the commodity that anchors the Brazilian economy.

Foreign Capital Fuels Surge in Trading for Brazil’s Unique Agro-Funds, Fiagros
InvestingSep 19

Foreign Capital Fuels Surge in Trading for Brazil’s Unique Agro-Funds, Fiagros

Foreign investors accounted for over 20% of the trading volume in Brazil's Agribusiness Investment Funds (Fiagros) in August, signaling sharp international interest in the vehicle used to finance the country's vital farm sector.

PagSeguro Stock Drops 3.14% as Brazil’s High-Rate Environment Continues to Pressure Fintech Sector
NASDAQSep 18

PagSeguro Stock Drops 3.14% as Brazil’s High-Rate Environment Continues to Pressure Fintech Sector

Shares of the Brazilian digital payments firm PagSeguro fell Friday, a move tied to investor caution over high funding costs.

Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier
PROMarketsSep 18

Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier

Brazil's President Lula is framing the development of the Equatorial Margin oil reserves as a crucial test of national sovereignty and a defense against foreign interests.

Brazil Sanctions Law Offering Steep Tax Breaks for Data Center and AI Investment
PRONASDAQSep 18

Brazil Sanctions Law Offering Steep Tax Breaks for Data Center and AI Investment

President Lula has signed Law 15.504, creating the Redata special tax regime to spur massive investment in Brazil's data center and AI infrastructure.

Brazil Finance Minister Durigan Says STF Crisis Is Hurting Economy and Investor Confidence
MarketsSep 18

Brazil Finance Minister Durigan Says STF Crisis Is Hurting Economy and Investor Confidence

Finance Minister Dario Durigan openly admitted that institutional instability at the Supreme Federal Court (STF) is harming the Brazilian economy and raising the perceived "Brazil risk.

Brazil’s Central Bank Cuts Selic Rate to 13.75%, Boosting Retail and Construction Prospects
InvestingSep 16

Brazil’s Central Bank Cuts Selic Rate to 13.75%, Boosting Retail and Construction Prospects

Brazil’s central bank, Copom, cut the benchmark Selic interest rate by 0.25 percentage points to 13.75% per annum, a move expected to stimulate the highly rate-sensitive retail and civil construction sectors.

Brazil’s 13.75% Selic Rate Holds Down Consumer Credit, Caps Savings Returns
InvestingSep 16

Brazil’s 13.75% Selic Rate Holds Down Consumer Credit, Caps Savings Returns

The high Selic interest rate keeps borrowing costs high for Brazilian consumers while structurally capping returns for the nation's most popular savings account.

Brazil’s Dual-VAT Testing Phase Imposes Significant Compliance Costs on Businesses
PoliticsSep 16

Brazil’s Dual-VAT Testing Phase Imposes Significant Compliance Costs on Businesses

Brazilian companies face a heavy administrative burden and increased costs as they run parallel tax systems during the 2026 testing phase of the new dual-VAT reform.

PagSeguro Stock Drops 3.12% as Brazilian Fintech Puts R$2 Billion Dividend Commitment on the Table
PRONASDAQSep 15

PagSeguro Stock Drops 3.12% as Brazilian Fintech Puts R$2 Billion Dividend Commitment on the Table

Shares of NYSE-listed PagSeguro (PAGS) fell Tuesday as investors weighed a new, multi-year dividend plan against its growth trajectory.

BlackRock Confirms Plan to Launch Local Fixed-Income ETFs in Brazil
PROMarketsSep 14

BlackRock Confirms Plan to Launch Local Fixed-Income ETFs in Brazil

BlackRock will launch its first local fixed-income exchange-traded funds in Brazil this year, validating the rapidly growing R$135 billion ETF market.

Brazil Real Decouples from Global Dollar Trend on Shifting Election Trade
CurrenciesSep 13

Brazil Real Decouples from Global Dollar Trend on Shifting Election Trade

The Brazilian Real recently moved against the global strengthening of the US Dollar, driven by a domestic "electoral trade" focused on reduced political risk premium ahead of the presidential vote.

Private Equity and Succession Needs Drive Brazil’s Small-Cap M&A Market
PROSmall CapsSep 12

Private Equity and Succession Needs Drive Brazil’s Small-Cap M&A Market

Small and mid-sized companies now account for 55% of Brazil's M&A transaction value, fueled by private equity seeking growth and business owners facing retirement.

Brazil Registers Largest Deflation in Four Years, Cementing Central Bank's Selic Rate Cut
PROInvestingSep 12

Brazil Registers Largest Deflation in Four Years, Cementing Central Bank's Selic Rate Cut

Brazil's official inflation index, the IPCA, fell 0.32% in August, the first deflation of the year, driven by a temporary 'Itaipu Bonus' on electricity bills.

Brazil’s Inflation Posts Steepest Deflation in Four Years, Intensifying Pressure for Deeper Rate Cuts
PROMarketsSep 11

Brazil’s Inflation Posts Steepest Deflation in Four Years, Intensifying Pressure for Deeper Rate Cuts

Brazil’s official IPCA inflation index recorded a deeper-than-expected deflation of -0.32% in August 2026, driven by an electricity bill credit, likely pushing the Central Bank to accelerate its interest rate cutting cycle.

Global Fintech Revolut Hires Former Economy Minister Paulo Guedes to Advise on Brazil Banking License Bid
PROSmall CapsSep 10

Global Fintech Revolut Hires Former Economy Minister Paulo Guedes to Advise on Brazil Banking License Bid

Fintech giant Revolut has appointed former Brazilian Economy Minister Paulo Guedes to its new advisory board, a strategic move aimed at securing a full banking license and intensifying competition with local digital banks.

Brazilian Startups Top Global Growth List, Signaling Resilience and Future IPO Wave
PRONASDAQSep 10

Brazilian Startups Top Global Growth List, Signaling Resilience and Future IPO Wave

Brazil led the Endeavor 'Outliers' list in 2026 with 39 high-growth tech companies, highlighting the sector's maturity despite high interest rates.

Brazil’s ‘King of Soy’ Warns Political Confrontation with China is a ‘Great Danger’ to Agribusiness
MarketsSep 10

Brazil’s ‘King of Soy’ Warns Political Confrontation with China is a ‘Great Danger’ to Agribusiness

Blairo Maggi, Brazil's powerful former Agriculture Minister, cautions that political disputes risk the nation's key trade relationship with Beijing.

Lula Government Allocates R$6.6 Billion in Fuel Subsidies, Challenging Fiscal Framework Target
PoliticsSep 09

Lula Government Allocates R$6.6 Billion in Fuel Subsidies, Challenging Fiscal Framework Target

Brazil's President Lula signed an executive order for R$6.6 billion in fuel subsidies, immediately pressuring the zero-deficit target.

$100 Oil Price Forces Brazil’s Political Price Choice at Petrobras
MarketsSep 09

$100 Oil Price Forces Brazil’s Political Price Choice at Petrobras

Brent crude above $100 creates an unmanageable fuel price gap, forcing Brazil to choose between inflation and state intervention.