Money managers are taking advantage of discounted prices to take on more Brazil risk before the country’s assets are hit by volatility tied to next year’s presidential elections. Their top pick? The battered real.
There were more than 10 galleries at the main fair showcasing Brazilian art.
Brazil’s economy fell into recession as extreme weather conditions, high interest rates and inflation cut short its recovery from the pandemic, dealing a blow to President Jair Bolsonaro just as he prepares for his re-election campaign.
Petrobras is focusing on selling legacy oil fields on shore and in shallow waters where costs per barrel are higher than in ultra-deep waters, Chief Financial Officer Rodrigo Araujo Alves said in an interview on Bloomberg
Joblessness slid to 12.6% in the three months ending in September from 13.2% previously
Venture capitalists are pouring money into Latin America’s startups like never before, minting new regional giants but raising questions about whether soaring valuations can hold as regional economies slow.
The governor of Brazil’s richest and most populous state was picked by the Brazilian Social Democracy Party as its candidate for next year’s election challenging President Jair Bolsonaro.
Brazil’s largest city is famous for its restaurants, but the architecture and parks can offer great experiences for tourists and business travelers