Brazil
Brazil’s Offshore Wind Plans at Risk Due to Global Manufacturing Outlook
Spare manufacturing capacity for the global wind industry is likely to disappear by 2026, according to a report released this week by the Global Wind Energy Council
Which Latin American Countries Enjoyed the Sharpest GDP Growth In 2022?
Panama and Colombia led the economic growth in the region last year, with Venezuela also seeing a recovery, although data from the latter country are less reliable
Former President Jair Bolsonaro Returns to Brazil to Lead the Opposition
Bolsonaro is scheduled to land in Brasilia early Thursday morning on a commercial flight from Orlando, where he has been since leaving Brazil two days before the official end of his term
Latin America Loses Weight Within Global Economy
Latin America’s largest economies represent just 7.35% of emerging markets’ exchange-traded funds, while their share of global GDP has fallen
SPACs Rush Into Mergers With Brazilian Companies as Deadline for Listing Looms
SPACs of Valor Capital, XP, and MercadoLibre, which launched an IPO in 2021, have a deadline due this year to find and merge with companies in order to list
Petrobras Is Ready to Be World’s Last Oil Producer, CEO Prates Says
Over the last 20 years, Brazil has emerged as a major oil producer, diverging from many of its Latin American peers
JBS, Minerva, Marfrig Shares Jump as China Resumes Brazil Beef Imports
Brazil is the top beef supplier to China, which is also the main destination for Brazilian beef exports
Coinbase Turns Its Attention to Brazil as a Core Market In ‘Deep and Broad’ Expansion
In partnership with Ebanx, users will be able to transfer reais to the US-based cryptocurrency exchange via real-time payments system Pix, Coinbase tells Bloomberg Línea
Lula da Silva’s Approval Ratings Top Jair Bolsonaro, Trail His Previous Terms: Ipec
Lula, who was investigated for alleged bribes and mishandling of funds and served a prison sentence in 2018, beat the conservative Bolsonaro in last year’s election by less than two percentage points
Fed to Consider a Pause as Fallout From SVB Disturbs Markets
A busy week in Brazil begins with the central bank’s survey of market expectations on inflation, which continue to edge further above target through 2025
Exclusive: Meta’s Latest Layoffs to Include Staff In Argentina
The company’s CEO and founder Mark Zuckerberg confirmed another round of layoffs this week affecting 10,000 employees, after having made 13% of the company’s total staff redundant in November
Brazilian Startups, Founders Face Difficulties Recovering SVB Money
Transfers of the total amounts held in the US bank under FDIC receivership have been made only to companies with US accounts, sources say
Brazil’s Mining Giant Vale Weighs IPO of Metals Unit After Sale of 10% Stake
Automakers are among Vale’s main clients as they try to secure access to strategically important metals amid a shift to electric vehicles
Brazilian Startup Founder Describes ‘Most Chaotic Day of My Life’ as SVB Collapses
Alexandre Maluli, CEO of Zazos, withdrew more than 1 million reais from Silicon Valley Bank hours before it collapsed
Brazilian Hedge Fund Vista Cuts Oil Bet That Made It a Star
About four years ago, traders operating out of a two-story house in Rio de Janeiro piled into a bet that oil prices would skyrocket on anticipation of a tight market and a slower transition away from fossil fuels