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Tag: SAO PAULO

Business / economics

Brazil Maintains 2023 GDP Forecast While Adjusting Inflation Rate

March 19, 2025March 19, 2025 - by Aisha Khoury - Leave a Comment

Brazil’s government has kept its GDP growth forecast for 2023 at 2.3% while raising inflation expectations to 4.9%. As the central bank prepares for another interest rate hike, the government …

Brazil Maintains 2023 GDP Forecast While Adjusting Inflation Rate Read More
Global news

Discovery of Potentially Dangerous Coronavirus Strain in Brazilian Bats

March 19, 2025March 19, 2025 - by Ravi Patel - Leave a Comment

A new study reveals that Brazilian bats harbor a potentially dangerous coronavirus strain similar to MERS-CoV. This discovery prompts ongoing testing to assess the risk of human transmission. Historically, coronaviruses …

Discovery of Potentially Dangerous Coronavirus Strain in Brazilian Bats Read More
In memoriam

Eduardo Bolsonaro Leaves Congress to Seek Support in the U.S.

March 19, 2025March 19, 2025 - by Aisha Khoury - Leave a Comment

Eduardo Bolsonaro, son of ex-President Jair Bolsonaro, leaves Congress for the U.S. to build Republican support for his father amid legal issues with Brazil’s Supreme Court, citing fears of imprisonment …

Eduardo Bolsonaro Leaves Congress to Seek Support in the U.S. Read More
Business / Companies

Brazil Central Bank Plans $4 Billion Dollar Auctions for Contract Renewal

March 18, 2025March 18, 2025 - by Ravi Patel - Leave a Comment

The Brazilian central bank will auction up to $4 billion in dollar amounts with repurchase agreements over two days to roll over expiring contracts. The auctions are scheduled for 10:30 …

Brazil Central Bank Plans $4 Billion Dollar Auctions for Contract Renewal Read More
Companies

XCMG Brazil Launches First 100% Electric Water Truck

March 17, 2025March 17, 2025 - by Liam O'Sullivan - Leave a Comment

XCMG Brazil has launched a fully electric water truck, the first of its kind, presenting two models with capacities of 25,000 and 50,000 liters. Designed for several industries, these trucks …

XCMG Brazil Launches First 100% Electric Water Truck Read More
Companies

Qualicorp Reaches 44.5 Million Real Settlement with Brazilian Authorities

March 17, 2025March 17, 2025 - by Maya Chowdhury - Leave a Comment

Qualicorp Consultoria e Corretora de Seguros SA has settled an agreement for 44.5 million reais with Brazil’s Comptroller General and Solicitor General, achieving a definitive resolution to the case against …

Qualicorp Reaches 44.5 Million Real Settlement with Brazilian Authorities Read More
Business / Companies

Brazilian Lawmaker Proposes Legislation to Regulate Bitcoin Salaries

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Brazilian lawmakers, led by Federal Deputy Luiz Philippe de Orleans e Bragança, have proposed a bill to permit salary payments in Bitcoin and other cryptocurrencies. The bill mandates that no …

Brazilian Lawmaker Proposes Legislation to Regulate Bitcoin Salaries Read More
Global news

Discovery of New Bat Coronavirus in Brazil Raises Public Health Concerns

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Researchers have discovered a new bat coronavirus in Brazil sharing 72% of its genetic sequence with MERS-CoV. While the risk to humans is currently uncertain, plans for further experiments in …

Discovery of New Bat Coronavirus in Brazil Raises Public Health Concerns Read More
Politics

Jair Bolsonaro Faces Coup Charges as Supporters Rally in Rio de Janeiro

March 17, 2025March 17, 2025 - by Ravi Patel - Leave a Comment

Former Brazilian President Jair Bolsonaro has rallied thousands of supporters in Rio de Janeiro, declaring his electoral ban a “denial of democracy” amid coup charges. The protest aimed at demanding …

Jair Bolsonaro Faces Coup Charges as Supporters Rally in Rio de Janeiro Read More
Business / Companies

Shares of Azzas 2154 Decline Amid Founder Dispute Reports

March 14, 2025March 14, 2025 - by Liam O'Sullivan - Leave a Comment

Azzas 2154 shares fell after reports of founders Alexandre Birman and Roberto Jatahy discussing a potential separation. The company was formed eight months ago from the merger of Soma and …

Shares of Azzas 2154 Decline Amid Founder Dispute Reports Read More

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