The Government of Brazil revealed foreign investment opportunities worth a colossal value of 30.5 billion dollars to diplomats from various nations.
Brazilian authorities are actively searching for investors interested in highway concession projects, with a projected investment of 15 billion…
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Brazil will become an international tourist power
The Brazilian government wants to turn the country into an international tourist power that will make its economy grow and "improve the life of the people", betting on its natural resources as an attraction and publicizing its wide variety…
Minimum wage in Brazil will have a permanent increase
Brazil will guarantee the permanent increase in the minimum wage starting in 2024 according to the new law sanctioned this Monday by President Luiz Inácio Lula da Silva.
The law, which was previously approved by Congress, also establishes…
Argentina and Brazil signed a historic pact to boost trade
In an announcement that resonated with great importance, Argentina and Brazil closed a pact of historical relevance on Tuesday. The Development Bank of Latin America-CAF played a crucial role by offering guarantees for a value of 600…
Binance announces the deactivation of cards in several Latin American countries
In a statement issued on August 23, 2023, the Binance cryptocurrency exchange informed its Colombian users about the discontinuation of their Binance cards in Colombian territory. The news, which also affects Argentina and other Latin…
Lula and Biden spoke about climate change
Brazilian President Luiz Inácio Lula da Silva held a telephone conversation this Wednesday with his American counterpart, Joe Biden, emphasizing the importance of seriously addressing the debate on the climate crisis.
During the call,…
Globant announces investments of 1,000 million dollars in Latin America
Globant (NYSE: GLOB), a digital native company focused on reinventing business through innovative technology solutions, announced a five-year, $1 billion investment plan in Latin America to bolster its presence throughout the region.
Among…
Brazil will launch its digital currency DREX in 2024
Brazil's digital currency (CBDC) will be launched in 2024. The country's Central Bank has indicated that its launch is scheduled to boost financial services.
The DREX CBDC will be based on “distributed ledger technology (DLT) to settle…
Bitcoin joins the digital real pilot program backed by the Central Bank of Brazil
The Central Bank of Brazil (BCB), the entity in charge of formulating monetary policies in the South American country, this week authorized the participation of Mercado Bitcoin, the exchange with the highest volume of operations at the…
Latin America and Europe promote independent energy trading
A strategic alliance between Mexico, Colombia, Chile, Brazil and Portugal, with the Association of Independent Energy Marketers (ACIE), from Spain, aims to "promote actions aimed at promoting commercialization in the region."
Among the…
Lula da Silva signs cryptocurrency law
The president of Brazil, Luiz Inácio Lula da Silva, signed the cryptocurrency law. It will enter into force on June 20, with the Central Bank as the regulatory entity.
The signing of the long-awaited law was carried out by the president of…
Petrobras plans to enter the green hydrogen business
Petrobras has signed a two-year non-binding confidentiality agreement with chemical company Unigel to discuss the possibility of entering into joint ventures for the development of projects related to green hydrogen and other low-carbon…