Brazil's Central Bank would implement an interest rate cut, currently at 15%, starting in March if the projected inflation rate for 2026 of 3.0 % is maintained.
During the recent meeting of the Monetary Policy Committee (Copom), in the last week of January, it was agreed to maintain rates at 15 %,…
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Brazil, Guyana, and Argentina stand out as key suppliers of oil in 2026, according to the IEA
The U.S. Energy Information Administration (EIA) forecasts an increase in global oil production of 800,000 barrels per day in 2026, thanks to the prominent role of Argentina, Brazil, and Guyana: three non-OPEC countries that will contribute…
Lula da Silva anticipates signing of Mercosur-EU free trade agreement in December
The free trade agreement between the Southern Common Market (Mercosur) and the European Union will be signed on December 20, according to Brazilian President Luiz Inácio Lula da Silva, who made the announcement after participating in the…
Study reveals Brazil’s potential to double biofuel production by 2050 without deforestation
According to a study released this Thursday by the Brazilian entities Institute of Energy and Environment (Iema) and the Climate Observatory (OC), Brazil has the capacity to double biofuel production and consumption by 2050 by using…
Jair Bolsonaro’s defense could appeal sentence
The case of Jair Bolsonaro, former Brazilian president, is in the spotlight after the Supreme Federal Court found him guilty of attempted coup d'état in 2022, with a sentence of 27 years and three months in prison.
Bolsonaro's defense…
Brazil formalizes its application for IEA membership
Brazil has formalized its application to become a member of the International Energy Agency (IEA), an organization that "brings together the major energy consumers of the developed world," the OECD-affiliated body announced.
According to…
IEA forecasts increase in global oil production, led by three Latin American countries
The International Energy Agency (IEA) estimates that oil demand will continue to rise. In this context, production is expected to continue at this upward pace, reaching 5.8 million barrels per day, with a quarter coming from Argentina,…
Mercosur and Canada to resume free trade agreement negotiations
Canada and Mercosur member States will resume negotiations on a free trade agreement in October, a Brazilian representative said last week.
The announcement comes as a light at the end of the tunnel for the parties amid the tariff…
Brazil leads crypto regulation in Latin America
The cryptocurrency exchange CryptoMKT has highlighted the work of the Central Bank of Brazil in crypto regulation, making the country a leader in Latin America.
According to the platform, the South American country follows international…
Brazil and Mexico strengthen trade relations with a new agreement
Thanks to the signing of a new trade agreement, Mexico will receive from Brazil a product in high demand: processed bones, due to its use in the production of fertilizers, collagen, animal feed, and gelatin.
According to a statement on the…
Brazil obtains €300 million loan to develop electricity grids
The Spanish company Iberdrola obtained a €300 million loan from the European Investment Bank (EIB) for the construction of electricity grids in Brazil. The term is 10 years "with a two-year grace period for principal payments," to work…
Brazil and China to develop CBERS-5 geostationary satellite
Brazil and China signed an agreement for the joint development of the CBERS-5 geostationary satellite, as part of the China-Brazil Earth Resources Satellite (CBERS) program.
The signing of this agreement was announced last week, when…