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 the nation in the company of the Minister of Economy,…
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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…
Von der Leyen defends before Lula to close the Mercosur agreement before the end of the year
The President of the European Commission, Ursula von der Leyen, defended against the President of Brazil, Luiz Inácio Lula da Silva, closing the trade agreement between the European Union and Mercosur before the end of the year and thus…
Brazil’s GDP grew by 1.9 % in the first quarter of the year
The Gross Domestic Product (GDP) of Brazil grew by 1.9 % in the first quarter of the year compared to the previous quarter, while it expanded by 4% compared to the same period in 2022, according to the Brazilian Institute of Geography. and…
Venezuela and Brazil could resume electrical interconnection project
The presidents of Venezuela and Brazil, Nicolás Maduro and Luiz Inácio Lula da Silva, agreed on Monday at the South American Summit to study whether to resume the binational electrical interconnection project.
Both presidents discussed…
The IMF supports Brazil’s tax reform
The International Monetary Fund (IMF) stated that it "firmly" supports the commitment of the Lula da Silva government to improve Brazil's fiscal position, while encouraging the country to continue promoting its "ambitious" agenda to achieve…
Rio de Janeiro will host the 2024 G20 summit
The governor of Rio de Janeiro, Claudio Castro, confirmed this Tuesday that the state, located in the southeast of Brazil, will host the next G20 summit of heads of state in November 2024.
As Castro has detailed on his Twitter profile, the…
Bolivia and Brazil advance in the economic and social integration agenda
The common agenda between Bolivia and Brazil, recently agreed upon, is oriented towards the economic and social integration of both countries and includes 15 strategic areas.
The representatives of Bolivia and Brazil work together in…
Revolut officially arrives in Brazil
The British neobank and financial technology company, Revolut, announced its entry into the Latin American market with the launch of its services in Brazil.
The firm already offers services to clients in Europe and the United States and…
Brazil and the ILO discussed social justice and labor equity policies
The initiative of the ILO Global Coalition for Social Justice was the focus of the meeting between the organization's director general, Gilbert Houngbo, and the president of Brazil, Luiz Inácio Lula da Silva, which took place this week and…
Binance under investigation in Brazil for alleged financial crimes
Binance, the world's largest cryptocurrency exchange, is being investigated for alleged financial crimes related to its derivatives business by federal authorities in Brazil, local newspaper Valor Económico reports.
The Federal Public…
Petrobras announces gas price reduction
Petrobas announced this Monday an agreement with distributors to reduce the price of a cubic meter of natural gas by 8.1 % as of next May compared to the average value of the quarter between February and April.
The Brazilian oil company…