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 standards regarding cryptocurrency regulation, with an…
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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…
Chile to host International Summit for Democracy and Multilateralism
The Summit for Democracy and Multilateralism will take place in Santiago, Chile, on July 21st. The event will be chaired by President Gabriel Boric.
The Chilean president will welcome his counterparts Luiz Inácio Lula da Silva of Brazil,…
Brazil reduced its fiscal deficit to 7.56 % of GDP in May
In May, Brazil's fiscal deficit narrowed to 7.56 % of accumulated Gross Domestic Product over the last 12 months, according to the Central Bank's report released Monday.
"In May alone, the consolidated nominal public sector deficit of…
Brazil keeps economic growth
Brazil, Latin America's largest economy, maintained its economic growth of 0.4 % during April, leveraged by the services sector.
However, the growth rate slowed to 0.2 % according to Central Bank reports and IMF projections.
The BCB…
Brazil to tighten rules for digital platforms
On Wednesday, June 11, by a majority of its judges, the Brazilian Supreme Court agreed to tighten the rules applying to digital platforms.
The objective of this decision is to regulate activities such as the spread of fake news and hate…
Latin America advances inventory stockpiling in response to Trump’s tariffs
The extension for the tariffs imposed by Donald Trump is about to expire, and Latin American countries are advancing inventory stockpiling as a measure to mitigate the effect of this measure.
The United States tariffs are expected to have…
Brazil reverses financial transaction tax
Last month, Brazil enacted a tax on various financial transactions. This Sunday, June 8, the measure was repealed and replaced with another tax package.
According to Finance Minister Fernando Haddad, the revenue shortfall resulting from…
Brazilian Senate launches bill to eliminate presidential reelection
Brazil could eliminate presidential reelection starting in the 2030 elections if a Senate bill seeking constitutional reform on this matter is approved.
The Brazilian Senate proposes ending the reelection of presidents, governors, and…
Brazilian company TuneTraders uses blockchain to detect the use of AI in music
The Brazilian company TuneTraders uses blockchain technology to track original musical works and differentiate them from those created using artificial intelligence.
The company's goal is to reduce the uncontrolled increase in AI-generated…