Topic
Brazil Economy
10 stories related to this topic, newest first.
rigzone.comfinance64 days ago
Brazil Oil Output Reaches Record 4.24 Million Barrels Per Day in March
Brazil produced 4.24 million barrels of oil per day in March 2026. The increase stems from offshore projects in the Santos Basin. The country is expanding production through investments by Petrobras, Shell, and Equinor.
Abc Newspolitics69 days ago
U.S. Opens Inquiry Into Brazil's PIX Instant Payment System
The Office of the U.S. Trade Representative has opened an inquiry into Brazil's PIX system, citing concerns over unfair competition with U.S. credit card operators. PIX, launched in 2020 and operated by Brazil's Central Bank, processed $7 trillion in transactions last year and is…
abcnews.go.compolitics69 days ago
Brazil Scraps Tax on Imports Valued at $50 or Less
The Brazilian government has eliminated a tax on imports valued at $50 or less. The change reverses a previous policy on low-value shipments. The decision was announced less than five months before a national election.
Bloombergfinance74 days ago
Orange Juice Futures Rise on Outlook for Smaller Brazil Harvest
Orange juice futures in New York climbed after traders received forecasts for a reduced harvest in Brazil. Brazil is the world's top exporter of orange juice. The price move reflects expectations of tighter global supply in the coming months.
order-order.comfinance74 days ago
Brazil IGP-DI Inflation Rises 0.78% in April
Brazil's FGV IGP-DI inflation index rose 0.78 percent year-over-year in April, slightly above the 0.75 percent consensus estimate. The monthly reading climbed 2.41 percent, matching forecasts and accelerating from 1.14 percent in March. The data mark a reversal from the negative…
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Semaforworld74 days ago
Brazil Shortens Work Week from Six to Five Days Amid Region’s Declining Productivity
Brazil has become the latest Latin American country to push for improved worker conditions by shortening the working week. The region has some of the world’s longest working hours, with laborers often exceeding 2,000 hours annually. Output per worker has decreased across much of…
riotimesonline.comfinance76 days ago
Brazil Services PMI Rises to 52.4 in April
The S&P Global Brazil Services PMI increased to 52.4 in April from 50.1 in March, indicating expansion in the services sector. The Composite PMI also rose to 52.4 from 49.9 the previous month. Both readings point to a return to growth after March's contraction in the composite in…
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riotimesonline.comworld82 days ago
Brazil Records Largest Budget Deficit Since Pandemic in March
Brazil reported its largest monthly budget deficit since the pandemic in March, exceeding expectations. The deficit resulted from court-ordered payments and increased stimulus measures ahead of the October election. The government attributed the figures to these factors.
Semaforfinance84 days ago
Embraer Delivers 44 Planes in Q1 2026, Builds $32 Billion Backlog Amid Fuel Efficiency Demand
Brazilian plane maker Embraer posted a $32 billion order backlog at the end of the first quarter of 2026, driven by demand for its E-Jet amid a global jet fuel crunch. The company delivered 44 planes in the period, a 47% increase from the previous year. Embraer, based in São Paul…
citizen.co.zafinance95 days ago
Brazil's Government Plans to Increase Foreign-Exchange-Linked Debt Share
Brazil's government intends to further expand its share of foreign-exchange-linked debt beyond this year's planned increase. Treasury Secretary Daniel Leal stated this in an interview. The move follows the government's expansion plans for the current year.
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