Financial

The recent appreciation of the US dollar against the Brazilian Real, observed since last Friday’s announcement of Senator Flávio Bolsonaro’s (PL) presidential candidacy for 2026, is expected to have a negligible effect on the Central Bank’s interest rate decision in January. This assessment comes from Leonardo Porto, Chief Economist at Citi Brazil. Speaking to journalists … Read more

The trajectory of Brazil’s monetary policy is under intense scrutiny as the final Monetary Policy Committee (Copom) meeting of 2025 approaches. Financial institutions like XP and Santander Asset Management are providing insights into the factors that will guide the Central Bank’s crucial decision on the Selic interest rate. With inflation showing signs of deceleration, the … Read more

TCU Decides on Restricted Auction for Future Container Terminal at Port of Santos The Administrative Council for Economic Defense (TCU) has ruled that the auction for Tecon 10, a future container terminal at the Port of Santos, will be conducted with restrictions. This decision prohibits operators currently active in the Santos complex from participating in … Read more

Brazilian exporters are facing significant hurdles that are undermining their ability to compete on the global stage. High logistics costs and elevated interest rates are identified as major impediments, according to a recent report by the National Confederation of Industry (CNI). The study, which surveyed companies on 50 different types of obstacles, found that the … Read more

China has achieved a historic milestone, surpassing a staggering $1 trillion in trade surplus for the first time. This remarkable feat underscores the nation’s immense dominance across a vast spectrum of global manufacturing, from cutting-edge electric vehicles to everyday low-cost apparel. The surge in China’s trade performance, as reported by the General Administration of Customs … Read more

Brazilian retail experienced a significant downturn in November, with a **1.7% decrease** in real terms, a stark contrast to the nominal revenue jump of 2.1%. This decline underscores the pervasive impact of inflation, which has offset the record-breaking sales achieved during the Black Friday period. The persistent rise in prices has eroded the purchasing power … Read more

Macron Advocates for Expanded ECB Mandate Beyond Inflation Control French President Emmanuel Macron is urging the European Central Bank (ECB) to broaden its monetary policy focus beyond its primary inflation target. He believes the ECB should consider factors such as economic growth and financial stability in its decision-making process. This call for a more comprehensive … Read more

Rayssa Leal’s Dominance in 2025: A Look at Her Champion Earnings Rayssa Leal, the phenomenal 17-year-old Brazilian skateboarder, once again showcased her extraordinary talent at the Ginásio do Ibirapuera, securing her fourth Super Crown title in the Street League Skateboarding (SLS) series. This remarkable victory not only solidifies her status as a top athlete but … Read more

January Copom Meeting Set to Operate with Two Vacancies, Sources Indicate Brazil’s upcoming monetary policy meeting in January is expected to convene with an unprecedented two out of nine director positions at the Central Bank vacant, according to three sources familiar with the matter. This situation arises from delays in President Luiz Inácio Lula da … Read more

Alckmin Predicts Economic Surge with Falling Interest Rates Brazil’s economic outlook appears brighter as the nation anticipates a significant drop in interest rates next year, according to Vice President Geraldo Alckmin. This optimism comes on the heels of a weaker-than-expected 0.1% GDP growth in the third quarter, a performance attributed by Alckmin to the impact … Read more