Category: Economy

In the rapidly developing global gig economy, where long-term economic relationships are being replaced by short-term “gigs,” carsharing (instead of car ownership) is becoming a very popular option. While personal mobility is as important as it has always been, owning a car seems increasingly unnecessary. In major urban centers, the growth of ride-hailing, ride-sharing, and…

Brazilian exports grew well above the world average last year, after falling for five consecutive years. Data released by the World Trade Organization (WTO) shows that Brazil’s external sales reached 17.5% in 2017.

The São Paulo Stock Exchange (B3) topped the global performance ranking in the first quarter of 2018, with the Ibovespa recording an increase of 8.65%.

Fruit exports of dried and processed varieties increased by 14.4% in the first two months of the year compared to the same period in 2017, according to numbers released by the Brazilian Association of Producers and Exporters of Fruits and Derivatives (Abrafrutas). The revenue totaled US$ 98.1 million during the period, a rise of 18.3%…

The recognition of Brazil as a foot-and-mouth disease-free country with vaccination will expand the markets that accept Brazilian meat, said Agriculture Minister Blairo Maggi (photo) on April 5. The World Organisation for Animal Health (OIE) will officially grant the status in May. “The great recognition we received paves the way for new markets where we…

With the support of the Brazilian government, including through agricultural credit and research incentives, Brazilian agribusiness has become the most efficient in the world. Data from the U.S. Department of Agriculture confirms the country’s strong productivity compared to other economies, an advantage that has been crucial in driving Brazil’s Gross Domestic Product (GDP) growth. According…

With the measures taken by the Brazilian government already showing positive effects on the economy, business leaders in the commerce sector claim that the time is right for the resumption of investments in the country. Brazil has entered a new cycle of opportunities, they said. “It is worth investing in Brazil. Brazil continues to be…

Essential for Brazilian agribusiness, soybeans are expected to continue being a strong engine for national agricultural production in 2018. Estimates from the Brazilian Association of Vegetable Oil Industries (Abiove) point to record numbers in both production and exports of the grain.According to the entity, Brazil is expected to produce 114.7 million tons of soybeans this…

The Minister of Planning, Development, and Management, Dyogo Oliveira, has assumed the presidency of the Executive Council of the Development Bank of Latin America (CAF) for a one-year term. This is the first time Brazil occupies the highest position in the bank’s Executive Council. The mission of CAF is to promote development and regional integration…

In the accumulated month, the Brazilian trade balance exceeded US$ 3.4 billion. In the third week of February, the trade balance recorded a surplus of US$ 808 million. Thus, the performance of the Brazilian trade balance, which is the result of the difference between exports and imports, already totals US$ 3.434 billion, according to the…