Rating agency Moody’s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.
Author: Agência Brasil
Over half of Brazilian extractive and transformative industries introduced a new product or process in 2022. Machinery and equipment manufacturers were the most innovative.
Revenue of tourism-related enterprises and services grew by 7.8 percent in the Latin American country in the past year. Sectors with the best performances included hire of means of transport.
Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume s for 15% of Brazil’s phosphate output.
Brazilian oil giant posted in 2023 the second-best result in its history, despite a fall from a year earlier. Record highs in output ed the result.
Brazil’s G20 sherpa Mauricio Carvalho Lyrio said that the country has made upgrading global governance and mechanisms for peacebuilding a top priority. Foreign ministers from the G20 group are gathered in Rio de Janeiro from Wednesday to Thursday (21 and 22).
The president of Brazil landed in Cairo, where he will have appointments starting from Thursday (15th). Luiz Inácio Lula da Silva is meeting Egyptian leader Abdel Fattah El-Sisi and visiting the head office of the Arab League.
A study by Brazilian agency Embrapa points out that Brazil nuts drive payments for environmental services in North Brazil, thus boosting local growth.
A group of 32 Brazilians and relatives from the Gaza Strip in Palestine await an aircraft to transport them from Cairo to Brazil. The government initiative is part of the Returning in Peace operation.
Brazilian energy firm had its credit rating raised to BB by rating agency S&P, indicating a higher security for investors.
Ports and Airports Minister Silvio Costa Filho announced the first step of the air transport program in Brazil, with an increase in the number of airports and a reduction in ticket prices.
For the first time, the Brazilian government will head the group of the world’s largest economies.
A survey by the Brazilian Confederation of Industry (CNI) showed that among industrial companies in the country, 89% have measures in place to reduce solid waste. They also optimize energy consumption and water use.
The Brazilian oil company announced its 2024 – 2028 strategic plan with low-carbon projects. President Jean Paul Prates said the energy transition would be carried out responsibly without compromising the oil production still needed to meet global demand.
