After withstanding a six-day downturn, Brazil's Ibovespa index rose, achieving a 1.23% rise to 122,898.49 points-- a significant gain of nearly 1,500 points.At the same time, the Brazilian real strengthened, valuing to R$ 5.24 against a weakening dollar.Furthermore, rates of interest on future contracts fell, igniting events in financial
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In May, Brazil saw a trade surplus of $8.534 billion, though this figure reveals a sharp 22.3% drop from the previous year's $11 billion.The decline shows broader financial shifts affecting the nation's trade dynamics.Export revenues fell to $30.338 billion, a 7.1% decline from in 2015, while imports edged up a little by 0.5% to $21.804
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In 2015, the Fundo Dam in Brazil burst, unleashing a flood of poisonous mud over towns and into important waterways.Responsible for this disaster, mining giants Samarco, Vale, and BHP now deal with a R$ 109 ($21) billion demand from the Brazilian government and the states of Minas Gerais and Espírito Santo.This proposed settlement is not just a figure
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China’s State Power Investment Corporation announced a R$780 million ($147.41 million) investment in two new Brazilian wind farms.

Located in Rio Grande do Norte, these wind farms will provide 105.4 megawatts (MW) of power.

Construction is set to begin in January 2025, with operations starting the following year.

SPIC is also making waves in the

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In the first quarter of 2024, Latin America’s exports experienced a growth of 1.3% compared to the same period in 2023.

This increase follows nearly a year of declining exports and occurs despite price volatility in key regional commodities.

The outlook for the region’s trade performance has improved significantly. Looking ahead, the balance of r

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This Thursday, Brazilian firms Eletrobras and Petrobras advanced their sustainable energy initiatives and international partnerships.

Eletrobras (ELET3) plans to secure up to R$10.9 billion (about $2 billion) through various funding strategies.

Eletrobras is securing R$4 billion from Citibank N.A. and launching R$2 billion in commercial promissory

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  1. [Brazil] - Zamp to Acquire Starbucks Brazil: A Major Move in the Fast Food Industry
  2. [Brazil] - U.S. Dollar Hits 15-Month High Against the Real
  3. Political Tumult Hits Argentina's Markets: Bonds Drop and Risks Soar
  4. Colombian Coffee’s Remarkable Revival
  5. [Brazil] - Goldman Sachs Revises Outlook: Upgrades RUMO and Localiza, Downgrades WEG and CCR

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