The Brazilian gross domestic product grew compared to the same period last year. Compared to the last quarter of 2023, it rose by 0.8%, above market expectations. Industry and services posted growth, but agriculture was down.
Author: Agência Brasil
Steel-producing companies announced they aim to make these investments by 2028. This comes after a series of measures in favor of the Brazilian steel industry.
Country won vote to host the women’s tournament in 2027. Bid includes ten stadiums. Morocco was the only Arab country to participate in Fifa Women’s World Cup 2023.
Rating agency Moody’s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.
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 accounts 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 supported 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.
