Tag: president
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Navigating Brazil’s Legal and Regulatory Landscape: A Guide for Foreign Investors
Investing in Brazil offers attractive opportunities, but it’s essential for foreign investors to understand the legal and regulatory framework that governs their investments. In this blog post, we will explore the important aspects of Brazil’s legal and regulatory environment, including repatriation of funds, taxation, foreign ownership restrictions, and recent policy changes that impact foreign investors.…
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Ibovespa rises 4.57% with record volume
São Paulo – Confirmation of the strengthening of the right wing in Congress and the run-off of the second round of the presidential elections gave the Ibovespa a boost to recover lost levels with the truckers’ strike. With such a large volume that reached an all time record . The Ibovespa ended with a 4.57%…
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Brazil downgraded by S&P – loses investment grade
Standard & Poor’s stripped Brazil of its investment-grade credit rating on Wednesday, making it even harder for President Dilma Rousseff to regain market trust and pull Latin America’s largest economy out of recession. The faster-than-anticipated downgrade, which will likely hit Brazilian financial markets on Thursday, is a major setback for Rousseff as she tries to…
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Ethanol use in Brazil grows with new rules, says Louis Dreyfus unit
Ethanol producers in Brazil are feeling relief from improving demand, prices with tax incentives and an increase in the amount of fuel mixed with gasoline, according to a unit of Louis Dreyfus Commodities. “I’m excited about the prospect of demand for ethanol this year,” said CEO Rui Chammas of Biosev in a telephone interview. “The…
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Long in Brazil? Then Cheer Against it in FIFA’s World Cup
Wait.. What does football has to do with economy or stock investment? And even worse, how come a negative result for the country can be positive for it’s economy? Fair questions. And to answer them, we have to remind that this year is also election year in Brazil and that football is not just one…