HomeEconomy

Economy

Economy Feb, 21, 2024 0

Brazil records USD 1.56 bn surplus in the 3rd week of February

Brazil’s trade balance recorded a surplus of US$ 1.56 billion in the third week of February. This figure stems from US$ 4.97 billion in exports and US$ 3.41 billion in…
Economy Feb, 20, 2024 0

Commercial Pragmatism to prevail over Brazil-Israel Diplomatic Deadlock

President Luiz Inácio Lula da Silva’s controversial statements, likening Israeli attacks on the Gaza Strip to the Holocaust, have stirred turbulence in Brazilian foreign policy and sparked diplomatic tension between…
Economy Feb, 20, 2024 0

Brazil unlocks two new markets in Australia and Costa Rica

Brazil’s government welcomed sanitary approvals for imports issued by Australia and Costa Rica. These permissions entail seafood purchases by Australia and the entry of therapeutic products based on mesenchymal stem…
Economy Feb, 19, 2024 0

China’s Exports to Emerging Economies Surge As Alternative to the U.S

Last year, in the face of a protectionism surge in traditional markets, namely the American and European markets, China redirected its ships and cargo trains to other regions. Its largest…
Economy Feb, 19, 2024 0

Argentina Simplifies Import Procedures of Electrical Materials

The Argentine government, specifically, the Ministry of Commerce, has implemented a measure to streamline imports of electrical materials bound for the domestic industry in a bet to address the issue…
Economy Feb, 16, 2024 0

Brazil has record food exports to Africa

Africa, a continent currently being visited by former President Luiz Inácio Lula da Silva, is ramping up its food imports from Brazil. In 2023, these imports soared to a staggering…
Economy Feb, 15, 2024 0

SMEs to have access to dollar exchange to pay commercial debts in Argentina

About 10,000 micro, small, and medium-sized enterprises (SMEs) with commercial debts of up to US$500,000 will be able to access the Single and Free Foreign Exchange Market (MULC in Spanish)…
Economy Feb, 14, 2024 0

Brazilian exports lose ground among largest economies

Despite achieving record Brazilian exports and a surplus in 2023, Brazil remains a relatively minor supplier to the world’s 10 largest importers. Among these countries, only China includes Brazil in…
Economy Feb, 09, 2024 0

Brazil Secures New Export Authorizations for Açaí and Lamb Products

Brazil has just received two new authorizations from Indian and Singaporean health authorities for the exportation of its products. In India, the market has been opened for açaí powder, while…
Economy Feb, 09, 2024 0

FT: China to export deflation to the world as economy stumbles

Global investors expect falling prices in China to push down inflation rates worldwide this year, as excess capacity in its slowing economy prompts Chinese exporters to cut prices on goods…