Brazil

China woos Latin America with $9bn credit line amid Trump trade tensions

bne IntelliNews May 13, 2025

China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.

Brazil's Lula leverages US-China tensions for investment windfall during Beijing visit

bnl Sao Paulo bureau May 12, 2025

Brazilian President Luiz Inácio Lula da Silva has begun a five-day state visit to China, seeking to deepen economic and diplomatic ties with Beijing amid growing US-China trade tensions.

Brazil poised to challenge China's rare earth dominance

bnl Sao Paulo bureau May 12, 2025

Brazil could emerge as a major competitor to China in the strategically critical rare earths market amid escalating global trade tensions and surging demand for these essential elements in high-tech manufacturing.

Brazil courts Moscow with nuclear and defence pacts as Europe rallies behind Ukraine

bne IntelliNews May 10, 2025

Brazil and Russia are pursuing extensive cooperation on nuclear technology, military hardware and space exploration, as President Lula da Silva dismissed European criticism of his attendance at Vladimir Putin's Victory Day celebrations.

Venezuelan dissidents escape Argentine embassy after year-long standoff in Caracas

bne IntelliNews May 7, 2025

Five Venezuelan dissidents who had sought refuge in Argentina’s embassy in Caracas have escaped the country after more than a year in hiding, in what sources described as a covert military operation led by the United States.

InDrive pioneering a sustainable "fair" ride-hailing business

Ben Aris in Cairo May 6, 2025

The Siberia-born InDrive ride-hailing service is doing something special. It cut margins, offers the cheapest prices possible and is generous to its largely freelance staff. IIt is pioneering a new "fair" business model that works.

Brazil's Lula stakes peace broker role in Moscow visit

bne IntelliNews May 6, 2025

Brazilian President Luiz Inácio Lula da Silva will arrive in Moscow later this week for talks with President Vladimir Putin and to attend Russia's Victory Day May 9 celebrations.

COMMENT: Trump’s tariff drive hits emerging markets as growth and inflation forecasts slide – Oxford Economics

bne IntelliNews May 6, 2025

President Donald Trump’s aggressive trade policies are already casting a long shadow over emerging market economies, with analysts cutting growth forecasts and warning of prolonged investment uncertainty and policy disruption.

Brazilian police foil bomb plot targeting Lady Gaga's 2mn people Rio concert

bne IntelliNews May 5, 2025

Brazilian police have thwarted what they described as a planned bomb attack at Lady Gaga's free concert on Copacabana Beach, which attracted a record-breaking crowd of 2.1mn people on May 3.

Global press freedom indicator slips – Statista

Katharina Buchholz for Statista May 4, 2025

This year's World Press Freedom Index highlights the economic situation of journalists and media organizations being a major risk to press freedom.

ECLAC cuts Latin America growth forecast amid global uncertainties

bne IntelliNews April 30, 2025

The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.

BRICS seeks new global alignment at Rio ministerial summit

bne IntelliNews April 29, 2025

The expanded BRICS alliance has emerged as a potent diplomatic force at its foreign ministers’ summit in Rio de Janeiro on April 28 ahead of the July meeting.

Global military spending surges to $2.7 trillion – Statista

bne IntelliNews April 29, 2025

Global military spending hit $2.7 trillion last year, according to the latest data by the Stockholm International Peace Research Institute (SIPRI), Statista reports.

China and EU step up climate leadership as Trump left out of pre-COP30 talks

bne IntelliNews April 29, 2025

Leaders of more than a dozen countries, including China’s President Xi Jinping and European Commission President Ursula von der Leyen, gathered virtually last week for high-level climate talks ahead of the Brazilian COP30.

LatAm set to be world's slowest-growing region as World Bank slashes forecasts

bne IntelliNews April 24, 2025

Economic expansion for region projected to be slowest globally as external pressures mount

IMF: Enhancing financial stability for resilience during uncertain times

IMF blog April 24, 2025

Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions that intermediate them are critical.

IMF: Global debt to exceed pandemic levels soon

Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro for the IMF April 24, 2025

Global public debt is set to rise to 95% of GDP this year and will continue to climb in the next years to top 100%, says the IMF.

Ukraine recalls ambassador to Brazil as tensions grow over Lula's Moscow visit

Victor Alves April 23, 2025

Ukraine has recalled its ambassador to Brazil without naming a successor, leaving its embassy in Brasília under a chargé d’affaires until at least 2026, the foreign ministry confirmed.

Rising CO2 and temperatures make rice more toxic – The Lancet

bne IntelliNews April 23, 2025

Rice, the most widely consumed grain in the world, is likely to become increasingly toxic as global temperatures and carbon dioxide levels rise, according to new research published in The Lancet on April 17.

IMF: Global growth is expected to decline and downside risks to intensify as major policy shifts unfold – WEO

bne IntelliNews April 23, 2025

After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates, the International Monetary Fund said in its latest World Economic Outlook.

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