The OECD predicts a 1.8% increase in Brazil’s GDP for 2024, following strong years in 2021 and 2022. In those years, the GDP grew by 4.8% and 3%. Inflation should also settle at 3.2%. This rate closely matches the National Monetary Council’s goals. Unemployment has fallen to its lowest since 2015. This drop is due […]
Related Posts
Braskem Reports Strong Domestic Sales Amid Weaker Exports in Q3 2024
Braskem (BRKM5) recently released its production and sales report for the third quarter of 2024. The company experienced a notable increase in domestic sales, while exports faced significant declines. The report highlighted a 14% rise in sales compared to the previous quarter and a remarkable 31% increase year-over-year. This growth primarily stemmed from improved product […]
A Milestone in Architecture for Africa
Lesley Lokko, a Ghanaian-Scottish architect, has achieved a historic feat by winning the 2024 Royal Gold Medal for Architecture. This award, one of the highest in the architectural world, is presented by the Royal Institute of British Architects (RIBA). Lokko’s recognition is not just a personal triumph but a symbol of changing tides in the […]
Driving Forward: The Dual Faces of Brazil’s Automotive Sector
In March 2024, Brazil’s automotive industry witnessed a 3.2% month-over-month increase in vehicle production, reaching 195,751 units, a high point for the year. This reflects the industry’s capacity to adapt and strive in a competitive international market. The sector experienced an 11.8% drop in production from the previous year. This decline highlights the impact of […]