Gerdau, a Brazilian steel company, faces an unexpected challenge in its American operations. The company’s strong presence in the United States, once considered a major asset, may now become a liability. This shift comes in the wake of recent developments in the American steel market. Nucor, a prominent American steel producer, has made a significant […]
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Brazil’s Growing Household Debt Remains Below U.S. Ratios
The National Confederation of Trade in Goods, Services, and Tourism (CNC) reports an increase in Brazilian household debt from November to December 2023. However, there was a small decrease in the number of late payments. 2023 was the first year since 2019 to see a drop in yearly debt. Still, as the CNC’s Consumer Indebtedness […]
