For the first time, financial experts predict Brazil’s economy will grow 2.92% in 2023. A Central Bank survey reveals that this beats the 2.90% rate expected for 2022. Last week, the estimate stood at 2.89%. This marks the fifth consecutive week of positive revisions. At the year’s start, analysts forecasted just 0.60% growth for 2023. […]
Related Posts

Unfulfilled USMCA promise: China’s influence grows as manufacturers choose Mexico over the U.S.
Three years after the implementation of the United States-Mexico-Canada Agreement (USMCA), tensions with China have brought the trade bloc into focus. The original goal of attracting manufacturers to the U.S. has not been fully achieved. Despite stricter requirements for tariff-free trade, many companies are still choosing to produce in Mexico due to lower labor costs, […]
Dominican Republic Hits Tourism Record
The Dominican Republic welcomed its 10-millionth visitor at Punta Cana International Airport, celebrating a significant tourism milestone in 2023. This accomplishment not only bolsters the economy but also concludes the year with outstanding performance. The country, having welcomed 7.16 million tourists in 2022, now ranks as a top destination in Latin America and the Caribbean. […]
Foreign Investors Return to Brazilian Stock Market as Fed Signals Rate Cuts
In a surprising turn of events, Brazil’s stock market has become a magnet for foreign investors. The country witnessed a staggering influx of R$10 billion ($1.78 billion) in August 2024 alone. This surge marks the second consecutive month of positive net investment after a six-month drought. The Ibovespa, Brazil’s main stock index, climbed an impressive […]