This week focuses on key global economic events, including Brazil’s first inflation data of 2024 with the IPCA-15 index. Additionally, President Luiz Inácio Lula da Silva’s recent meeting with China’s Foreign Affairs Minister Wang Yi underscored Brazil’s commitment to the ‘One China’ policy. This meeting is crucial in the lead-up to Chinese President Xi Jinping’s […]
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São Paulo Surges Ahead: A New Leader in Brazil’s Agricultural Exports
São Paulo has emerged as Brazil’s top agricultural exporter in 2024, surpassing the traditionally dominant Mato Grosso. The state’s exports grew by 9.2% from January to September 2024, reaching US$22.69 billion. This achievement accounts for 18% of Brazil’s total agricultural exports, edging out Mato Grosso’s 17.3% share. The success stems from São Paulo’s leadership in […]
Lula’s budget proposal anticipates 2.3% growth in 2024
The Lula government is anticipating a 2.3% increase in the economy in 2024, as per the budget proposal submitted to Congress. This forecast is part of the official Annual Budget Law Project (PLOA), which also includes a 2.5% growth projection for the current year. The PLOA is based on the Budgetary Guidelines Law (LDO), which […]