In 2023, Brazil’s tourism sector achieved a significant rebound, signaling a strong recovery from the pandemic. In November, the industry hit a ten-year high for the month, earning R$ 40.93 billion ($8.27 billion). This surge, surpassing 2022’s figures, reflects Brazil’s efforts to reinvigorate its tourism appeal post-pandemic. From the start of the year until August, […]
Related Posts
OPEC+ Postpones Production Increase as Oil Prices Falter
The Organization of Petroleum Exporting Countries (OPEC) and its allies have delayed a planned production increase. This decision comes as oil prices continue to struggle amid weak global economic prospects. The group announced the postponement on Sunday through a statement on OPEC’s website. OPEC+, led by Saudi Arabia and Russia, had intended to boost production […]
Shifting Winds in Brazil’s 2024 Farming Exports
In 2024, experts expect a drop in Brazil’s grain exports. Despite this, revenues might not fall. In 2023 and prior years, Brazil’s grain exports consistently grew, positioning the country as a key global supplier in the agricultural market. Analysts believe price adjustments in most commodities and rises in some agricultural sectors will balance out the […]
Brazil’s Job Market Soars in January 2024
In January 2024, Brazil saw a remarkable job creation surge, adding 180,400 formal positions. This doubled the previous year’s figure, showcasing a significant economic upturn. The Ministry of Labor and Employment shared these insights on March 15, indicating a much stronger performance than market analysts had predicted. This period traditionally brings a positive shift in […]