U.S. Treasury Secretary Janet Yellen praised Brazil for its promising role in global supply chains. She urged Brazil to create a welcoming environment for private investments to flourish. Yellen lauded Brazil’s groundbreaking tax reform, highlighting its appeal to both American and global companies seeking operations within Brazil. Marking two centuries of U.S.-Brazil diplomatic ties, she […]
Related Posts
Brazil’s Oil and Gas Sector Poised for Major Investments
Brazil is set to revolutionize its oil and gas sector, expecting over R$500 billion ($101 billion) in investments from 2024 to 2028. These funds will mainly target the Campos and Santos basins, aiming to elevate Brazil on the global energy stage. The Santos Basin will receive 61% of the investment, with Campos getting 28%. This […]
S&P Confirms Mexico’s Stable Economic Outlook
S&P affirms Mexico’s “BBB” rating, expects cautious macroeconomic management amid global challenges. The decision covers crucial periods, including the lead-up to the June national elections, the presidential transition, and the early phase of the new administration. Mexico’s upcoming elections on June 2, 2024, will be the country’s largest in modern history, renewing the presidency and […]
Brazil Emerges as Second-Largest Magnet for Foreign Direct Investment
In the first half of 2024, Brazil solidified its position as a prime destination for foreign capital. The South American nation attracted $32 billion in foreign direct investment (FDI), securing its place just behind the United States. This achievement comes on the heels of Brazil’s strong performance in 2023. The Organization for Economic Cooperation and […]