In February 2024, Brazil witnessed transformative changes in its agricultural trade, responding effectively to both global economic shifts and environmental challenges. This period illustrated the nation’s agility in adapting to an evolving agricultural landscape, leveraging both innovative technologies and strategic insights. Corn exports diminish amid market realignments Brazil’s corn exports saw a notable decrease, with […]
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Brazil’s Purchasing Power Plummets Over a Decade
Over the past decade, Brazilians have seen their purchasing power nearly halve as rising product prices outpace wages. Initially, 100 Reais ($20) could easily cover a basket of 13 basic groceries. Now, that same amount struggles to purchase half as much. The official inflation measure, IPCA, surged by 88% over these years. In contrast, average […]
Brazil experiences first scientific production decline since 1996
A recent study indicates that Brazil’s production of scientific articles experienced a 7.4% decline in 2022, marking the country’s first such downturn since 1996. This rate of decline, the steepest among the 51 countries surveyed, matches that of Ukraine, a country facing wartime conditions throughout most of 2022. The data, gathered by Agência Bori and […]
First Oil Block Auction Ends Well, Says Guyana’s VP
Guyana’s VP Bharrat Jagdeo declared the first oil block auction a “success,” as the government received offers for eight out of the 14 available blocks. Jagdeo said they would review all bids by the end of the year. According to him, the eight blocks attracted 14 bids from six companies. Jagdeo also mentioned that the […]