Yesterday, President Lula launched the “Terra da Gente” program, marking a pivotal change in Brazil’s agrarian reform policy. Amidst MST land invasions, the land reform seeks to strategically settle land disputes with what is called ‘reduced conflict’. Lula touted the plan as a contemporary solution to an old problem, focusing on streamlined land identification for […]
Related Posts
Brazil’s Week of Cultural and Historical Reflections
This week, Brazil marks several important dates, including the widely celebrated Black Awareness Day on November 20, observed in over 1,260 cities and six states. The day honors Zumbi dos Palmares, symbolizing the fight against slavery and the pursuit of racial equality. Additionally, November 19 is the National Day of the Cordel Poet in Brazil, […]
IMF Declares Brazil the Economic Powerhouse of Latin America
Brazil’s economic stature as the powerhouse of Latin America in 2023 is firmly established by the International Monetary Fund (IMF), outpacing Mexico and Argentina. The IMF’s World Economic Outlook forecasts Brazil’s GDP at an impressive $2.13 trillion, significantly ahead of Mexico’s $1.81 trillion and Argentina’s $621.83 billion. The Global Financial Stability Report adds context, highlighting […]
Petrobras records 3.1% increase in oil production in the first half of 2023
In the first half of 2023, Brazil’s Petrobras revealed a 3.1% growth in its oil and natural gas production, averaging at 3.71 million barrels per day (mbpd), compared to the same period in 2022. The company’s Q2 average daily production rose to 3.69 mbpd, a 3.9% increase from 2022, albeit a 1.4% decrease from Q1 […]