In June, the Industrial Confidence Index (ICI) climbed for the third month straight, rising by 0.4 points to 98.4. This growth is part of a trend reflecting a broader recovery in the industrial sector, despite some ongoing challenges. The Fundação Getúlio Vargas (FGV) released these findings on June 26. On a quarterly moving average basis, […]
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Lula pledges Brazil’s commitment to Mercosur-EU trade deal
During the opening session of the European Union-Latin America Business Forum in Brussels, Belgium, Brazil’s President Luiz Inácio Lula da Silva confirmed Brazil’s commitment to the trade agreement between Mercosur and the EU. The commitment includes adherence to environmental preservation, a significant requirement from the EU. Lula emphasized the country’s strategy for long-term development based […]
Tourism Fuels 20% of Brazil’s New Jobs
Recent Caged data reveals that of the 220,844 jobs created nationwide in August 2023, 23,600 were in tourism. The Ministry of Labor and Employment announced the figures. Jobs in Lodging and Food led the way with 14,500 new positions. Next, Road Passenger Transportation added 2,600 jobs. Arts and Culture followed with 2,200 new roles. Tourism […]
