Starlink, led by Elon Musk, has declared to Brazil’s watchdog Anatel its refusal to block access to the social media platform X, formerly Twitter. This statement was made public on September 1, 2024. Despite a Supreme Court directive, Starlink won’t act until its frozen assets are released. Carlos Baigorri, Anatel’s president, conveyed this information on […]
Related Posts
Brazilian Pharmaceutical Giant EMS Sets Sights on Global Expansion
Carlos Sanchez, owner of Brazil’s largest pharmaceutical company, aims to transform EMS into a global player. He envisions EMS generating $2 billion in international sales within eight years, matching its domestic revenue. The NC Group, which includes EMS, reported impressive financial results last year. It boasted a total revenue of R$10.6 billion ($1.9 billion), with […]
Economic Uptick Meets Market Headwinds in Brazil
Brazil’s economy kicked off 2024 with a promising 0.8% growth in GDP compared to the previous quarter. This 2.5% year-over-year growth suggests a rebound from the sluggish end to 2023. Yet, despite these encouraging signs, the Ibovespa, Brazil’s primary stock index, faltered, marking its fifth straight decline with a modest 0.19% drop to 121,800 points. […]