The Wealthiest Person in Brazil [Yahoo! Finance]
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Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
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Source: Yahoo! Finance
Brazil's Economy: An Analysis Brazil is one of the largest countries in Latin America, with a GDP of $2.17 trillion and a population of 216 million as of 2023, according to the World Bank. The country has high international reserves, low external debt, and a stable financial system with exchange rate flexibility. All these factors have helped Brazil become a leading economy in South America. As of 2024, the government has been working towards indirect tax reforms, which will make it easier to do both local and international business due to tax simplification, according to BDO Global. The country's economy saw real GDP growth of 2.9% in 2023, as recorded by the World Bank, driven by high private consumption, low unemployment, and governmental financial assistance to low-income groups. However, growth is expected to fall to 2.5% in 2024. The monetary tightening by the central bank has also lowered growth expectations. On June 20, Brazil's central bank gave its interest rate decisio
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News
- Petrobras pushes Brazil fertilizer plans, weighs $800M for plant - Bloomberg [Seeking Alpha]Seeking Alpha
- KBR Wins Engineering Deal for Petrobras' Atapu & Sepia Fields [Yahoo! Finance]Yahoo! Finance
- Petrobras Signs Concession Contracts for Blocks in the Pelotas Basin [Yahoo! Finance]Yahoo! Finance
- Lula's Green Fuel Law Favors Farmers Over Oil Giant Petrobras [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Global Borrowing Blitz Led by Blue Chips Selling $43 Billion [BNN Bloomberg (Canada)]BNN Bloomberg