Global Scans · Brazil · Weekly Summary

WHAT'S NEXT?: A recession in Brazil is expected to bottom out with growth turning positive starting in 2017. Its economy is expected to require a long period of fiscal and monetary adjustment after the political turmoil and public discontent of the last two years.

• [New] Global demand for generation equipment is rising, driven by projects such as data centers, and that delays by the Brazilian government in defining new tenders could compromise future equipment availability. BNamericas
• [New] The grain exchange could provide importing countries, including China, India, Egypt, South Africa, and Brazil, with more predictable and reliable access to food. All About Feed
• [New] Ride Offers will operate under Uber Advertising and be accessible to riders in New Zealand, Australia, Mexico, Brazil, the United Kingdom, Canada, and the United States. Insider Monkey
• [New] In the U.S., Manufacturing PMI and Existing Home Sales will indicate industrial and consumer demand, affecting Brazil's oil, metal, and protein exports. The Rio Times
• [New] Brazil, grappling with higher inflation due to commodity export reliance, highlights the risks of over-dependence on global markets. Indonesia Economy Watch
• [New] US corn production for 2025-26 is forecast to rebound 3.8 pc to a record 1.26 billion tons, led by gains in the US, Brazil, China, the EU, South Africa, and Ukraine. Grain Central
• [New] A COP 30 host country's press release notes that among other COP 30 outcomes, Brazil's incoming Presidency expects a 'Baku-Belem Road Map,' detailing the steps needed to reach USD 1.3 trillion by 2035 in climate finance, as required by new collective quantified goal on climate finance. IFC Review
• [New] As OPEC, led by Saudi Arabia, and other countries, including Kazakhstan, Brazil, and Guyana, ramp up oil production, the world is simultaneously consuming less crude oil than previously expected. Yahoo Finance
• [New] Brazil is expected to remain the world's top cotton exporter with 14.0 million bales, followed by the United States at 12.5 million bales. Textile Insights - Delivering Inspiring Information
• [New] Brazil is considering lowering the maximum weekly working hours from 44 to 40, Colombia is gradually reducing its weekly limit from 48 to 42 hours by 2026 and Mexico is planning to reduce working hours from 48 to 40 hours and to shift from a six-day to a five-day work schedule. Lewis Silkin
• [New] The Central Bank of Brazil has increased its policy rate by 25 basis points to 15% and suggested it will stay there for a prolonged period - thereby marking a pause, and perhaps an end, to its rapid tightening cycle. Central Banking
• [New] In the Northern Hemisphere, the sowing campaign is already underway and looks favorable, but for South American countries such as Brazil and Argentina, weather will be a key factor in determining the final harvest results. UkrAgroConsult
• [New] At COP 30, Brazil and other nations plan to launch the Tropical Forest Forever Facility, a USD 125 billion initiative to fund tropical forest conservation in eligible Global South countries. Reccessary
• [New] Certain emerging markets - Brazil, Indonesia, and India - are leading growth in biofuel production through mandates and incentives, primarily in road transport, which is expected to increase fuel demand by 27 billion liters. ORF America
• [New] While there is substantial evidence that the available sustainable feedstocks could triple biofuel production by 2030, over 80% of that production occurs in only four countries: the United States, Brazil, Europe, and Indonesia. ORF America
• [New] Brazil, Saudi Arabia, South Africa, and the United Arab Emirates are expected to witness increasing demand due to expanding healthcare access and rising incidence of chronic illness. Market.us Media
• [New] Countries Projected to Decrease Defence Budgets: Countries projected to decrease defence budgets include the United Kingdom, Canada, Australia, Brazil, and Italy. SleepBloom
• [New] Brazil and Mexico are leveraging their solar and wind potential, while the UAE and South Africa are emerging markets investing in decentralized power for greater energy diversification. LinkeWire
• [New] So far, Brazil has experienced favorable weather conditions, making it likely that it will achieve its estimated record soybean production this year. Chinese demand for soybeans drops in 2025
• [New] Latin America: Countries like Brazil and Argentina face hyperinflation risks, prompting private stablecoins pegged to USD or BRL to gain traction. Dzilla Pte. Ltd. - dzilla Wallet, Calculator, Media - d
• [New] For patients younger than 20 years, India will have the most cases, at 307,000, followed by 198,000 in the US; 120,000 in China; 101,000 in Brazil; and 72,000 in Egypt. AJMC

Last updated: 01 July 2025