Category: Geopolitics

Information about international affairs that can impact the Brazilian economy.

99% of deforestation in Brazil in 2019 was done illegally

According to data from Mapbiomas, 99% of the deforestations that happened in 2019 in Brazil were done illegally, which placed the country in the first place of deforestation in the world. According to the report, Brazil lost 12,000 km2 of native vegetation in 2019, which means that deforestation in the country is advancing 1.5 km2 per hour.

Green debentures will generate $34.7 bn for clean energy

The Ministry of Mines and Energy said that the green debentures launched by decree last Friday will boost investments of more than R$ 170 billion ($ 34.7 billion) by 2029 in renewable energy sources, adding 36 thousand megawatts of installed capacity in the system. According to the MME, green debentures will give new impetus by creating more favourable financing conditions.

Against the world, Brazil may increase carbon emissions in 20%

The fall in global economic activity will make the world reach the goal of reducing gas emissions stipulated by the Paris Agreement. The estimate is that the volume of carbon discharged into the atmosphere will drop 6% globally. Brazil may go against this trend. An analysis made by the Climate Observatory points to an increase of up to 20% in Brazilian emissions, in 2020. The reason is the growth of deforestation in the country.

EMBRAPA records social profit of $ 7.6 bn in 2019

Embrapa’s announced on Monday that the social profit was R$ 46.49 billion ($ 7.6 bn) in 2019. “Each Real placed in Embrapa’s budget in 2019 returned R$ 12.29 ($ 2) to Brazilian society” The amount was obtained from the analysis of the economic impact of 160 technological solutions and 220 activities developed by the company, which obtained net operating revenue of R$ 3.78 billion ($ 630 million) last year.

American Airlines cancels all flights to Brazil until May

American Airlines decided to suspend 75% of its international flights, including all routes to Brazil, for 51 days, counting from this Monday (16). The decision comes in response to the decreasing demand for flights and amid restrictive measures adopted by the American government due to the advancement of the coronavirus. The country closed its borders to European countries and recently declared a state of national emergency.

Brazil signs military development agreement with US

Brazil and the United States signed an agreement in the military area to develop future projects. The Research, Development, Test and Evaluation Agreement (RDT & E) will cover the way for improving or providing new military capabilities. The Brazilian government hopes to facilitate its access to the North American defence market, as well as to enable the entry of Brazilian products in 28 other NATO countries.

Military agreement between Brazil and the US expects partnerships of $96 billion

Brazil and the United States closed an unprecedented military agreement that could help open the largest defence market in the world to the Brazilian industry. The text still needs to pass through the Congress of the two countries and expects partnerships supported by a fund of $96 billion. Itamaraty’s expectation is for a quick process that could allow the US to launch rockets from the Alcantara (Maranhao) base in about six months.

Brazilian startups create model in which sponsors fund donations from individuals to NGOs

A new business model created by Brazilian startups allows people to donate money to social causes without spending a cent. This is possible thanks to partnerships between these companies and sponsors. The application converts the money generated with digital ads into donations for four NGOs, with a focus on access to clean water, food, medicines and basic health. Through the App, the user receives news with a positive content and when accumulating this fictitious money, the user can choose which of the four NGOs he wishes to donate.

Carnaval 2020 expected to inject $2 billion into Rio’s economy

The extended holiday is expected to generate R$8 billion ($2bn) billion in tourism-related activities this year, estimates the National Confederation of Goods, Services, and Tourism (CNC). If confirmed, the turnover represents a one percent real increase over the same period last year and the highest figure since 2015. According to the CNC, “the gradual rebound of economic activity”, low inflation and a stronger dollar against Brazilian real should favour a greater inflow of tourists.