Brazil's trade deficit with the United States: an unequal relationship: Despite being one of the largest economies in Latin America, Brazil maintains an unbalanced trade balance with the United States. According to data released by O Globo, in 2024 Brazil imported about $ 44 billion in American products, while Brazilian exports to the US added only $ 42 billion. That is, the country closed the year with a commercial deficit of approximately $ 2 billion. This result puts Brazil among the few business partners that maintain an unfavorable relationship with the United States. In practical terms, it means that Brazil buys more than it can sell to the US market, something that aggravates external dependence and reduces the competitiveness of national industry. In addition, the deficit occurs even in sectors where Brazil has export tradition, such as agribusiness and mining. Factors such as technical barriers, sanitary requirements and, especially, Trump's tariff wars...
BRICS advocates new means of payments and new members meet in Rio de Janeiro to boost alliances in the Global South
Rio de Janeiro, one of Brazil's most symbolic cities, was the setting for a historic meeting between the BRICS countries, which now includes new strategic members. At a time when the world is undergoing intense geopolitical and economic transformations, the BRICS are advocating for new means of payment and new members are meeting in Rio de Janeiro with the clear mission of strengthening ties between emerging nations and proposing real alternatives to traditional models of global trade and finance. This meeting marked the beginning of a new, more inclusive and representative phase, with a focus on strengthening the Global South. What is BRICS and why is this meeting important? BRICS is a group originally formed by Brazil, Russia, India, China and South Africa. Together, these nations represent a significant portion of the global economy, the world's population and the planet's natural resources. The big news, however, is the entry of new members into the group. With this, ...