Brazilian Business Roundup - February 9'

Brazilian Business Roundup - February 9'

Welcome to your go-to source for the latest in Business and Tech across Brazil and Latin America! Each week, we bring you a curated roundup of the most intriguing stories, ensuring you stay informed and ahead of the curve.?

In just 5 minutes, you'll get a concise overview of the region's key developments, from groundbreaking tech innovations to pivotal business moves. Our mission is to provide you with valuable insights to drive smarter decisions and spark new ideas. Ready to dive into the highlights? Let's get started!


??Here’s our Top Stories:

?? A trade war playbook for Brazil

Brazil must brace for sweeping tariffs from Trump in the US. To mount an effective response, the country will need to be strategic — drawing on its deep well of expertise to navigate the challenge. ?Read more


????Central Bank issues inflation warning

The Central Bank’s Monetary Policy Committee released the minutes of its latest meeting this week, during which it raised Brazil’s benchmark interest rate by a full percentage point to 13.25%. In its statement, the bank echoed market analysts in expressing skepticism that inflation would fall within the target range by mid-2025 — far from it, in fact. Read more


?Government favorable to major airline merger

Shares of Brazilian airlines Gol and Azul soared after Ports and Airports Minister Silvio Costa Filho suggested their proposed merger could receive regulatory approval within a year. In an interview with a government-owned radio station, Costa Filho was careful to note that the final decision rests with CADE, the country’s antitrust regulator. ?Read more


??Worth keeping an eye on!

???? ????Trump flaunts Mexico, Panama concessions as sign of strength. Read more

????Brazil faces power bill hike over Itaipu Dam deficit. Read more

??Brazil’s climate puzzle: A nation of extremes. Read more

??Brazil expands global reach for agricultural exports. Read more


??#ChartsOfTheWeek: The 2026 presidential picture now

A poll released by Quaest this morning suggests that, if Brazil’s 2026 presidential election were held today, President Luiz Inácio Lula da Silva would not face the prospect of being unseated by a right-wing challenger.

Yes, but … The election, of course, is not today — and voter preferences can change a lot until ballots are cast in October 2026. According to Quaest, they have already significantly changed since December. And not in a way that is positive to the government.

  • Amid mounting concerns over inflation and slipping approval ratings, the new poll should raise a few red flags for the government.

State of play. Quaest tested four possible first-round scenarios, with Lula polling between 28% and 33% in each of them. In six hypothetical head-to-head contests, Lula appears ahead of all competitors, with leads varying between 6% and 19%. But that lead has narrowed significantly. In the case of a potential face-off against S?o Paulo Governor Tarcísio de Freitas, Lula appeared just 9 points ahead — down from a 26-point lead a month ago.

A true contender? At the beginning of the year, sertanejo singer Gusttavo Lima expressed his desire to run for president in 2026. Many in the political establishment derided his statement — but, according to Quaest, he would be the most competitive challenger today, losing 41-35 to Lula.??

?? Why it matters. While such polling has little predictive value at this stage, these snapshots help shape political calculations, as key players tend to align themselves with those they see as most likely to secure or maintain power.

  • The weaker a government appears, the more aggressively congressional parties demand concessions in exchange for their support. In recent days, two leaders of the influential Big Center have publicly criticized the Lula administration, signaling that their support now hinges on securing greater control over the federal budget.

??Subscribe now at Brazilian.Report and receive our #ChartsOfTheWeek directly in your inbox!


??? On this week’s podcast …

This week on the Explaining Brazil podcast: Trump’s tariffs shake up Mercosur trade, a yellow fever outbreak puts Brazil on alert, and Lula pushes ahead with Amazon oil drilling. Tune in now for the full story! Listen to the full podcast here!

Every Wednesday, join us for a new episode of the Explaining Brazil podcast — a finalist for the Digiday Media Awards for Best Podcast! Dive deep into Brazil's most pressing issues with expert analysis and engaging discussions. Whether politics, business, or culture, we’ve got you covered.

Don't miss out! Follow us on all major podcast platforms, subscribe, and never miss an episode. Click here to listen now and enjoy! You can also watch it on our YouTube channel here!

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That wraps up this week’s edition. See you next Sunday evening! Subscribe to the Brazilian Business News Roundup, your essential weekly recap to never miss a beat in Brazil’s business environment.

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Founded in 2017, The Brazilian Report is an English-language media outlet uniquely positioned to provide an insider’s view of current affairs in Brazil and Latin America, with a mission to make Latin Americans’ voices heard and become the reference for Latin American news worldwide. An award-winning newsroom, The Brazilian Report has just received recognition for its portfolio of newsletters at this year’s Wan Ifra Awards.

Within 6 years of existence, The Brazilian Report has gained international recognition. It has become the go-to source for several embassies, think tanks, and international news outlets, including Time Magazine, CNBC, BBC Worldwide, Vox, Axios, Radio France, CGTN, among others.

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