Brazilian Business Roundup - November 10

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:

??????How the Trump win affects Brazil’s fiscal policy.

The Lula administration was already hesitant about cutting public spending. With Donald Trump winning the U.S. presidency, incentives for Lula to implement austerity diminish, some experts say. Read more

??E-commerce growth in Brazil sluggish after pandemic boom

Online shopping in Brazil hit record sales in 2023, holding steady at 7 percent of retail — unchanged since the Covid surge — with Mercado Libre leading in visits. Read more

??What next for Latin America after the Trump win in the U.S.?

From Javier Milei’s celebration in Argentina to Claudia Sheinbaum’s worries in Mexico, all the reactions after the Republican Party swept presidential and congressional races in the U.S. Read more

??Worth keeping an eye on!

??Support strong for school smartphone ban in Brazil. Read more

??Brazilian art collectors leading purchases in 2024. Read more

??The cost of alcohol consumption in Brazil. Read more

????Gavels for hire? Read more

??Check out this week’s cartoon.

Boosted in part by the Latino vote, Donald Trump emerged victorious in the U.S elections and will return to the White House next year.?

But the billionaire’s triumph has gone down differently across Latin America. Read more

??? On this week’s podcast …

As the U.S. selects its next leader, the choice will reverberate through Latin America, influencing political and economic landscapes across the region. Lucas Berti speaks to @Peter Hakim, president emeritus of The Dialogue. 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.

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??On-the-Fly Headlines

??Brazilians more optimistic about economy, political stability than neighbors. Read the details

??Lula congratulates Trump, calls for “dialogue”. Read the details

???♂?Brazilian chosen as new Interpol chief for first time ever. Read the details

?Politicians gang up on Brazil’s environmental agency over Amazon oil drilling. Read the details

??Did You Know?

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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.