Brazilian Business Roundup - November 17

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:

????Brazil’s complicated and unequal tax system favors millionaires

A new study shows that Brazil’s wealthiest pay tax rates similar to low-income earners due to systemic loopholes. Read more

??Regulator sets rules for Brazil’s first flying car

Aviation regulators published requirements for the eVTOL aircraft developed by Embraer’s Eve, bringing it closer to certification. Read more

????Credit crunch hitting Brazil’s would-be homeowners.

Despite Brazil’s booming real estate market, access to housing credit is tightening for the middle class — households that do not qualify for subsidy programs yet feel the weight of current market pressures. Read more

??Worth keeping an eye on!

??G20 Social Summit aims to give civil society a seat at the table. Read more

??The state of vegetarianism in Brazil. Read more

??Indigenous leader demands Lula keep his word on demarcations. Read more

??Brazil’s favela population sees a significant increase. Read more

??Check out this week’s cartoon.

Less than a day after a man died in a failed bombing attack outside the Supreme Court headquarters in the capital Brasília on Wednesday evening, Brazil is still in shock.?

Security camera footage showed Francisco Wanderley Luiz, 59, a locksmith and failed city council candidate from the southern state of Santa Catarina, advancing toward the Supreme Court building while holding explosives, drawing the attention of security guards. Read more

??? On this week’s podcast …

In this To Be Read episode, journalist Marcos Colón talks to Isabela Cruz about the existential crisis that criminals, multinationals and the state have imposed on the Amazon and its people, and what can be done in this fight for life. He talks about his book "The Amazon in Times of War,” written in English and recently published by Latin America Bureau and Practical Action. 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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??On-the-Fly Headlines

?Brazil-Argentina shale gas deal reportedly close to completion. Read the details

???? Brazil and China discuss anti-corruption cooperation. Read the details

??Brazil’s inflation outlook getting worse, will keep monetary policy tighter. Read the details

??Brazil’s top prosecutor calls for online gambling ban. Read the details

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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.