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WHAT'S NEXT?: A recession in Brazil is expected to bottom out with growth turning positive starting in 2017. Its economy is expected to require a long period of fiscal and monetary adjustment after the political turmoil and public discontent of the last two years.

  • Latin America, including countries like Brazil, Mexico, and Argentina, presents growth opportunities fueled by industrial growth, infrastructure development, and investments in renewable energy and healthcare sectors. InvestorsObserver
  • A continuation of the heavy northern Brazilian rain would pose crop quality risk and slow the winter corn seeding program. MarketScreener
  • Biodiesel consumption is expected to increase primarily in Brazil, Indonesia, and Brazil, driven by increased blending requirements and rising diesel demand. FastMarkets
  • Due to the rapidly growing pet ownership, vendors have high opportunities in the US, China, India, Brazil, South Korea, the UK, and Spain. MedGadget
  • In summary, Brazil's economic outlook for 2024 presents opportunities peppered with risks, mainly related to the credibility of the tax reform, the evolution of fiscal measures, and the effects of the global economy. Deloitte Insights
  • Guyana is second only to Brazil in the number of new FPSO projects set to commence operations and, according to Rystad Energy, is expected to produce 1.7 million barrels of oil per day by 2035 which would make it the fourth largest offshore oil producer in the world. Automation.com
  • All BRICS countries have pledged their commitment to net-zero targets with submissions of their NDCs as further confirmation (Brazil by 2060, Russia by 2060, India by 2070, China by 2060 and South Africa by 2050). MDPI
  • Global pigmeat production is forecast to remain unchanged in 2024, with lower output in China anticipated to offset increases in Brazil, Vietnam and the United States. Agriland.ie
  • In 2024, the World Mosquito Program will fight fire with fire by releasing billions of mosquitoes in Brazil engineered with the Wolbachia bacterium, which prevents the spread of disease. Yahoo Life
  • Solar PV and onshore wind additions through 2028 is expected to more than double in the United States, the European Union, India and Brazil compared with the last five years. IEA
  • In Dubai, countries agreed to Azerbaijan hosting Cop 29 in November 2024, and Brazil as Cop 30 host in 2025 - both are major oil and gas producers. The Guardian
  • Global oil supply will surge to a record high of 103.5 mb/d in 2024, as production is ramped up in the United States, Brazil, Guyana and Canada. The Telegraph
  • The United States, the European Union, Brazil, and India are also expected to double their renewables portfolios by 2028. Truthout
  • Climate change, highlighted by 18% of respondents, may be a non-mover year-on-year at the seventh most prominent perceived risk, but is among the top three business risks in countries such as Brazil, Greece, Italy, Mexico and Turkey. Engineering News
  • Emerging economies, led by Brazil and India, are expected to drive 70% of global demand over the next five years as biofuels start to show their true potential in hard-to-abate sectors such as air travel and as a replacement for highly polluting fuels like diesel. Energy Connects
  • The IEA expects solar PV and onshore wind deployment through 2028 to more than double in the US, EU, India and Brazil, compared with the last five years. The National
  • IA Cement expect a modest increase in 2024 cement demand, as growth in Mexico and Brazil is offset by a decline in Argentina. World Cement
  • Solar power and onshore wind energy deployment through 2028 is expected to more than double in the United States, the European Union, India and Brazil, compared with the last five years. Story renewables grew rapidly 2023 grow faster meet cli
  • Populous countries like Bangladesh, Brazil, India, Indonesia, Mexico, Pakistan, Russia, and the United States will have elections in 2024. NDTV
  • Soybean production for Brazil is forecast at 157.0 million tons, down 4.0 million from last month and down 3.0 million tons from last year's record crop of 160.0 million tons. The Mighty 790 KFGO | KFGO
  • Solar PV and onshore wind deployment through 2028 is expected to more than double in the United States, the European Union, India and Brazil, compared with the last five years. Energy Connects
  • Consumption is expected to rise by 7.22 million tonnes, driven by increased biodiesel mandate requirements in the United States, Indonesia and Brazil. The Star

Last updated: 06 February 2024



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