Embraer was privatized on December 7, 1994, under Brazil’s National Privatization Program. Official records point to later capitalization, the ERJ-145 rollout and export financing as important elements in the company’s subsequent recovery.
Brazil’s pre-salt oil fields have moved from a major discovery announced in 2007 to the source of about 80% of national oil production in 2025, underpinning the country’s net oil exports.
Brazil has created Redata, a special tax regime for data-center projects that covers cloud computing, high-performance computing and artificial-intelligence workloads while imposing local-market and sustainability requirements on beneficiaries.
Brazil’s new critical-minerals policy establishes a council to set priorities and a suite of financing, traceability and low-carbon certification tools. Its commercial reach will depend on regulations, the first official mineral list and project-selection rules still to be completed.
Brazil’s exports rose 10.3% in the first eight months of 2026, with China taking a larger role in the increase while shipments to the United States declined. The figures highlight a growing concentration question for Latin America’s largest economy rather than proving dependence on any one market.
Brazil will not invoke its Economic Reciprocity Law while it is negotiating with the United States over additional tariffs, President Luiz Inácio Lula da Silva said. The stance preserves a potential response if talks fail, without itself imposing new restrictions.
Brazilian tax and prosecutors’ authorities launched Operation Perfume de Mulher on September 22, 2026, investigating suspected illegal importation of foreign perfumes, foreign-exchange evasion and money laundering.
High commodity prices helped drive growth, jobs and wage gains in Brazil between 2003 and 2013. World Bank assessments also found that weak productivity and investment persisted—a contrast that remains relevant as China absorbs a large, commodity-focused share of Brazilian exports.
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Brazil’s Supreme Federal Court has clarified when electricity distributors’ 10-year obligation to direct recovered PIS/Cofins tax amounts to consumers begins. The ruling does not require an immediate or uniform reduction in electricity bills.