AGP Executive Report
Last update: 10 hours agoDiplomacy: President Luiz Inácio Lula da Silva will make the first state visit to the Philippines by a sitting Brazilian president on Nov. 14–15, with talks expected on bilateral ties and cooperation among Global South nations. He is also due at the ASEAN summit. Climate: At COP31, Brazil is presenting a plan to shift economies toward renewable energy, while the UN says the country must do more to protect the Amazon. Business: Brazilian companies in court-supervised restructuring hit a record 8,478 by the end of September, up 21.2% from a year earlier. High borrowing costs are adding pressure, with agribusiness and manufacturing among the hardest-hit sectors. Flood Resilience: The Inter-American Development Bank approved a $60 million loan for drainage, flood protection and green spaces in Goiânia, with about 90,000 residents expected to benefit directly. Critical Minerals: Brazil’s push to develop its strategic-minerals industry comes as supply strains send some rare-earth prices outside China sharply higher.
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