Brazil Daily

Brazil’s yet-to-be-discovered oil fields to be privatized

Good morning! The government’s plans for oil reserves it hasn’t discovered yet. The fight for space in the Brazilian airline market. And the expected cuts to Brazil’s benchmark interest rate. Enjoy your read!


Brazil’s yet-to-be-discovered oil fields to be privatized

Since 2004, Brazil has been pleading with the UN to increase its maritime exclusive economic zone from 200 to 350 nautical miles. Last month, the country got its first win, with the UN publishing on its website that Brazil’s continental platform in the South would be increased to exactly those 300 nautical miles—an area of the size of...

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