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Brazil

Mon, 18 Oct 2021 23:55:00 GMT
Brazil, Uruguay FMs stay mum after Montevideo meeting: rumors soar
Silence prevailed Monday in Montevideo after Uruguay's Foreign Minister Francisco Bustillo Monday welcomed his Brazilian counterpart Carlos França to discuss bilateral issues, particularly a possible 10% reduction of Common Ex...

Mon, 18 Oct 2021 10:01:00 GMT
Lula must appease markets or risk his presidential chance, point out advisors
Brazilian former president Lula da Silva is preparing to "build bridges" with the business community to appease markets and economic agents, given some of his latest statements criticizing policy decisions from the current admi...

Mon, 18 Oct 2021 09:43:00 GMT
Poverty on the rise in Brazil
Brazil's poverty indexes are on the rise despite President Jair Bolsonaro's claims that his actions, however controversial from a sanitary viewpoint regarding the COVID-19 pandemic, were always aimed at sustaining the country's...

Mon, 18 Oct 2021 08:08:00 GMT
China confirms its position as the main trade partner of Brazil
Trade between Brazil and China surpassed the 2020 record during the first nine months of this year, with overall exchange reaching US$ 100bn. Total 2021 bilateral trade is expected to reach US$ 108bn.

Fri, 15 Oct 2021 01:27:00 GMT
Bolsonaro now wants Petrobras privatized
Brazil's President Jair Bolsonaro Thursday hinted he might put the national oil company Petrobras up for sale after being criticized for an increase in the price of fuel. During the 2018 presidential campaign, the retired Army ...

Thu, 14 Oct 2021 08:59:00 GMT
Central Bank of Brazil takes action to reverse real shrinking
Brazil's Central Bank Wednesday took an active role in the currency exchange market and sold US $ 1 billion to avoid a devaluation of the real, which has already lost a third of its value against the US dollar in 2021 alone

Wed, 13 Oct 2021 15:16:00 GMT
Double digit inflation in Brazil spiked by increasing fuel and food costs
Brazilian market analysts raised their forecasts for inflation and the Selic key interest rate for 2022 as increasing fuel and food costs plus resurgent demand for services are spiking prices as the pandemic seems to be coming ...

Wed, 13 Oct 2021 09:40:00 GMT
Charges filed against Brazil's President before ICC: “The Planet vs. Bolsonaro”
Charges against Brazil's President Jair Bolsonaro have been filed before the Hague-based International Criminal Court (ICC) for deforestation of the Amazon, it was announced Tuesday.

Wed, 13 Oct 2021 09:05:00 GMT
Guedes dismisses IMF estimates for Brazil's growth this year and 2022
Brazil's orthodox Economy minister Paulo Guedes anticipated that the multilateral institutions such as the IMF, once again are going to err their forecasts on the Brazilian economy growth. The comment follows on the IMF release...

Tue, 12 Oct 2021 08:40:00 GMT
Bolsonaro claims he's not a denialist of COVID-19
Brazil's President Jair Bolsonaro Monday objected to being labelled a "denier" as a consequence of his approach at the COVID-19 pandemic, which has officially killed over 600,000 people in South America's largest country.



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