Why Brazil's currency depreciation is back to haunt Lula
The Brazilian real holds the ignominious title of worst-performing major currency in 2024, down by more than 20%. The selloff has eased somewhat recently but Brazil's fiscal woes still have financial ...
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‘We’re getting back on track’: Interview with IBAMA head Rodrigo Agostinho
Rodrigo Agostinho, head of IBAMA, Brazil's federal environmental agency, for two years now, spoke with Mongabay about the ...
Brazil Inflation Slowdown Falls Short Ahead of Key Rate Hike
Brazil’s annual inflation slowed less than expected in early January despite a drop in energy costs, highlighting the ...
Brazil Central Bank to Raise Rates Another 100bps in January: Reuters Poll
BUENOS AIRES (Reuters) - Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with ...
Brazil's current account deficit widens in December, deteriorates in 2024
Brazil closed 2024 with a current account deficit equivalent to 2.55% of gross domestic product (GDP), the central bank said ...
Brazil central bank to raise rates another 100bps in January
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by ...
Rate sensitivity haunts already elevated Brazil public debt
By November, the LFT's share of total debt had posted a year-to-date jump of a record 6.5 percentage points, accounting for ...