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Politics - Brazil

Political Rifts and Rate Decisions: Brazil’s Central Bank at a Crossroads

(Analysis) Late one Wednesday evening, the Central Bank of Brazil subtly lowered the Selic rate from 10.75% to 10.50%. This modest adjustment, though minor, reveals...

The Rise of Congressional Authority in Brazil

(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power dynamic between the Executive and Legislative branches. These adjustments significantly altered the management of presidential vetoes, amplifying Congress's role in governance. Previously,...

Brazil’s Central Bank Cuts Selic Rate by 0.25% to 10.5%, Sparking Political Backlash

The Central Bank of Brazil cut the Selic rate to 10.5% on May 8, 2024, down 0.25 points from 10.75%. This smaller reduction marked a...

Austria Aims to Boost Economic Ties with Brazil Amid EU-Mercosur Challenges

Austria's Economy Minister, Martin Kocher, pushed for stronger economic ties with Brazil amid EU-Mercosur...

Lula’s Quest for Leadership in Divided South America

(Analysis) In his third term as President of Brazil, Luiz Inácio Lula da Silva has aggressively prioritized foreign policy. His...

Brazil’s Political Clash: Semipresidentialism or Presidentialism

Brazil's ongoing political conflict between Arthur Lira and Luiz Inácio Lula da Silva pits semipresidentialism against the current presidential system. Arthur Lira, Speaker of the...

Brazil Marks Fiscal Success with March Surplus Turnaround

Brazil's public sector achieved a dramatic fiscal turnaround in March, recording a primary surplus of R$1.177 billion ($0.23 billion). This...

Brazil Extends Military Deployment at Major Ports and Airports

Brazil has extended its military deployment at major ports and airports for 30 days to bolster law enforcement. This action...

Brazil and Japan Ink Agreements on Agriculture and Cybersecurity

On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio...

United Front: Paraguay and Brazil Join Forces Against Crime

In the heart of South America, Paraguay and Brazil form a crucial alliance targeting the...

Brazil’s Budget Dilemma: Fiscal Balance and Political Priorities

President Luiz Inácio Lula da Silva's administration faces a critical balancing act in managing Brazil's fiscal challenges. This year, a...