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Politics - Brazil

Brazil’s Fiscal Responsibility Law Faces Crisis

(Analysis) Brazil's Fiscal Responsibility Law (FRL), established 24 years ago, aimed to stabilize finances but now faces challenges from ongoing deficits. The government first saw...

Petrobras President’s Role Equated to Ministerial Status by Finance Minister Haddad

Finance Minister Fernando Haddad recently likened the role of Petrobras' president to that of a government minister. He underscored the position's critical importance shortly after Jean Paul Prates was dismissed from the role. This comparison indicates...

Youth Unemployment Rate in Brazil Rises to 16.8% in Q1

In early 2024, Brazil witnessed a notable shift in youth unemployment rates, reaching 16.8% for those aged 18 to 24. This marked an increase from...

Elon Musk and the Brazilian Political Drama: A Tale of Rights and Wrongs

(Analysis) In Brazil, the clash between high-profile figures such as Elon Musk and members...

Brazil Adjusts Economic Growth Forecast Amid Challenges

In a dynamic turn of events, Brazil's economic resilience shines as the Ministry of Finance raises its 2024 GDP...

Political Pressure Forces Petrobras CEO Prates Out

On Tuesday evening, Petrobras (PETR4) announced that CEO Jean Paul Prates requested an early termination of his tenure. Prates, appointed by President Luiz Inácio Lula...

Economic Revival: How Brazil’s Northeast Aims to Outpace National Growth

In Brazil, the Northeast is poised to reclaim its historic economic role. From 2026 to 2034, the region is...

Brazil’s Response to Alleged Misinformation on Floods Raises Free Speech Concerns

(Analysis) Following President Lula's directive, Justice Minister Ricardo Lewandowski investigates accusations of misinformation about Rio Grande do Sul flood...

Brazil Mobilizes Military in Major Flood Crisis

Brazil has responded to devastating floods by deploying over 20,000 military personnel in Rio...

Brazilian Government and BID Launch Flood Recovery Measures in Rio Grande do Sul

On Thursday, Brazil's government announced an economic recovery package to assist Rio Grande do Sul...

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...