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Brazil’s Central Bank advocates fiscal austerity notwithstanding pandemic

Brazil
RIO DE JANEIRO, BRAZIL - "We have reached a moment, today, of confronting the pandemic, in which it is...

Pandemic caused Brazil’s federal government costs to grow 16% in 2020

Brazil
RIO DE JANEIRO, BRAZIL - Driven by the covid-19 pandemic, the total costs of...

Brazil pressures EU at WTO over French soy production incentive program

Brazil
RIO DE JANEIRO, BRAZIL - Brazil has begun to press the European Union at the World Trade Organization (WTO) over how France is expanding...

Petrobras surprises and closes 2020 with a R$7 billion profit

Brazil
RIO DE JANEIRO, BRAZIL - Petrobras recorded profits of R$59.8 (US$10.9) billion in the 4th quarter last year and...

Dollar Exchange Rate Surges in Brazil But Central Bank...

Brazil
SÃO PAULO, BRAZIL – This week the exchange rate between the Brazilian real and the US dollar surged, with...

Environmentalists Applaud No Bids for Oil Fields Near Coral Reefs

Brazil
SÃO PAULO, BRAZIL – Despite the apparent success of last week’s auction, organized by...

Petrobras’ New Strategy Puts Renewable Energy on Back Burner

SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced last week its new strategy of focusing on oil and gas production, doing away with its distribution and transportation subsidiaries and its fertilizer sub-division, as well...

Australian Senator Gerard Rennick: "There has been a lot of misleading advertising in regards to the safe and effective claim….the risks have never been clearly outlined"

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Ron DeSantis wants to "expressly forbid" the use of Central Bank Digital Currency in Florida, and calls on other US states to do same.

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