Bolsonaro Says He Can’t Change Country ‘Alone’, Promotes Expenses Beyond Spending Cap
Six days after saying that Brazil is "broke", President Jair Bolsonaro again mentioned the state of public accounts as a...
January 12, 2021Topic
Brazil economy
Brazil’s Financial Market Forecasts 3.4% Economic Growth in 2021
Brazilian financial analysts slightly upgraded their 2021 growth forecast, from a 3.4 percent to 3.41 percent expansion in gross domestic...
January 11, 2021
Brazil Rate Outlook Rises, Even as Inflation Expectations Hold – Central Bank Survey
The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central...
January 11, 2021
Ocean Freight Rates More Than Quadruple on China-Brazil Route
Sea freight on the China-Brazil route has soared and reached an unprecedented US$10,000 per TEU, according to importers and shipping...
January 11, 2021
Vehicle Stocks in Brazil´s Plants and Dealerships Lowest in History
Car stocks in plants and dealerships start 2021 at their lowest level ever. According to data released by ANFAVEA, the...
January 11, 2021
Dollar Soars as Real Sees Largest First-week Slump in Eighteen Years
The reduction of global uncertainty with Joe Biden's victory in the U.S. elections and the beginning of approval of vaccines...
January 11, 2021
Brazil Fuel Import Group to File Antitrust Complaint against Petrobras Pricing
A Brazilian association of private fuel importers known as Abicom plans to file a complaint on Frida, January 8th, against...
January 9, 2021
São Paulo Government Changes Quarantine Rules, but Keeps Trade Open
On Friday, January 8th, the São Paulo government decided to change some of the quarantine rules in the state in...
January 9, 2021
Rio de Janeiro and Paraná Announce Start of Vaccinations on January 25th
While Minister of Health Eduardo Pazuello refrains from setting a date to begin vaccination in Brazil, governors, and mayors have...
January 9, 2021