Lula advocates for Argentina and Saudi Arabia to join BRICS; comments on G7
Brazil's President Luiz Inácio Lula da Silva has spoken in favor of expanding BRICS, a coalition presently composed of Brazil,...
August 3, 2023Topic
Brazil
Deforestation in the Brazilian Amazon down 7%: enforcement action leads to historic reduction
The Brazilian Amazon lost 7,952 square kilometers of vegetation between August 2022 and July 2023, a decline of 7% compared...
August 3, 2023
Brazil’s president opens door to Petrobras exploration near Amazon despite environmental concerns
Brazil's President, Luiz Inácio Lula da Silva, said at a press conference that the state-run oil company Petrobras might still...
August 3, 2023
Fitch upgrades credit ratings of 12 Brazilian banks
Fitch Ratings has increased the credit ratings of 12 financial institutions in Brazil, including both public and private banks.
August 3, 2023
Brazil’s Selic cut to 13.25%: Corporate interest rates remain at 20% despite central bank move
The Central Bank has cut the Selic, Brazil's key interest rate, to 13.25% annually after almost a year without changes....
August 3, 2023
Roberto Campos Neto calls for extended autonomy of Brazil’s central bank
In a formal session at Brazil's Chamber of Deputies on Wednesday, the President of the Central Bank (BC), Roberto Campos...
August 2, 2023
Brazil posts record agricultural exports for 5th consecutive month
Brazil's agricultural sector has continuously increased, marking the fifth consecutive month of record export revenue in July 2023.
August 2, 2023
Brazil to build two more conventional submarines and new 500-ton patrol vessels
The Brazilian Navy's Submarine Development Program (Prosub) is advancing into its third phase, strategically focused on building two more conventional...
August 2, 2023
Yanomami praise government attention and seek improved health and territorial protections in Brazil
The Yanomami and Ye’kwana indigenous communities in Brazil have praised the attention they've received from President Luiz Inácio Lula da...
August 2, 2023