Brazil raises annual interest rate to 13.25 %, highest level in six years
RIO DE JANEIRO, BRAZIL - On Wednesday, June 15, Brazil's Central Bank raised the basic interest rate by 0.5 percentage...
June 16, 2022Topic
economic crisis Brazil
Mexican unicorn Kavak lays off 150 people in Brazil
Founded in 2016 and backed by Japan's SoftBank, Kavak became the first Mexican tech "unicorn" in October, when it reported...
June 9, 2022
Brazil has a chance to increase exports by US$7.8 billion, says IDB
Brazil may have an additional gain of US$7.8 billion a year in exports with the reconfiguration of international trade,
June 8, 2022
More than 33 million Brazilians go hungry
A survey released on Wednesday, June 8, says that about 33 million people go hungry in Brazil. The number corresponds...
June 8, 2022
Brazil: Investors seek protection against possible fiscal profligacy due to elections
Traders in Brazil are rushing into hedges to protect against weakness in the Brazilian real and higher interest rates amid...
June 8, 2022
Brazil’s Central Bank suggests subsidizing food and energy against inflation
The president of Brazil's Central Bank, Roberto Campos Neto, suggested Wednesday, June 1, that the government adopt a policy
June 2, 2022
Brazil grew close to 1% in the first quarter, according to projections
RIO DE JANEIRO, BRAZIL - The Brazilian economy grew about 1% in the first quarter of this year compared to...
June 1, 2022
Brazil: Public debt drops to 78.3% of GDP in April
RIO DE JANEIRO, BRAZIL - The country's gross debt fell 0.2 percentage points in April and reached 78.3% of the...
May 31, 2022
Brazil: Unemployment rate drops to lowest level since 2016
RIO DE JANEIRO, BRAZIL - The unemployment rate fell to 10.5% in the quarter ended in April (February, March, and...
May 31, 2022