Brazilian central bank indicates that Selic rate will remain high for a longer period of time
The Central Bank (BC) said Tuesday that the key interest rate, the Selic, will remain in the "significantly contractionary" range...
June 21, 2022Topic
inflation
IBGE reports inflation in Brazil drops to 0.47% in May; lowest monthly increase since April 2021
According to the Brazilian Institute of Geography and Statistics (IBGE), inflation slowed to 0.47% in May. The data was released
June 9, 2022
With state-level VAT cap on fuels, gasoline price in Brazil would drop to R$5.56 -senator
With state-level VAT cap on fuels, gasoline price in Brazil would drop. Brazil VAT reform CBS IBS coverage and expert...
June 9, 2022
Brazil: 42% blame Bolsonaro for inflation -poll
The latest PoderData poll, conducted May 22-24, 2022, shows that 42% of the population blames President Jair Bolsonaro (PL)
May 27, 2022
Growing pressure to de-dollarize: China wants to diversify foreign exchange reserves
For several years now, Chinese financial experts have been warning against relying too much on the U.S. dollar (and specifically...
May 24, 2022
Airfares rise twice as fast as inflation in Brazil
While general price increases affect everyone in Brazil, the rise in airfares has been much more pronounced, affecting the sector's...
May 16, 2022
Inflation in Argentina reaches 6% in April and 23.1% in the first four months of the year
The cost of living in Argentina rose 6% in April and accumulated an increase of 23.1% so far this year,...
May 13, 2022
In bankrupt Sri Lanka, people face hunger and death, ex PM must hide and military has order to shoot “lawbreakers” on sight
Sri Lanka's former Prime Minister Mahinda Rajapaksa must fear for his safety and is hiding in a military base. Enraged...
May 12, 2022
Brazil’s new Minister of Mines and Energy wants to privatize Petrobras
The new Minister of Mines and Energy, Adolfo Sachsida, will commission studies on the privatization of Petrobras
May 12, 2022