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Brazil’s Finance Minister Fernando Haddad faces increasing isolation following a cabinet reshuffle that removed key supporters and intensified internal opposition to his fiscal policies. The government is grappling with rising …
Brazil’s Finance Minister Faces Isolation Amidst Growing Fears of Populism Read More
In January 2023, Brazil’s central government recorded a primary budget surplus of 84.9 billion reais, which was below market projections of 88.5 billion. Despite this, it improved from last year’s …
Brazil’s Central Government Reports Lower-Than-Expected Primary Surplus in January Read More
Brazil’s current account deficit has risen sharply, nearly tripling to $8.7 billion in January compared to the previous year, with potential implications for foreign direct investment coverage. FDI stood at …
Brazil’s Current Account Deficit Faces Severe Challenges with Diminishing FDI Coverage Read More
Brazil’s Foreign Affairs Minister Mauro Vieira opened the inaugural BRICS Sherpas meeting, emphasizing the need for stronger multilateralism in response to global challenges. The two-day discussions at Itamaraty Palace focus …
Brazil Hosts the First BRICS Sherpas Meeting as Bloc President Read More
Brazil’s real weakened as political uncertainty and economic stimulus concerns emerged, with the exchange rate rising to R$5.80. The Ibovespa declined by 0.96%, reflecting investor skepticism amid strong labor market …
Brazil’s Real Weakens Amid Economic Stimulus Concerns Read More
In a recent speech, UN climate chief Simon Stiell urged nations to act on climate change out of self-interest, as the U.S. steps back. He emphasized the urgency of submitting …
UN Climate Chief Urges Global Action on Climate Change Driven by Self-Interest Read More
Following the US exit from the Paris Agreement, nations remain dedicated to their climate commitments, according to UN climate chief Simon Stiell. He encouraged strengthening national climate plans ahead of …
Nations Affirm Climate Commitments Post US Paris Accord Withdrawal Read More
COP30 President Andre Correa do Lago urged countries to set high emissions reduction goals ahead of the February 10 deadline for announcing targets for the Paris Climate Agreement. With critical …
COP30 President Calls for Ambitious Climate Goals Ahead of Targets Deadline Read More
The President of COP30, Andre Correa do Lago, urges nations to set their emission reduction goals ambitiously as they prepare for the upcoming climate conference in Brazil. With a deadline …
COP30 President Calls for Ambitious Emission Targets Ahead of Climate Conference Read More
Brazil is facing fluctuating pork prices and persistent inflation, with Finance Minister Haddad projecting rates above 4.5% until mid-year. A significant court ruling offers journalist Vladimir Herzog’s widow substantial financial …
Brazil’s Economic Trends and Historical Reconciliation Efforts Read More