The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in office.
Goldfajn was governor of the Central Bank of…
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Bolsonaro’s government is being investigated
The Court of Accounts of Brazil (TCU) will open an investigation against the Government of the president Jair Bolsonaro for the blockade of 5,000 million reais (approximately 900 million dollars) foreseen in the 2021 budgets for the…
The largest wind farm in South America starts commercial operations
The Enel group, through its subsidiary Enel Green Power Brasil Participações ("EGPB"), has started the commercial operations of the Lagoa dos Ventos wind farm, located in Brazil. With 716 megawatts (MW), it is currently the largest wind…
Brazilian Minister of the Environment to be investigated
The Attorney General of the Republic (PGR) of Brazil has requested this Monday the Supreme Court of Brazil to open an investigation to the Minister of the Environment, Ricardo Salles, for alleged crimes of administrative law, obstructing…
Central Bank of Brazil studies the creation of a cryptocurrency
The Central Bank of Brazil is studying the possibility of developing a digital currency, with the aim of creating a virtual digital extension of the Brazilian real to "accompany the dynamism of technological evolution of the Brazilian…
Support for Bolsonaro’s government falls
24% of Brazilians approve of the Government of the President of Brazil, Jair Bolsonaro, a percentage that constitutes the lowest approval index obtained by the president since he assumed the Presidency, according to a Datafolha survey.
The…
Brazilian real loses value against the dollar
The exchange rate between the Brazilian real and the US dollar stood at 5.35 reais for every dollar this Thursday, which represents a decline of 1.68% compared to the previous day's price, after the Central Bank of Brazil decided at the…
Global military spending rises despite the pandemic
Despite the economic crises and the pandemic generated by Covid-19, world military spending has increased by 2.6 % compared to 2019, which is equivalent to about 1.9 trillion dollars, according to the figures offered by the Stockholm…
The USA recommends not traveling to 80 % of the countries of the world
The US State Department increased its 'Do Not Travel' list to 80 % of the world's countries, due to what it considers "an unprecedented risk for travelers" due to the COVID-19 pandemic.
The list does not prohibit travels, but makes a…
IDB provided financing to Brazil for its digital transformation
The Inter-American Development Bank (IDB) granted Brazil a credit line of up to 1,000 million dollars to promote digital transformation in the South American country through better connectivity, the adoption of new technologies by the…
OECD warns about the growth of informal trade in Latin America
The Organization for Economic Cooperation and Development (OECD) warned that the crisis generated by the pandemic will cause strong increases in labor informality, inequality and poverty in several Latin American countries, so the…
China plans to work with Brazil in comprehensive strategic partnership
This Saturday, the Minister of Foreign Affairs of China, Wang Yi, expressed his intentions to strengthen ties of union and cooperation with Brazil, in order to promote a comprehensive strategic partnership and continue advancing in the…