Browsing Tag

brazil

Petrobras announces gas price reduction

Petrobas announced this Monday an agreement with distributors to reduce the price of a cubic meter of natural gas by 8.1 % as of next May compared to the average value of the quarter between February and April. The Brazilian oil company…

Lula: “Interest rates are very high”

The President of Brazil, Lula da Silva, once again insisted that interest rates at 13.75 % continue to be "very high" and are detrimental to businessmen who want to increase their investments in the country, being perceived as a figure that…

Germany and Brazil want to deepen economic ties

Within the framework of the efforts of Germany and Brazil to deepen their economic relations, the German-Brazilian Business Conference will be inaugurated today in Belo Horizonte with the presence of the German Minister of Economy, Robert…

Inflation in Brazil fell one tenth in February

The Consumer Price Index (CPI) in Brazil stood at 5.6 % year-on-year in February, a drop of more than one tenth compared to the data for January, according to the Brazilian Institute of Geography and Statistics (IBGE). Thus, Brazilian…