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 monetary policy meeting on Wednesday to increase interest rates…
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jair bolsonaro
Inflation in Brazil rose to 0.93% in March
Inflation in Brazil accelerated by 0.93 % during the month of March, which is the highest figure for this month since 2015 when the national price index stood at 1.32 %, according to the Brazilian Institute of Geography and Statistics (IBGE…
Bolsonaro seeks to accelerate privatization of Eletrobras
The president of Brazil, Jair Bolsonaro, along with other members of the Government, handed over to Congress an interim measure to accelerate the privatization of the energy company Eletrobras.
The company is on the list of State companies…
Brazil will eliminate diesel taxes
The president of Brazil, Jair Bolsonaro, announced that the government will eliminate federal taxes on diesel for two months, in order to seek the tax exemption indefinitely, and will abolish tax rates on gas permanently.
This was…
Brazil’s recovery could turns slow
The risks associated with the evolution of the pandemic in Brazil and the cooling of emergency aid granted by the Government of Jair Bolsonaro could imply a scenario of slower economic recovery or even a temporary reversal of it.
This was…