Brasilia. The Central Bank of Brazil raised the Selic reference rate this Wednesday by a quarter of a percentage point (0.25 points) to place it at 10.75 percent, in a unanimous decision, and highlighted that the pace of future adjustments and the total magnitude of the cycle They will be dictated by the firm commitment … Read more
New York. The Brazilian president, Luiz Inácio Lula da Silva, received this Monday in New York the award given by the Bill and Melinda Gates Foundation for his policies to combat hunger and poverty in Brazil, within the framework of the Goalkeepers initiative. “The obsession I have with trying to combat hunger in the world … Read more
Brasilia. Brazil’s economy – Latin America’s largest – surprised on the upside in the second quarter, driven by the industrial sector, higher household spending and investment, which offset the impacts of severe flooding in the south of the country, reinforcing expectations of a solid performance for the full year. The gross domestic product (GDP) registered … Read more
Rio de Janeiro. Inflation in Brazil rose 0.38 percent in July and reached 4.50 percent in 12 months, official data showed on Friday in Latin America’s largest economy. Prices had risen by 0.21 percent in June and the annual figure had reached 3.93 percent, according to the official statistics institute, IBGE. The rise in transport … Read more