President Donald Trump’s move to scale back US investments in renewable energy is spurring companies to look to Brazil as an alternative for those projects, according to Finance Minister Fernando Haddad.
Brazil's central government met its 2024 primary budget target, Treasury data released on Thursday showed, defying more pessimistic market forecasts with the support of one-time revenues and strong dividends that may not recur.
SAO PAULO (Reuters) -Brazilian Finance Minister Fernando Haddad said on Thursday he expects food prices to soften this year due to strong agricultural production and as Brazil's currency regains some ground,
Neymar confirms return to Brazil
The Indiana Fever announced Caitlin Clark will return to the home of the Iowa Hawkeyes for a WNBA preseason game this year. Here are the details:
The Trump administration’s first flight deporting Brazilians involved aborted takeoffs, sweltering heat, emergency exits and shackled deportees on a wing.
Its technical foundations for a green-production boom may be sound, but Brazil’s economic travails are an obstacle. The high cost of finance is putting off bigger investments in capital-intensive projects. The real was the world’s worst-performing major currency last year, losing more than 20% of its value against the dollar.
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark interest rate by a full percentage point for the second straight meeting.
Brazilian Finance Minister Fernando Haddad said on Thursday he expects food prices to soften this year due to strong agricultural production and as Brazil's currency regains some ground, but noted that prices would likely still remain high.
The Brazilian government says it is going to create a reception center for deported migrants from the United States following controversy over conditions on a recent flight.