"economic news" Category
Brazil set to cut rates to all-time low, hint at further cuts

The Brazilian central bank is set to cut interest rates to an all-time low on Wednesday and hint at further cuts early next year as inflation stays surprisingly below the official target.

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GDP has best Q3 since 2013

Buoyed by the measures taken to reorganise the economy and make Brazil more efficient and less bureaucratic, the economy has grown again. In the third quarter of the year, GDP grew by 1.4% when compared to the same period of last year. This was the best performance of the quarter since 2013.

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Investment growth shows optimism in Brazil -finance minister

Third-quarter gross domestic product (GDP) figures confirm Brazil’s economy is on a growing trajectory and stronger investment shows optimism about the country’s future, Finance Minister Henrique Meirelles said on Friday via Twitter.

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Surging investment drives Brazil GDP recovery in third quarter

A long-awaited rebound in capital spending extended Brazil’s recovery into the third quarter, adding to signs that Latin America’s largest economy is turning the corner after its deepest recession in a century.

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U.N. asks Brazil for peacekeepers for Central African Republic

The United Nations has asked Brazil to send troops to join its peace mission in the Central African Republic, said Jean-Pierre Lacroix, the U.N.’s head of peacekeeping operations, in an interview on Monday.

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Cabinet members promote Brazil as investment destination

A delegation of high-level Brazilian officials embarked for Frankfurt (Germany) this week aiming to attract more infrastructure investments to Brazil.

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Brazilian flat steel sales rise 4.2% in October

Brazilian flat steel sales grew by 4.20% year on year in October due to an improved performance by the country’s industrial sectors, according to figures published by national flat steel association Inda on Wednesday November 22.

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Germany, Britain inject $153 million in Amazon climate change fight

Germany and Britain will provide a combined $153 million to expand programs to fight climate change and deforestation in the Amazon rainforest, according to a statement from the Brazilian government on Tuesday.

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Brazil's Central Bank Is Ramping Up Blockchain R&D

The Central Bank of Brazil is building with just about every blockchain it can get its hands on.

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Thank You, Mexico -- Brazilian Bonds Can Take It From Here

For the first time in four years, Brazil can pay about the same as Mexico to borrow, underscoring a remarkable comeback by Latin America’s biggest economy from a nadir of recession and corruption.

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