"economic news" Category
Central Bank Now Basically Governing Brazil

It was bound to happen sooner or later. The Central Bank of Brazil is now the directional factor in the country. Political policy is upside down. If not for the central bank and external forces, Brazil would be in trouble again this year. Maybe even recessionary.

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Brazil approves $3.9 billion BM&FBovespa-Cetip tie-up

Brazil's antitrust watchdog Cade on Wednesday approved financial bourse BM&FBovespa SA's (BVMF3.SA) takeover of rival clearinghouse Cetip SA Mercados Organizados (CTIP3.SA), and will not require any antitrust measures beyond those the firms proposed themselves.

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Reforms could lift Brazil's potential growth to 4 percent, minister says

Economic reforms including a revamp of Brazil's pension system may allow Latin America's largest economy to reach a 4 percent annual growth rate in coming years without stoking inflation, Finance Minister Henrique Meirelles said on Tuesday.

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Brazil's Temer Says Economy Turning Around, Confidence Rising

The Brazilian economy has begun to turn around, jobs are being created, and business confidence is slowly recovering, President Michel Temer said on Friday, touting initial successes of his recovery plan.

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Cautious Optimism in Brazil as Appetite Returns for I.P.O.s

The three-year drought of initial public offerings in Brazil is finally starting to dissipate, giving hope to investors from São Paulo to New York and Boston. Some expect that more than a dozen deals will be filed by the end of the year.

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Brazil Economy Adds Jobs for First Time in Almost Two Years

Brazil ended a 22-month streak of formal job losses in February in a sign that the economy may be emerging from the worst recession in a century.

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Lower pension costs could drive Brazil rates to record lows: economists

Interest rates in Brazil could drop to record lows as soon as next year if inflation keeps slowing and Congress passes fiscal austerity measures, providing relief for a nation struggling to emerge from recession, some economists said.

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Industry representatives forecast a positive 2017 for Brazil

For João Henrique de Almeida Sousa, president of the SESI National Council, measures taken by the federal government will lead to the resumption of economic growth.

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Brazilian housebuilder MRV predicts growth despite recession

MRV Engenharia, the Brazilian homebuilder, is aiming to grow up to 50 per cent over the next few years in spite of a severe recession in Latin America’s largest economy that has ravaged much of the housing sector.

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Brazil Inflation Surprise Firms Up Bets on Faster Rate Cuts

Brazil’s inflation surprised analysts by slowing in February, prompting traders to increase wagers the central bank has room to accelerate monetary easing next month.

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