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Today: April 16, 2025
Today: April 16, 2025
Marcela Ayres

Marcela Ayres

Staff Writer

Latest From Marcela Ayres

Americas|Economy|Finance|Political

Brazil sees worsening debt outlook despite rising primary surplus targets

Brazil's government on Tuesday projected a sharp rise in gross debt despite an outlook for an improving primary balance, including a 0.25% of gross domestic

Brazil sees worsening debt outlook despite rising primary surplus targets
Uncategorized

Brazil prepares new oil auction as trade war threatens budget, sources say

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and

Brazil prepares new oil auction as trade war threatens budget, sources say
Americas|Business|Economy|Finance

Brazil's Banco Master awaits M&A proposal from BTG Pactual, sources say

Brazilian lender Banco Master is advancing in talks with investment bank BTG Pactual to sell assets left over after a deal in which state-

Brazil's Banco Master awaits M&A proposal from BTG Pactual, sources say
Americas|Business|Economy|Finance|Stock Markets|World

Brazil may emerge as winner from sweeping US tariffs, economists say

Sweeping U.S. tariffs could prove relatively advantageous for Brazil, Latin America's largest economy, despite President Donald Trump's move to impose a 10% levy

Brazil may emerge as winner from sweeping US tariffs, economists say
Americas|Business|Economy

Brazil's central bank signals need for higher rates for longer

The Brazilian central bank's economic policy director Diogo Guillen said on Thursday that when inflation expectations are unanchored, as they are now, interest

Brazil's central bank signals need for higher rates for longer
Americas|Business|Economy|Political|Technology|US

Brazil holds off big tech tax amid Trump tariff talks, say sources

The Brazilian government has shelved a proposal to tax big tech firms, due in part to concerns that the move could be seen as a response to U.S

Brazil holds off big tech tax amid Trump tariff talks, say sources
Americas|Business|Economy|Finance|Political

Brazil central bank says high uncertainty prevents guidance beyond next meeting

Brazil's central bank said on Tuesday that, given heightened uncertainty, it chose to signal the direction of only its next move, emphasizing that, due to monetary

Brazil central bank says high uncertainty prevents guidance beyond next meeting
Americas|Business|Economy|Finance|Political

Brazil raises interest rates 100 bps, sees smaller hike ahead

Brazil's central bank raised interest rates by 100 basis points on Wednesday for the third consecutive time, sticking to previous guidance, and signaled a smaller

Brazil raises interest rates 100 bps, sees smaller hike ahead
Americas|Business|Economy|Finance|Political

Brazil unveils broader income tax exemption plan as Lula seeks to regain popularity

Brazil's government on Tuesday unveiled a long-promised plan to exempt individuals earning up to 5,000 reais ($881.27) per month from income tax, with the revenue

Brazil unveils broader income tax exemption plan as Lula seeks to regain popularity
Americas|Business|Economy|Finance|Political

Brazil to tax overseas profits, high incomes to offset bigger tax exemption

Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an expanded tax

Brazil to tax overseas profits, high incomes to offset bigger tax exemption
Americas|Business|Economy

Brazil's economy grows 3.4% in 2024 but year-end weakness signals fewer rate hikes

Brazil's economy grew 3.4% in 2024, the strongest since the post-pandemic rebound, but momentum slowed more than expected in the fourth quarter as restrictive

Brazil's economy grows 3.4% in 2024 but year-end weakness signals fewer rate hikes
Business|Economy|Finance|Health|Political

Brazil's finance minister isolated as market fears of a leftist pivot mount

Brazil's latest cabinet shuffle has left Finance Minister Fernando Haddad with no strong supporters in

Brazil's finance minister isolated as market fears of a leftist pivot mount
Americas|Business|Economy|Finance

Brazil's current account deficit shows steep deterioration, nears lack of FDI coverage

Brazil's 12-month current account deficit nearly tripled in January from a year ago and the central bank acknowledged it may soon go uncovered by foreign direct

Brazil's current account deficit shows steep deterioration, nears lack of FDI coverage
Americas|Business|Economy|Finance

Brazil's central bank director says rates will be adjusted as needed after March

Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it

Brazil's central bank director says rates will be adjusted as needed after March
Americas|Business|Economy|Finance

Brazil raises $2.5 billion with 6.75% yield in global bond sale with 10-year dollar issuance

Brazil's Treasury on Tuesday raised $2.5 billion in a new 10-year dollar-denominated sovereign bond, with a 6.75% yield, it said in a statement.

Business|Economy|Election|Finance|Political

Itau chief economist calls for Brazil to reinstate spending cap

The chief economist at Brazilian bank Itau, the nation's largest private lender, urged whoever wins next year's presidential elections to reinstate a spending cap

Itau chief economist calls for Brazil to reinstate spending cap
Business|Economy|Environment|Political|Science

Brazil's government split over multi-billion dollar nuclear plant completion​

Brazil's government is divided over whether to complete its third nuclear power plant after 40 years of off-and-on construction, as the

Brazil's government split over multi-billion dollar nuclear plant completion​
Americas|Business|Economy|Finance

Brazil's central bank chief says bank can't act preemptively on economic slowdown

Brazil's central bank chief on Friday acknowledged market concerns about how the bank would react to an economic

Brazil's central bank chief says bank can't act preemptively on economic slowdown
Business|Economy|Political|Technology|World

Brazil nixes BRICS currency, eyes less reliance on 'mighty' dollar

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this

Brazil nixes BRICS currency, eyes less reliance on 'mighty' dollar
Economy|Environment|Political|World

Brazil to push social diversity as criteria for sustainable investments at COP30

Brazil plans to propose social diversity as a global criteria for labeling sustainable investments at the U.N. climate summit it will host this

Brazil to push social diversity as criteria for sustainable investments at COP30
Americas|Business|Economy|Finance

Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar

Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the benchmark interest rate potentially exceed

Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
Americas|Business|Economy

Brazil's central bank sees economic cooling as key, flags fiscal and FX risks

Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while labeling the unanchoring of inflation

Brazil's central bank sees economic cooling as key, flags fiscal and FX risks
Americas|Business|Economy|Political

Brazil's tax revenue service strike threatens government's fiscal plans, union says

A strike by Brazil's federal tax agency over wage demands is undermining government efforts to raise revenue through tax settlements, the workers' union said, with

Brazil's tax revenue service strike threatens government's fiscal plans, union says
Business|Economy|Finance|Political|World

Trump's tariffs raise fears Brazil's central bank is out of step on inflation

Brazilian analysts say the tariffs announced by U.S.

Trump's tariffs raise fears Brazil's central bank is out of step on inflation
Americas|Business|Economy|Finance

Brazil central bank hikes rates by 100 bps, confirms same in March

Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size

Brazil central bank hikes rates by 100 bps, confirms same in March

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