Petrobras Eases Fears of Fuel Intervention in Policy Shift
Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President
2023-05-17 06:28
Uruguay Leaves Key Interest Rate at 11.25% Following April Cut
Uruguay’s central bank kept its benchmark interest rate unchanged at 11.25%, saying that monetary policy remains contractive with
2023-05-17 05:28
IMF backs Brazil's fiscal efforts, 'ambitious' green agenda
The International Monetary Fund on Tuesday said it "strongly supports" Brazil's efforts to improve the country's fiscal position,
2023-05-17 03:15
Brazil's government eyes tax tweaks to boost revenue -sources
By Marcela Ayres and Bernardo Caram BRASILIA Brazil's Finance Ministry is preparing a new set of initiatives to
2023-05-17 02:47
Bean Shortage Drives Up Cost of Even the Cheapest Cup of Coffee
The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage
2023-05-14 10:48
China’s Strong Data Likely to Mask Weakening Recovery
Key economic data this week may suggest China’s recovery is doing a lot better than it is in
2023-05-14 04:24
Brazil Debt Is the Source of High Rates, Central Bank Chief Says
Brazil’s central bank chief said high levels of public debt are to blame for interest rates steady at
2023-05-14 00:24
China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
Top corn importer China could cancel more purchases of the grain from the US because the country can
2023-05-12 16:25
Santos avoids prosecution in deal with Brazilian authorities in fraud case
US Rep. George Santos has signed a deal with Brazilian authorities to avoid prosecution in lieu of a confession, reimbursement for the victim and a fine to the state stemming from a 2008 fraud case, his attorney said.
2023-05-12 03:58
Top Lula Aide Meets Zelenskiy as Brazil Continues Peace Efforts
A top foreign affairs adviser to Luiz Inacio Lula da Silva met with Ukrainian President Volodymyr Zelenskiy in
2023-05-11 08:15
US Default Swaps Are Now More Expensive Than Brazil, Mexico
The cost of insuring Treasuries against default now eclipses some emerging markets as the American government gets closer
2023-05-11 00:50
Stolen Electricity Raises Threat of Rio Power-Supply Crisis
Rio de Janeiro’s electric company says so many people are stealing power in the city’s slums that it
2023-05-10 00:46