Brazil’s swap rates rose further after President Luiz Inacio Lula da Silva bolstered criticism of the central bank, saying high interest rates are ruining the economy while failing to control inflation
Damage caused by illegal mining is under the spotlight after President Lula da Silva’s government declared a public health emergency for the Yanomami indigenous population in the Amazon
The retail giant owes 67,000 reais for the premises in the Santa Bárbara D’Oeste mall in São Paulo state, while Americanas claims the debt is contemplated within its restructuring process
Sector experts tell Bloomberg Línea that commodities and infrastructure will be the main sectors to benefit from China abandoning its zero-Covid policy and reopening to trade
Despite being neighbors and trading partners, Brazil sends only 4.2% of its exports to Argentina, while Argentina’s exports to Brazil are 15%, Krugman said.
Monthly credit payments in November hit 28.2% of families’ wages, the highest figure in the dataset that goes back to 2005
Consumers in some of the world’s biggest beef markets are shifting to chicken and lentils