(Reuters) – Below is a timeline of the key events leading up to the Jan. 8 invasion of Brazil’s Supreme Court, Congress and presidential palace by supporters of far-right former…
BRASILIA (Reuters) – Brazil’s Vice President Geraldo Alckmin said on Wednesday that the state-run development bank BNDES should reduce interest rates to lenders, raising doubts on possible changes to its…
SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras said on Wednesday its board of directors had approved the early departure of chief executive officer Caio Paes de Andrade, which will…
SAO PAULO (Reuters) – Brazilian food processor BRF SA on Wednesday signed a leniency agreement with local authorities over payments it must make to the South American country’s government following…
By Marcela Ayres BRASILIA (Reuters) – Brazil’s sovereign floating rate bond redemptions will hit a record high next year, underscoring the fiscal challenge facing President-elect Luiz Inacio Lula da Silva…
BRASILIA (Reuters) – Brazilian lawmakers reached an agreement on Tuesday to cut the length of a proposal to expand the country’s spending cap to fund social welfare payments, said congressman…
SAO PAULO (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva scored two key victories on Monday, after the Supreme Court granted an injunction allowing him to increase social investment, while…
BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes projected on Thursday interest rates would start to fall by mid-2023 and the economy would expand by 3% again. Speaking at an…
SAO PAULO (Reuters) – Shares in Brazilian telecom firm Oi SA soared on Thursday after it revealed it was exiting bankruptcy protection, marking the closure of a restructuring process that…
SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras has reached a deal with oil regulator ANP to pay 780 million reais ($146.38 million) regarding the government’s stake in its…
By Jake Spring and Gloria Dickie SAO PAULO/MONTREAL (Reuters) -Deforestation in Brazil’s Cerrado savanna rose to a seven-year high, government data showed on Wednesday, destroying a vital habitat for threatened…
BRASILIA (Reuters) – Brazil’s economic activity contracted in October, a central bank index showed on Wednesday, as aggressive interest-rate hikes to battle inflation takes a toll on growth in Latin…
By Anthony Boadle BRASILIA (Reuters) – Jose Mucio, a veteran politician known for his negotiating skills, will be Brazil’s next defense minister, tasked with smoothing over relations between the country’s…
By Anthony Boadle BRASILIA (Reuters) – When Brazilian President-elect Luiz Inacio Lula da Silva was barred from running for office four years ago, he turned to one of his most…
MEXICO CITY (Reuters) – Brazilian digital bank Nubank, Latin America’s largest fintech, announced on Tuesday a $330 million equity capitalization in Mexico, as it pushes to expand operations there. The…
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark interest rate at a cycle-high of 13.75% next week, stressing heightened worries over new…
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank said on Wednesday that 12.2% of borrowers from authorized financial institutions are in a “risky indebtedness” situation, with the total number…
BRASILIA (Reuters) – Brazilian central bank director Diogo Guillen said on Tuesday that markets are more sensitive to fiscal news and that fiscal developments enter into policymakers’ decisions through the…
BRASILIA (Reuters) -Brazil’s federal public debt increased in October after three consecutive months of decline, official data showed on Friday, driven by debt interest payments. The stock of federal public…
By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian bank Banco Safra acquired control of financial conglomerate Alfa for 1.03 billion reais ($192.2 million), the bank said in a statement late…
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto on Wednesday reiterated concerns about the spending program planned by the government of President-elect Luiz Inacio Lula da Silva, saying…
By Cassandra Garrison MEXICO CITY (Reuters) – Brazil’s Nubank, Latin America’s star financial technology firm, began launching Mexican savings accounts on Wednesday as it looks to scoop up market share…
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes projected on Tuesday that the country’s gross debt would fall to 74.3% of GDP in 2022, the lowest level since 2018 (75.3%).…
By Catarina Demony LISBON (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva said on Saturday that fiscal responsibility was crucial but that spending to improve the country’s economy and…
By Gabriel Stargardter RIO DE JANEIRO (Reuters) – Brazil’s army, which is facing calls from President Jair Bolsonaro’s supporters to stage a coup after his election loss, is unhappy its…