Brazil
Brazil
Fri, 20 Dec 2024 10:30:00 GMTBrazil's real recovers against US dollar
Brazil's Central Bank (BCB) successfully maneuvered Thursday and got the US dollar to fall against the local real after volatility gripped financial markets amid President Luiz Inácio Lula da Silva's planned taxation reforms, ...
Thu, 19 Dec 2024 10:19:00 GMTImproved air connectivity heralds busy summer season in Brazil
Brazil's tourism authorities expect a record-breaking summer season thanks to a recent boost in air connectivity, particularly with direct flights between Rio de Janeiro and Montevideo, Agencia Brasil reported.
Wed, 18 Dec 2024 22:17:00 GMTUS dollar soars in Brazil amid fiscal uncertainty
Amid uncertainty stemming from President Luiz Inácio Lula da Silva's planned measures, the US dollar soared Wednesday against the Brazilian real, hitting a new record of R$ 6.26 = US$ 1 while the stock market fell above 3%, al...
Wed, 18 Dec 2024 10:22:00 GMTBrazil: Selic rate expected to keep growing next year
Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) said Tuesday in a document that further hikes to the basic interest rate (Selic) were not to be ruled out next year given the rise of the US dollar against the Bra...
Mon, 16 Dec 2024 20:57:00 GMTBrazil's STF launches AI writing tool
Starting Monday, Brazil's Supreme Federal Court (STF) is using Artificial Intelligence (AI) software to write documents and produce images, videos, music, and audio. The Support Module for Writing with Artificial Intelligence h...