BRASILIA (Reuters) - Brazil closed 2024 with a current account deficit equivalent to 2.55% of gross domestic product (GDP), the central bank said on Friday, more than double the level seen in the previous year after reporting a shortfall in December.
Brazil’s government will cut some import taxes and eschew both price controls and the use of fiscal measures as it rushes to lower food costs, a top cabinet official said Friday.
Brazil’s former President Jair Bolsonaro says he is the victim of political persecution as he accompanied his wife to the airport to board a flight to represent him at U.S.
Brazil taps veteran diplomat to lead COP30
· 3d · on MSN
Brazil taps COP30 head, warns of Trump's impact on climate talks
Brazil Leads Developing Nations at COP30 Climate Summit
Brazil aims to highlight developing nations' needs at the COP30 climate summit, as tensions rise over the U.S. withdrawal from the Paris Agreement. Andre Correa do Lago anticipates tough negotiations but sees this as a vital opportunity to push for fairer climate financing practices.
Brazil taps veteran diplomat to lead COP30 as Trump quits UN climate accord
Brazil has chosen a veteran diplomat for the top job at the UN COP30 climate summit as the country attempts to balance action on global warming with the US’s exit from the Paris climate agreement under President Trump.
Brazil moved swiftly to rule Bolsonaro ineligible for office until 2030, a penalty that could be extended by ongoing criminal investigations. In Washington, however, Republicans in the Senate helped acquit Trump in an impeachment trial that would have prevented him from seeking the presidency again.
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with an additional risk: a government debt profile with growing sensitivity to high interest rates.
Brazil's ex-president Jair Bolsonaro said Thursday that he hoped supporters arrested during a 2023 assault on the national seats of power would benefit from an amnesty, much like those of US President Donald Trump.
Former Brazilian President Jair Bolsonaro accused the country’s supreme court of persecuting him on Saturday after his appeal against a travel ban was rejected.
Sparkle has opened a new Point of Presence (PoP) in Brasilia to support the growing demand for international connectivity in Brazil. First in Brasilia and fifteenth in the country, the new PoP expands Sparkle’s network capillarity in Brazil – featuring presence also in Fortaleza,
Sparkle, the first international service provider in Italy and among the top global operators, opens a new Point of Presence (PoP) in Brasilia to support the growing demand for international connectivity in Brazil.
Brazil intends to strengthen the influence of developing nations in climate finance discussions at the upcoming COP30 summit. This comes amid challenges following the U.S. withdrawal from the Paris Agreement.
Rodrigo Agostinho, head of IBAMA, Brazil's federal environmental agency, for two years now, spoke with Mongabay about the progress of his agency and the challenges it faces in protecting the country's biomes after four years of regression under former president Jair Bolsonaro.
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