Search results
Results from the WOW.Com Content Network
Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's ...
Brazil's congressional budget committee approved on Thursday the country's 2024 budget bill, with a shallower-than-expected spending cut in President Luiz Inacio Lula da Silva's growth ...
MARCH 10: Luiz Inacio Lula da Silva, Brazil's former president, speaks during a press conference after convictions against him were annulled at the Sindicato dos Metalurgicos do ABC on March 10 ...
Along with the problem of poverty, Brazil is among the ten most unequal countries in the world, according to the Institute of Applied Economic Research (Ipea) of Brazil. Brazil has 0.539 by the Gini index, based on 2018 data. It is among the ten most unequal countries in the world, being the only Latin American in the list where Africans appear.
During the economic crisis, high unemployment rates were reported throughout the country, and there was widespread uncertainty regarding Brazil's economic future following a series of political scandals. [3] In the first quarter of 2017, Brazil's GDP rose by 1%. This was the first GDP increase to occur in eight consecutive quarters.
The economic crisis led to a political one which, with other factors, culminated in the impeachment of Dilma Rousseff. The fiscal crisis was not an explicit cause of her impeachment. [18] Internal Dilma Rousseff, Michel Temer: COVID-19 pandemic In 2020, as Brazil was still recovering from the 2014 crisis, it was struck by the COVID-19 pandemic ...
SAO PAULO (Reuters) -Brazil's President Luiz Inacio Lula da Silva said on Monday that there is no explanation for keeping the country's benchmark interest rate at the current 11.25% level apart ...
Brazil has resisted gathering momentum in the BRICS group of major emerging economies to add more member countries, but debate over admission criteria seems inevitable at this month's summit ...