Brazil's oil and gas giant Petrobras started implementing a reduction in fuel prices at its refineries gates, effective this week. Gasoline price with being reduced 6,1% from R$ 3,28 to R$ 3,08, while A diesel on average will be dropping from R$ 4,89 to R$ 4,49, equivalent to an 8,2% rebate.
The transition team leading Brazil from the current Jair Bolsonaro administration to the one headed by former President Luiz Inácio Lula da Silva due to take office on Jan. 1 Wednesday announced that the South American country was some US$ 1 billion behind with its payments to international organizations.
Outgoing Brazilian president Jair Bolsonaro has informed his immediate advisors and followers that he will not be participating in the January first taking office ceremony of president-elect Lula da Silva. It has been 100% decided, there's no going back, was the message from the conservative leader.
Brazil's yearly inflation has been projected to reach 5.92% by the end of 2022, a 0.01% increase from last week's estimates, according to the Central Bank's (BCB) bulletin released Monday, while the Gross Domestic Product is expected to close at 3.05%.
Five-time champions Brazil Monday advanced to the quarterfinals of the Qatar 2022 football World Cup with a 4-1 rout of South Korea giving Uruguay some comfort that had they not been eliminated earlier they would have most likely had to endure a similar disgrace.
By Felipe Tirado (*) – Like many extremist and authoritarian leaders before him, outgoing Brazilian president Jair Bolsonaro seized on national symbols during his rise to power and tried to make them his own. The national football shirt is a case in point. For years many Brazilians avoided wearing the famous yellow shirt because of its association with Bolsonaro and far-right politics.
Fans of the club where Brazilian football legend Pele started his career convened Sunday at the Albert Einstein Hospital, in the western Morumbi area, to show their solidarity for Edson Arantes do Nascimento, better known as Pelé, who is undergoing cancer treatment.
Despite a last shock surprise defeat against Cameroon, Brazil is in the Round of 16 and still standing as one of the favorites to reach the final round of Qatar 2022 World Soccer Cup. And despite its sporting performance, Brazil has had a huge leap in bilateral trade with the buildup to the Qatar event.
Brazil's President-elect Luiz Inácio Lula da Silva Friday said that whoever is appointed economy minister under him will have the necessary autonomy so long as he or she does not forget who was the one elected for the people to rule the country, which meant that the head of state will not be absent from the most relevant decisions.
Sometime this month, probably after 12 December Brazilian president-elect Lula da Silva will be meeting with US President Joe Biden at the White House. The news was confirmed in Washington and in Lula's headquarters.