Brazil

• Sunday, December 11th 2022 - 08:30 UTC

  Brazilian central bank keeps Selic rate at 13,75%; anticipates hawkish approach to combat future inflation

  

  The Brazilian central bank maintained the benchmark Selic at 13.75% for a third consecutive meeting this week, as expected by all analysts. It was the last rate meeting before Lula da Silva assumes the country’s presidency on January first.

• Saturday, December 10th 2022 - 10:19 UTC

  Brazilian President makes first public appearance in almost two months

  

  In one of his first appearances after losing the Oct. 30 runoff, Brazilian President Jair Bolsonaro Friday praised the Armed Forces Friday and called on his fellow countrypeople to stand together against President-elect Luiz Inácio Lula da Silva, whom he never congratulated on his win.

• Friday, December 9th 2022 - 19:58 UTC

  Penalty shootout marks the end of the run for Brazil in Qatar

  

  Croatia prevailed 4-2 on penalties over Brazil after a goalless draw during a regular time that finished 1-1 after the extra time to reach the semifinals of the Qatar 2002 football World Cup.

• Friday, December 9th 2022 - 10:11 UTC

  Lula to announce some of his future ministers Friday

  

  Brazil's President-elect Luiz Inacio Lula Da Silva is expected to announce some of the names that will make up his cabinet once he takes office on Jan. 1 on Friday just before the quarterfinal football match between the South American country's national team and that of Croatia at the Qatar 2022 World Cup.

• Thursday, December 8th 2022 - 19:12 UTC

  SARS on the rise in Brazil, Fiocruz data shows

  

  Brazilian health authorities have reported an increase in the number of cases of Severe Acute Respiratory Syndromes (SARS) in 22 states and the Federal District, where three out of every four detections were of COVID-19.

• Wednesday, December 7th 2022 - 12:26 UTC

  Cheaper gasoline and diesel fuel prices in Brazil

  

  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.

• Wednesday, December 7th 2022 - 09:53 UTC

  Brazil behind in contributions to global agencies

  

  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.

• Tuesday, December 6th 2022 - 10:15 UTC

  Bolsonaro will not participate in Lula's taking office ceremony; who will deliver the presidential sash?

  

  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.

• Tuesday, December 6th 2022 - 09:48 UTC

  Brazil's Central Bank adjusts 2022 inflation projections by 0.01%

  

  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%.

• Monday, December 5th 2022 - 23:21 UTC

  South Korea no match for Brazil at Qatar 2022

  

  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.