Brazil

Thursday, December 11th 2025 - 10:00 UTC
Brazil: Selic rate kept at 15% for the fourth consecutive time

The Monetary Policy Committee (Copom) of Brazil's Central Bank (BCB) unanimously decided on Wednesday to keep the economy's base interest rate known as Selic at 15% per annum, in accordiance with market expectations, given the current declining inflation and economic slowdown.
Tuesday, December 9th 2025 - 21:58 UTC
Southern Brazil hit by extratropical cyclone

Heavy rainfall triggered by an extratropical cyclone battering Southern Brazil caused widespread flooding on Tuesday, turning streets into rivers and hillsides into waterfalls across Florianópolis, São José, Palhoça, and Biguaçu.
Monday, December 8th 2025 - 10:55 UTC
Poll shows Lula would easily beat Bolsonaro's son in runoff

A Datafolha poll released this weekend showed that incumbent President Luiz Inácio Lula da Silva would beat Senator Flávio Bolsonaro, -a son of the incarcerated former President Jair Bolsonaro- by at least 15 percentage points in a potential runoff: 51% to 36%.
Saturday, December 6th 2025 - 10:01 UTC
Brazil's economy grows 0.1% in Q3 of 2025

Brazil's economy expanded by 0.1% in the third quarter of 2025 compared with the previous quarter. Year-on-year, Brazil's Gross Domestic Product (GDP) —the measure of the total value of goods and services produced in the country—rose by 1.8%. Over the past four quarters, GDP registered cumulative growth of 2.7%, according to a Brazilian Institute of Geography and Statistics (IBGE) report released this week.
Thursday, December 4th 2025 - 11:20 UTC
Argentine judge rules in favor of extraditing 5 defendants convicted in Brazil's coup d'état case

Buenos Aires Federal Judge Daniel Rafecas ruled Wednesday to extradite five Brazilian nationals who were convicted for their roles in the January 8, 2023, attacks on Brazil's government headquarters.
Wednesday, December 3rd 2025 - 11:16 UTC
Brazil clinches export clearances with Philippines, Guatemala, and Nicaragua

Brazilian authorities have completed negotiations with the Philippines, Guatemala, and Nicaragua to expand agricultural exports to these countries after reaching an understanding on sanitary and phytosanitary requirements.
Wednesday, December 3rd 2025 - 10:59 UTC
Lula and Trump discuss organized crime and trade tariffs

Presidents Luiz Inácio Lula da Silva of Brazil and Donald Trump of the United States held a 40-minute telephone conversation on Tuesday, focusing on boosting joint efforts to combat international organized crime and the further reduction of US tariffs on Brazilian goods.
Tuesday, December 2nd 2025 - 10:42 UTC
Bioceanic Corridor feared to be seized by traffickers

Paraguayan Senator Esperanza Martínez of the leftwing Frente Guasú party has raised concerns over a scandal involving the sale of public land at the head of the Bioceanic Corridor bridge in Carmelo Peralta. The lawmaker claimed that “narcos” were seizing the territory
Monday, December 1st 2025 - 21:30 UTC
Brazil's Central Bank lowers inflation forecast for 2025

Brazil's Broad National Consumer Price Index (IPCA) projections for this year have slipped from 4.45% to 4.43%, according to the latest issue of the weekly Focus Bulletin (FB) released by the Central Bank (BCB) on Monday. The IPCA is tantamount to the country's inflation index.
Friday, November 28th 2025 - 10:10 UTC
Brazil launches yet another Scorpene submarine

Brazil's Navy celebrated a milestone in its naval modernization program (ProSub) this week with the ceremonial launch of the Almirante Karam (S43), the fourth Scorpene-class submarine built in the country under a strategic agreement with France.