Brazilian central bank president Roberto Campos Neto said he has not been sounded out about replacing Economy Minister Paulo Guedes when he eventually leaves his post, and said the whole notion is a “non-issue.”
Brazil posted a trade deficit of US$1.745 billion in January, official data showed on Monday, the first shortfall for the month of January in five years and an indication that trade might continue to be a drag on overall economic growth.
Brazil posted a trade surplus of US$ 3.28 billion last month, the widest surplus for August since 2017 and almost 20% wider than the US$ 2.28 billion surplus in August last year, the Economy Ministry said.
Brazilian lawmakers dealt a blow to the country's graft-busting Justice Minister Sergio Moro on Thursday, when a congressional committee voted to transfer a key tool for monitoring financial transactions to the recently formed Economy Ministry.