Argentina and Brazil are looking at ways to stimulate bilateral trade and investments but not eliminate their own currencies, according to Brazilian Finance Minister Fernando Haddad, who played down the idea of a single shared currency between the two Mercosur partners.
Brazil's Economy Minister Fernando Haddad said Tuesday after a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva that the agency was willing to help South America's largest country handle its fiscal situation, Agencia Brasil reported.
Brazil's Minister of Finance Fernando Haddad and the Minister of Environment Marina Silva will be the official representatives to the World Economic Forum, (WEF) scheduled for January 16/20 in Davos, Switzerland and the message from the delegation to global investors is that the weekend's turmoil belongs to the past and Brazil is ready to play its important role in international politics.
Former Presidential candidate and Senator Simone Tebet, who endorsed Luiz Inácio Lula da Silva in the Oct. 30 runoff against the incumbent Jair Bolsonaro, has reportedly accepted to become Brazil's next Planning Ministry, according to press reports published Tuesday in Brasilia. The official announcement is to be made Wednesday.
Former Brazilian President Luiz Inácio Lula Da Silva and his economic team would push for a unified regional currency like the Euro to end South America's inclination to the US dollar should he win the Oct. 2 elections over the incumbent Jair Bolsonaro, it was reported Monday.
Facebook Inc’s fine for withholding WhatsApp messages from a drug-trafficking investigation in Brazil should be reduced to 23 million reais (US$ 5 million), a Brazilian federal appeals court ruled on Tuesday.
Former Brazilian president Lula da Silva on Friday said the country is governed by a “gang of madmen” in his first interview from prison, where he is serving an almost nine-year sentence.
Brazil’s top electoral authority said it has found irregularities in the campaign accounts of President-elect Jair Bolsonaro and gave him three days to explain. In a document published late Monday, the TSE electoral court described possible campaign donations from illegal sources, donations from unidentified donors and lack of information on how campaign funds were spent, among other issues.
Several Latin American presidents and political activists are scheduled to hold the First Forum of Critical Thinking next week in Buenos Aires, just a few days before the G20 summit which this year in being hosted by Argentina and will convene the world's leaders.
With 99.99% of votes counted, it has become evident that one third of Brazilians turned their backs on the two candidates which have polarized the presidential election and its runoff this Sunday, 28 October.