Tag: Guido Mantega

• Thursday, February 16th 2012 - 07:22 UTC

  Brazil cuts 2012 spending to meet budget surplus and allow interest rates to fall

  

  Brazil will cut 55 billion Reais (32 billion dollars) from this year’s budget to allow interest rates to fall, while increasing investment to boost growth in the world’s second-biggest emerging market.

• Tuesday, December 20th 2011 - 07:21 UTC

  Argentina/Brazil propose higher external tariffs for Mercosur

  

  Argentina supported by Brazil has proposed increasing Mercosur Foreign External Tariff to better defend the group when country members are being flooded with cheap imports.

• Friday, December 9th 2011 - 07:16 UTC

  November inflation in Brazil up 0.52% and 6.64% in last twelve months

  

  Brazilian consumer prices rose faster than expected in November. Inflation as measured by the benchmark IPCA index, quickened to 0.52% last month from 0.43% in October.

• Monday, December 5th 2011 - 05:22 UTC

  Brazil and BRIC beat forecast of the man who coined the term

  

  Ten years ago this week, Jim O’Neill, chairman of Goldman Sachs Asset Management, coined the term BRIC, elevating the profile of four countries, Brazil, Russia, India and China, that he thought were poised to become “growth economies.”

• Friday, December 2nd 2011 - 19:41 UTC

  Brazil ready to support IMF but demands greater power for BRICS countries

  

  Brazil conditioned the disbursement of more funds for the IMF to help countries in crisis to a greater say in the multilateral organization and the advance of European initiatives to solve the current Euro and debt crisis.

• Friday, December 2nd 2011 - 00:04 UTC

  Brazil announces measures to stimulate economy and domestic consumption

  

  Brazil's Finance Minister Guido Mantega announced Thursday a package of measures aimed at stimulating the economy and domestic consumption, amid an international crisis mainly affecting developed nations as a consequence of the Euro situation.

• Thursday, December 1st 2011 - 00:35 UTC

  Mantega to be retained in Brazilian cabinet shuffle expected for January

  

  Brazilian President Dilma Rousseff plans to replace a handful of ministers to streamline the cabinet when she completes a year in office in January but the shuffle does not include Finance minister Guido Mantega, according to Planalto sources.

• Wednesday, November 23rd 2011 - 20:37 UTC

  Brazil expects a flat third quarter but a strong recovery by end of the year

  

  The performance of the Brazilian economy during the third quarter “could very well be flat” according to Nelson Barbosa the second most important man behind Guido Mantega in the Finance ministry.

• Thursday, November 10th 2011 - 06:11 UTC

  Euro crisis: Brazil says capital flight from emerging economies has started

  

  Members from the Brazilian and Uruguayan governments have warned about the increase of capital flight from emerging countries as the Euro crisis lags in search of a strong decision.

• Friday, October 28th 2011 - 04:42 UTC

  Brazil encouraged by Europe’s plan announcement but wants to look at details

  

  Brazil's government is encouraged by Europe's announcement of a plan to resolve the nagging debt crisis, though more details are needed on the proposal to determine its viability, Brazilian Finance Minister Guido Mantega said Thursday.