Brazil's interest rates remained unchanged on Wednesday after the central bank held its first monetary policy meeting under its new chief Roberto Campos Neto. The central bank's unanimous decision -- only the second since pro-business President Jair Bolsonaro took power in January on a promise to revive Latin America's biggest economy -- to keep rates at 6.5% was in line with market expectations.
The Brazilian government wants trade to represent 30% of the country’s gross domestic product by the end of 2022, with one official saying on Wednesday it will get there on the back of President Jair Bolsonaro’s liberalization plans.
Brazil’s agreement with the United States to forgo special treatment by the World Trade Organization (WTO) would apply only to future negotiations within the multilateral trade body, Director General Roberto Azevedo said on Wednesday.
Brazilian President Jair Bolsonaro's approval rating plunged in March, a poll showed Wednesday, after a series of political scandals tarnished his anti-corruption image.
United States president Donald Trump and Brazil’s new leader Jair Bolsonaro forged a bond over their shared brand of conservative and populist politics on Tuesday, with Trump pledging to give more U.S. support to Brazil’s global ambitions.
The United States and Brazil have agreed to steps aimed at lowering barriers to agricultural trade, focusing on wheat, pork and beef, the presidents of the two nations said in a joint statement on Tuesday.
Brazilian stocks topped 100,000 points for the first time Monday, on hopes for progress in President Jair Bolsonaro's promised pro-market reforms. The Ibovespa, the country's main index in Sao Paulo, hit an intra-day record of 100,037.69 before closing at its highest level ever of 99,993.93, up 0.86% from the previous trading session.
Brazilian President Jair Bolsonaro, on his first official visit to Washington, declared himself an unabashed admirer of the United States and said he was seeking a new era of close relations after what he called decades of anti-American leaders.
The Brazilian government on Monday waived visa requirements for visitors from the United States, Canada, Australia and Japan, a measure to boost tourism that was first temporarily adopted before the Rio Olympics in 2016.
Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.