Contrary to optimism in world markets, shares in Brazil dropped 3,28% on average following news of a new Brazil Auxilio program intended to give monetary support to some 17 million families described as vulnerable or suffering the consequences of Covid-19. But to achieve this the budget cap on expenditure must be violated or hidden behind some accounting cosmetics.
Brazil's President Jair Bolsonaro once again Monday defended his decision not to take a COVID-19 vaccine and described the attitude of governors and mayors who demanded vaccination passports in their jurisdictions as “vicious.”
Brazilian former president Lula da Silva is preparing to build bridges with the business community to appease markets and economic agents, given some of his latest statements criticizing policy decisions from the current administration of president Jair Bolsonaro.
Brazil's poverty indexes are on the rise despite President Jair Bolsonaro's claims that his actions, however controversial from a sanitary viewpoint regarding the COVID-19 pandemic, were always aimed at sustaining the country's economy.
Brazil's President Jair Bolsonaro Thursday hinted he might put the national oil company Petrobras up for sale after being criticized for an increase in the price of fuel. During the 2018 presidential campaign, the retired Army Captain said he would only privatize it if there was no other solution.
Charges against Brazil's President Jair Bolsonaro have been filed before the Hague-based International Criminal Court (ICC) for deforestation of the Amazon, it was announced Tuesday.
Brazil's President Jair Bolsonaro Monday objected to being labelled a denier as a consequence of his approach at the COVID-19 pandemic, which has officially killed over 600,000 people in South America's largest country.
Brazilian President Jair Bolsonaro was not allowed to enter a football stadium to watch Gremio's match against Santos because he was not vaccinated against COVID-19.
Argentine Foreign Minister Santiago Cafiero, Ambassador Daniel Scioli and Productive Development Minister Matías Kulfas Saturday met in Brasilia with Brazilian Economy Minister Paulo Guedes to deepen the new economic ties between the two countries
Brazil's President Jair Bolsonaro said his country had suffered relatively little going through the COVID-19 pandemic and wondered why don't they call [US President Joseph] Biden genocidal?