Tag: Paulo Guedes

• Tuesday, September 28th 2021 - 09:49 UTC

  Brazil's Economy Minister favors one-on-one deals despite Mercosur's current ban

  

  Brazil's Economy Minister Paulo Guedes Monday said Mercosur would “modernize” and anyone against that was free to leave the bloc.

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• Thursday, September 2nd 2021 - 08:54 UTC

  Brazil's GDP suprisingly 0,1% in the red

  

  Brazil's Gross Domestic Product (GDP) contracted 0.1% in the 2nd quarter of 2021, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday.

• Wednesday, September 1st 2021 - 09:24 UTC

  Inflation-15 in Brazil reached a twelve-month 9,30% in August

  

  The anticipated inflation for the eighth month of the year in Brazil, which measures the second half of July and the first half of August, reached 0,89% according to the official stats office IBGE and is the highest since August 2002.

• Thursday, August 26th 2021 - 09:08 UTC

  “Mercosur needs urgent modernization” and Brazil can't be prisoner of an institutional accord

  

  Brazilian Economy minister Paulo Guedes told Congress that Mercosur no longer has for Brazil the same importance it had when it was launched, a kind of jumping board for the country to advance in competition terms.

• Thursday, July 22nd 2021 - 09:55 UTC

  Bolsonaro announces cabinet reshuffle and casts doubts on his running for a second term as Brazil's president next year

  

  Brazil's President Jair Bolsonaro Wednesday announced he was evaluating a cabinet reshuffle and also expressed doubts about running for a new term in office in October 2022.

• Friday, May 28th 2021 - 09:53 UTC

  Minister Guedes says Brazil favors the modernizing of Mercosur

  

  “We are liberal but not stupid,” said Brazil's Economy Minister Paulo Guedes Thursday during a virtual event where he explained that his country has no intention of leaving Mercosur, but it does want to modernize it.

• Thursday, May 20th 2021 - 09:32 UTC

  Brazil wants Mercosur to agree on a 20% reduction of the Common External Tariff

  

  Brazil is determined that Mercosur's Common External Tariff, TEC, be reduced by 20% in two rounds of unilateral cuts, 10% immediately, and the other 10% in December. This is the official strategy and position of Brazil for the extraordinary meeting in June of the four founding members of the group, in Buenos Aires, underlined Lucas Ferraz, foreign trade secretary of the Brazilian Ministry of the economy.

• Thursday, February 25th 2021 - 10:37 UTC

  Bolsonaro praises Economy minister Guedes trying to overcome the Petrobras controversy

  

  Brazilian President Jair Bolsonaro praised his Economy Minister Paulo Guedes as the “anchor” of his government, in an attempt to quash speculation of a deepening division between the two after Bolsonaro last week ousted Petrobras CEO triggering a plunge in markets.

• Saturday, February 13th 2021 - 08:38 UTC

  Bolsonaro has congress support to extend pandemic emergency payments for another four months

  

  The leaders of Brazilian congress two chambers announced on Friday priority will be given to reviving pandemic emergency payments to the vulnerable population, which are expected to be granted in four months, from March to June.

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.