Tag: Paulo Guedes

• Friday, October 15th 2021 - 01:27 UTC

  Bolsonaro now wants Petrobras privatized

  

  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.”

• Wednesday, October 13th 2021 - 09:05 UTC

  Guedes dismisses IMF estimates for Brazil's growth this year and 2022

  

  Brazil's orthodox Economy minister Paulo Guedes anticipated that the multilateral institutions such as the IMF, once again are going to err their forecasts on the Brazilian economy growth. The comment follows on the IMF release stating that the Brazilian economy is estimated to grow 5,2% this year and 1,5% in 2022, below the government's forecasts.

• Monday, October 11th 2021 - 09:52 UTC

  Argentine FM hold a successful meeting with Brazil's Economy Minister as part of his mission rebuilding Mercosur ties

  

  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

• Wednesday, October 6th 2021 - 22:33 UTC

  Brazilian officials mentioned in Pandora Papers under investigation for possible tax evasion

  

  Brazil's Economy Minister Paulo Guedes, one of the world leaders mentioned by name in the so-called Pandora Papers report released by the International Consortium of Investigative Journalists (ICIJ) admitted he had placed some of his money in offshore accounts, but “always within the law.”

• 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.

• 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.