Tag: Paulo Guedes

• Thursday, August 29th 2019 - 08:42 UTC

  Petrobras privatization: still the crown jewel and needs congressional approval

  

  Brazil's influential finance minister has convinced President Jair Bolsonaro to consider the once-unthinkable step of privatizing state-owned oil company Petrobras , but stiff political opposition could stifle any effort to sell the country's corporate crown jewel.

• Friday, August 16th 2019 - 07:53 UTC

  Dollar volatility in Argentina eases in line with political dialogue

  

  Argentine markets bucked the dismal three-day losing streak on Thursday, amid signs of political compromise and a new central bank measure to prop up the embattled currency.

• Friday, August 16th 2019 - 07:21 UTC

  “If Cristina Kirchner gets in and closes the economy,” Brazil will leave Mercosur

  

  Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.

• Tuesday, August 13th 2019 - 21:13 UTC

  Feeble domestic demand linked to Brazilian economy's performance on the verge of recession

  

  Brazil likely fell into recession in the second quarter according to a key gauge of economic activity that comes as policymakers grapple with high unemployment and weak investments as well as a global slowdown.

• Friday, August 9th 2019 - 10:40 UTC

  Brazil's pension reform bill could be extended to states and municipal governments

  

  Brazil’s Senate is expected to consider extending pension reform to states and municipal governments as it moves to vote on a bill overhauling the social security system, lawmakers said on Thursday.

• Friday, August 2nd 2019 - 09:54 UTC

  Brazil already engaged in trade talks with United States, says minister Guedes

  

  Brazil has begun negotiating a trade agreement with the United States, the South American country’s economy minister said, kicking off knotty talks between longstanding competitors whose leaders want closer commercial ties.

• Friday, July 26th 2019 - 09:34 UTC

  Bolsonaro and Economy minister cell phones hacked: four suspects arrested

  

  Brazilian President Jair Bolsonaro's cell phones were allegedly targeted by a group of hackers who are also accused of breaching the devices of the investigators in a massive corruption probe, the justice ministry said on Thursday.

• Tuesday, July 9th 2019 - 10:07 UTC

  Brazil ready for decisive voting on pension reform bill

  

  Brazilian House speaker Rodrigo Maia said over the weekend he expects the lower Congressional House to begin voting on the pension reform bill this Tuesday. After a meeting with Congressional leaders on Saturday in Brasilia, Maia said he will begin discussing the bill with party leaders on Monday and expects voting to begin late on Tuesday.

• Monday, July 8th 2019 - 10:58 UTC

  Politics and the significance of Brazil winning its ninth Copa America title

  

  Brazil’s soccer team won its ninth Copa America title on Sunday, wearing the squad’s legendary yellow and green jersey. But in the nation’s bitterly polarized political environment, some fans felt unable to wear the colors.

• Friday, July 5th 2019 - 08:42 UTC

  Brazilian stocks at new records as pension reform clears key congressional hurdle

  

  Brazilian markets rallied on Thursday and stocks hit the highest level on record, as the government’s cornerstone pension reform bill cleared a key congressional hurdle. The special pension reform committee in Congress passed the basic text by a vote of 36 to 13, and the reform bill could now be only two weeks from achieving full lower house approval.