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Dilma Rousseff, president of the BRICS Bank, criticized the United States for using the dollar as a geopolitical tool and causing the devaluation of developing countries’ currencies. Speaking at a forum in Beijing, she accused the U.S. of hindering the growth of emerging economies by pursuing containment policies, targeting Japan in the past and now […]
On Tuesday, Brazil’s National Treasury announced a primary surplus of R$11.1 billion ($2.14 billion) for Brazil’s central government in April. This result, which encompasses the Treasury, Central Bank, and Social Security, fell short of the R$13.35 billion ($2.58 billion) surplus analysts had anticipated. Comparatively, the surplus was R$15.6 billion ($3.01 billion) in the same month […]
The Brazilian Chamber of Foreign Trade CNC projects a real revenue of R$458 billion ($92 billion) for Brazil’s tourism in 2023. This marks an 8.8% increase from 2022. Extended holidays contribute to this growth. Each long holiday could add 2.1% to yearly revenue. In monetary terms, that’s an extra R$48 billion ($9.6 billion). This is […]