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Brazil talks up local currency in the BRICS trade. Brazil’s Foreign Minister, Mauro Vieira, says using local currencies in BRICS trade will make transactions faster and cheaper. He discussed this on the “Good Morning Minister” TV show, produced by Brazil Communication Company. Last month, BRICS leaders met in Johannesburg. They asked their finance ministers to […]
In November, Brazil’s federal public debt surged to a record R$ 6.33 trillion ($1.31 trillion), marking a 2.48% rise from the previous month, October 2023. The rise of R$ 153.11 billion ($31.57 billion) is the highest ever in its history. The National Treasury reported this data on Wednesday (27 Dec). Public debt includes the government’s […]
