World Trade Organization chief warns against trade fragmentation trends

In an interview with Valor Econômico, Alberto Ramos, Goldman Sachs’ Director of Macroeconomic Research for Latin America, lauded the efforts of the Central Bank of Brazil (BC) in managing the nation’s economy. He commended the Bank’s decision to maintain a higher Selic rate – a move previously criticized by Luiz Inácio Lula da Silva’s administration. […]