(Bloomberg) — A labor dispute at Brazil’s environmental regulator is gumming up Latin America’s largest economy, with major oil and mining projects facing delays and imported cars piling up at ports. Most Read from Bloomberg Protests by government employees over staff shortages and low wages also threaten to undermine President Luiz Inacio Lula da Silva’s […]
(Bloomberg) — Brazil’s top economic officials are at odds over a closely-watched fiscal target just days before the government must finalize its 2025 budget outline, according to two people with knowledge of the situation. Most Read from Bloomberg The Finance Ministry, led by Fernando Haddad, wants to maintain its original aim for a primary fiscal […]
After slipping in the polls, a simple jog — viewed 10 million times on Instagram — could give Brazil’s President Lula a bit of a boost. The 78-year-old leader, who had a hip operation last year, went viral this week showing off his bare arms and legs as he ran around the elegant Alvorada Palace, […]
By Lisandra Paraguassu and Rodrigo Viga Gaier BRASILIA (Reuters) – The fallout from a missing Petrobras dividend may have shifted the balance in a tug-of-war between the CEO of the state-run firm and the energy minister holding sway over its board. Chief Executive Jean Paul Prates saw his proposal for an extraordinary dividend, widely expected […]
SAO PAULO (AP) — Brazil’s economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva, according to the government statistics institute Friday. The number announced by IBGE impressed many economists, whose overall forecaste early last year was for only 0.8% growth in 2023. Brazil’s […]
SAO PAULO (AP) — Brazil’s economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva, according to the government statistics institute Friday. The number announced by IBGE impressed many economists, whose overall forecaste early last year was for only 0.8% growth in 2023. Brazil’s […]