Lula government defends Justice Alexandre de Moraes amid controversy over social media restrictions while Ministry of Foreign Affairs says Brazil “firmly rejects any attempt to politicize judicial decisions” 02/27/2025 The U.S. State Department issued a statement on Wednesday (26) criticizing punitive actions against American companies “for refusing to censor people,” a reference to rulings by […]
Investors react to policy uncertainty and fiscal risks as exchange rate per U.S. dollar rises to R$5.80 and interest rates climb 02/27/2025 Domestic market stability, which had marked 2025 so far, was shaken by a wave of news from Brasília. Uncertainty over a cabinet reshuffle, strong labor market data, and indications that the government is […]
Brazilian currency started weakening against the dollar again, following wave of appreciation that took it to R$5.70 from R$6.18 in late 2024 02/25/2025 The dollar’s exchange rate to the real had seen a significant drop at the start of this year, averaging R$5.70 last week from R$6.18 at the end of 2024. Now it’s back […]