After pushback on poor poll numbers, communications minister defends strategy and insists all ministers must take responsibility 04/04/2025 Brazil’s minister of Social Communication, Sidônio Palmeira, said on Thursday that all cabinet ministers bear responsibility for President Lula’s low approval ratings, as indicated by recent opinion polls. He was asked about the matter following an event organized by the […]
Industry fears an influx of low-cost imports and pressure on local jobs and production as Chinese sellers seek new markets 04/04/2025 Brazilian retailers and consumer goods manufacturers are expressing concerns about the potential impact of the U.S. government’s recent decision to impose higher tariffs on certain Chinese products, according to industry representatives. As of May 2, items […]
Economists see inflation closer to 5% than 5.5%; Treasury yields fall 04/04/2025 The sweeping global tariffs announced on Wednesday (2) by U.S. President Donald Trump—on what he dubbed “Liberation Day”—may create downward pressure on Brazil’s inflation outlook for this year. Economists now see inflation numbers hovering around 5%, rather than above 5.5%. The median projection in the Central […]