Currency has been losing ground against the dollar, in its deepest plunge since January 2022; short-term interest rates soar with worsening exchange rate 07/02/2024 Otavio Oliveira da Silva — Foto: Carol Carquejeiro/Valor The perception that risks to the government accounts’ track have not diminished, coupled with an international scenario of high pressure on emerging markets due to rising […]
CEO for Latin America argues that competing with Chinese rivals doesn’t depend on tax timing 06/28/2024 Guy Rodríguez — Foto: Gabriel Reis/Valor Automotive industry leaders have recently mobilized to urge the government to reconsider the gradual increase in import taxes for electric cars and instead implement the maximum rate of 35% all at once. However, Guy […]
President calls those who blamed him for the currency’s weakening “morons” 28/06/2024 President Lula — Foto: Ricardo Stuckert/PR President Lula expressed irritation on Thursday over analyses regarding the devaluation of the Brazilian currency, the real, against the dollar. During a meeting of the Economic and Social Development Council, Mr. Lula called those who blamed him for […]