Carmaker’s announcement demonstrates “confidence” in Brazilian economy, Geraldo Alckmin said 03/04/2024 Geraldo Alckmin — Foto: Cadu Gomes/VPR Vice President Geraldo Alckmin said Sunday (3) that he was about to attend an event on Tuesday (5) at Toyota to announce an investment of R$11 billion in Brazil for the production of new vehicle lines. According to […]
Despite federal government compensation, states could face tough 2024 after losing revenues from taxes, federal grants 03/04/2024 Renata dos Santos — Foto: Ricardo Ledo/Valor While the federal government compensated states for losses from lower collection of the Tax on Circulation of Goods and Services (ICMS), the combined revenues of Brazil’s 26 states and the Federal […]
Economists discuss whether it’s time for monetary authority to revise forecasts of 50bp cuts in key interest rate 03/04/2024 Gabriel Galípolo — Foto: Pedro França/Agência Senado As monetary easing progresses in Brazil, a debate is gaining momentum in the market as to when the Central Bank’s Monetary Policy Committee (COPOM) will adjust the communication of […]