Brazil’s finance minister, Fernando Haddad, said U.S. President Trump’s tariffs are “a generic thing for everyone,” and reaffirmed Lula administration’s willingness to negotiate 02/12/2025 Brazil’s minister of institutional relations, Alexandre Padilha, stated on Tuesday (11) that Brazil “will not engage in any trade war” when commenting on the tariffs imposed by U.S. President Donald Trump […]
CEO Milton Maluhy Filho says projections could improve if macro conditions exceed expectations, while analysts view bank’s outlook as conservative 02/07/2025 After another year of record results in 2024, Itaú Unibanco, Brazil’s largest private bank, released a conservative guidance for 2025, according to market analysts. Itaú CEO Milton Maluhy Filho emphasized on Thursday (6) that […]
Fewer Brazilians are in debt or behind on payments, but more income is going toward loan repayments, according to trade association CNC 02/07/2025 The share of indebted and delinquent consumers declined in January, according to the Consumer Debt and Delinquency Survey by the National Confederation of Commerce of Goods, Services, and Tourism (CNC). However, the […]