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By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – The president of Brazil's Central Bank, Alexandre Tombini, said that he is not surprised by the sharp rise in food prices reported from February to March this year, and...
By Jack Whibley, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian real, dropped in value for the sixth successive time on Monday despite the Brazilian Central Bank’s attempts to curb the fall. Brazil's currency closed on Monday at...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Economists from a range of financial institutions have lowered their economic growth forecasts for Brazil this year, predicting a weak GDP but also lower inflation than previously expected, according...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – In the face of an ever-worsening global financial crisis, it seems Brazil’s economic juggernaut will not be stopped. In the first ministerial meeting of the year today,...
By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL - Head of the Brazilian Central Bank Alexandre Tombini, indicated yesterday it will continue with its policy of gradually cutting interest rates, despite fears over inflation. The readjustment comes in light of the contraction...
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