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Tag: Finance Minister

By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27...
By Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL - Despite a raft of recent stimulus measures, data released last week showed Brazilian industry continuing to perform poorly over recent months, as it reacts to the crisis in Europe and lower global...
By Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL - The Brazilian government announced Wednesday a stimulus package of R$8.4 billion of public-sector purchases to combat slow economic growth. Finance Minister Guido Mantega and President Dilma Rousseff announced the raft of...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil’s finance minister, Guido Mantega, reiterated his opinion Monday that the appreciating U.S. dollar will increase the competitiveness of Brazilian industry. Speaking at the finance ministry, Mantega said that...
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 Jaylan Boyle, Contributing Reporter RIO DE JANEIRO - With a famous wife and an infamous temper, Ciro Gomez of the Brazilian Socialist Party (PSB) cuts quite the dashing figure in Brazilian politics. Next year he will in all likelihood...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Brazil's Finance Minister, Guido Mantega, announced Brazil's fall into recession just last month, yet the foreign press continues to expound positively on the country's well being. A closer look at...

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