Tag: Nelson Barbosa

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government announced on Friday it was cutting federal spending by R$23.4 billion (almost US$6 billion) in the 2016 budget as the country faces one of the largest recession...

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian real was shaken once again on Thursday in relation to the U.S. dollar with Central Bank’s decision to maintain the country’s benchmark interest rate on Wednesday night at...

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance Minister of Brazil, Nelson Barbosa, arrived in Zurich, Switzerland today (Tuesday) and has already scheduled talks with foreign investors about investment opportunities in Brazil. The minister is also expected...

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The economic team in Brazil announced on Monday measures that they say will help reduce the expected deficit for 2016 and allow them to reach their goal of a surplus...

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After weeks of speculations, the new economic team to lead Dilma Rousseff’s administration in its second term was announced on Thursday: Joaquim Levy will take over as Brazil’s new Finance...