Latin American stocks rose on Tuesday in line with world stocks as positive data from China and Germany boosted investor sentiment, while currencies in the region slid against a firm dollar. MSCI’s index of Latin American stocks rose 0.8 percent after three-straight sessions of losses with shares in Brazil leading gains. Volumes remained subdued on account of a shortened trading week for the Easter holidays.
Petroleo Brasileiro SA’s market-based diesel pricing policy remains unchanged and Brazil’s president has no intention of meddling in Petrobras’ internal affairs, high-ranking government officials said on Tuesday.
Petroleo Brasileiro SA’s market-based diesel pricing policy remains unchanged and Brazil’s president has no intention of meddling in Petrobras’ internal affairs, high-ranking government officials said on Tuesday.
First thing to be taken into consideration is security; in the stamp of Inmetro, there is indication of the ideal age for the young consumers
Members of the body will be responsible for evaluating programs and establishing guidelines for the cultural policy of the State of São Paulo
Eighth edition of the action will count on PM teams distributed in 2,301 points throughout the State of São Paulo
On Monday (15), the Military Police unleashed the São Paulo Safer Operation throughout the State of São Paulo, starting at 5 o'clock in the morning.
The performance of the Brazilian economy will be terrible, with an average of 450,000 new unemployed people every year, if the Retirement Reform defended by President Jair Bolsonaro is approved, a renowned expert warned recently.
Brazil’s central bank chief on Friday refused to wade into a controversy over government meddling in pricing at Brazilian state oil giant Petrobras, but said he favored free market pricing and limited government interference in general.
Farming is big in Brazil. The country’s beef, coffee, sugar and soybean exports are world beaters. If not for the haul from the countryside, Brazil’s worst recession on record, lasting 11 quarters from April 2014 to December 2016, would surely have been deeper still.
Heads of digital transformation and digital lab managers will be highly sought after in the coming months, according to a new study.
Despite the political and economic instability seen in Brazil in recent years the local technology jobs market is booming, according to a new study by recruitment firm Hays.
Brazilian businessmen that began the year with high hopes the economy would finally rebound amid optimism with President Jair Bolsonaro’s administration are growing increasingly impatient at just how slow things are going.
Rabobank analysts note that the Brazil’s IPCA – official inflation index – posted a gain of 0.75% m/m in March, much above the consensus (0.63%), with food inflation being the main surprising factor, while the year-on-year reading jumped to 4.6% (from 3.9%), topping the BCB’s mid-target but still lying within the tolerance band (4.25% +/- 1.5 p.p.).
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Brazil’s central bank is focused on keeping inflation under control, not targeting growth, even though the economic recovery has undershot expectations and risks remain to the downside, central bank chief Roberto Campos Neto said on Wednesday.
Latin American stocks fell on Tuesday, led by declines on Brazil’s Bovespa as investors awaited more clarity on the much- awaited pension reform, while currencies in the region were mixed against a softer dollar. MSCI’s index of Latin American stocks fell 0.7 percent, with broad-based losses across indexes. Sao Paulo-traded stocks fell more than 1 percent, led by shares of financial companies, which are typically sensitive to news regarding the pension reform.
Latin American shares fell on Wednesday led by Brazil stocks as the government’s ability to build political consensus on the pension reform remained uncertain, while currencies of net crude exporters in the region rose on the back of higher oil prices. MSCI’s index of Latin American stocks fell marginally with most indices in the red, barring Mexico stocks which edged 0.2 percent higher.
Study is conducted by scientists Institute of Physics of São Carlos, USP; procedure is under evaluation
Amount transferred corresponds to the weekly pass-through of ICMS; the amounts are equivalent to 25% of the tax collection
The 645 cities of São Paulo received the weekly pass-through of the ICMS. This time it was R $ 530.47 million. The deposit made by the Secretariat of Finance and Planning refers to the amount collected during the period from April 1 to 5. The amounts correspond to 25% of the tax collection.
Latin American stocks fell on Tuesday, led by declines on Brazil’s Bovespa as investors awaited more clarity on the much- awaited pension reform, while currencies in the region were mixed against a softer dollar. MSCI’s index of Latin American stocks fell 0.7 percent, with broad-based losses across indexes. Sao Paulo-traded stocks fell more than 1 percent, led by shares of financial companies, which are typically sensitive to news regarding the pension reform.
A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company’s biggest divestment draws to a close.
Latin American stocks were flat on Monday, partly subdued by delays in important pension reform in Brazil, while currencies in the region rose against a weak dollar but Argentina’s peso hovered around record-low levels on political uncertainty. MSCI’s index of Latin American stocks was little changed with stocks in Colombia’s IGBC index leading gains. Sao Paulo-traded stocks rose for a third straight day led by shares of energy companies as oil prices hit five-month highs.
Latin American currencies firmed on Monday, helped by a soft dollar as global risk appetite rose, while equities in Latin America climbed on gains clocked in each of the region’s countries, especially among resource stocks. Demand for the dollar was dented by easing fears of global growth slowing at the start of a week featuring a slew of data due from China, a key buyer of Latin America’s resources exports. Chinese inflation and trade data for March is due later this week.
The preferential trade agreement between the Southern African Customs Unions (SACU) and the Southern Common Market (Mercosur) trade blocs has led to a steady increase of South African exports into Brazil.
This is according to the South African Foreign Economic Representative in Brazil, Shanaaz Ebrahim.
The challenge facing Brazilian lawmakers of reforming the country’s social security system to put public finances back on track is huge, but one they are meeting head on, finance minister Paulo Guedes said on Friday.
Presenting an image of unity with some of the key congressional figures whose support he needs to help build the political consensus required to secure approval, Guedes said commitment to pension reform across the spectrum is solid.
Brazilian President Jair Bolsonaro is staking much of his political capital on a plan to shore up the country’s costly social security system, which he hopes will kick-start the country’s economy and boost investor sentiment.
The government is, however, struggling to sell its proposal to the public and lawmakers. Legislation will almost certainly be watered down, and passage through both houses of Congress could be a long, drawn-out process.