Category

Brasilia

Brazil Treasury swells emergency cash buffer to record 1.12 trillion reais Brasilia

Brazil Treasury swells emergency cash buffer to record 1.12 trillion reais

BRASILIA — Brazil’s government increased its emergency cash buffer in March to cover future debt obligations and other due payments to more than 1 trillion reais, Treasury figures showed on Wednesday, as public debt also rose to a new all-time high. The Treasury swelled its liquidity cushion, essentially an emergency…
bubmag
April 28, 2021
Brazil cuts environment spending one day after U.S. climate summit pledge Brasilia

Brazil cuts environment spending one day after U.S. climate summit pledge

Author of the article: BRASILIA — Brazil’s President Jair Bolsonaro approved a 24% cut to the environment budget for 2021 from last year’s level, according to official numbers published on Friday, just one day after he vowed to increase spending to fight deforestation. Speaking on Thursday to the summit organized…
bubmag
April 24, 2021
Brazil’s Bolsonaro appoints central bank directors to fixed terms By Reuters Brasilia

Brazil’s Bolsonaro appoints central bank directors to fixed terms By Reuters

© Reuters. FILE PHOTO: Brazil’s Central Bank President Campos speaks at a media statement in Brasilia BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro on Tuesday appointed central bank chief Roberto Campos Neto and seven directors to fulfill their fixed-term mandates on the monetary authority’s board. The appointments were published in…
bubmag
April 20, 2021
Novas Frequências x Fact: Drendiela – Tempo Circular Brasilia

Novas Frequências x Fact: Drendiela – Tempo Circular

An audiovisual collage reflecting the nature of time from Brazilian experimental musician Drendiela. In the third of a series of works from Brazilian festival Novas Frequências’s 2020 programme, Fact presents Tempo Circular, an audiovisual work by Drendiela, an electronic artist based in Brasília. Although Drendiela has been making experimental sound collages…
bubmag
March 12, 2021
Brazil judge annuls ex-leader Lula’s convictions, opening door to 2022 presidential run Brasilia

Brazil judge annuls ex-leader Lula’s convictions, opening door to 2022 presidential run

Former Brazilian president Luiz Inacio Lula da Silva gestures as he leaves the Federal Police Headquarters, where he was serving a sentence for corruption and money laundering, in Curitiba, Parana State, in November 2019. Photo: AFP The surprise decision means the popular left-wing politician could face incumbent Jair Bolsonaro in…
bubmag
March 8, 2021
Brazil stocks to stay skittish in coming weeks over budget wrangling Brasilia

Brazil stocks to stay skittish in coming weeks over budget wrangling

BUENOS AIRES/BRASILIA/MEXICO CITY — B razil’s stock market will remain nervous in coming weeks as officials wrangle over budget measures to support the country’s poorest amid a local coronavirus pandemic that has surpassed 10 million cases, a Reuters poll found. Brazilian equities were broadly predicted to soar almost 17% from…
bubmag
February 25, 2021