Brazil closed 2024 with a current account deficit equivalent to 2.55% of gross domestic product (GDP), the central bank said on Friday, more than double the level seen in the previous year after reporting a shortfall in December.
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by mid-year,
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates by 100 basis points at its meeting next week.
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with an additional risk: a government debt profile with growing sensitivity to high interest rates.
A Rio de Janeiro zoo is giving ice pops to a bear, a jaguar, wolves and monkeys for some welcome relief from Brazil’s stifling summer heat.
Wildfires in Brazil last year consumed a total area larger than all of Italy, a monitor reported Wednesday, as the country continues to battle blazes often set by farmers and ranchers illegally expanding their territory.
Former Brazilian President Jair Bolsonaro accused the country’s supreme court of persecuting him on Saturday after his appeal against a travel ban was rejected.
Brazil’s former President Jair Bolsonaro says he is the victim of political persecution as he accompanied his wife to the airport to board a flight to represent him at U.S.
Fernanda Torres’s award-winning performance anchors this dramatic portrait of an indomitable woman and her family.
The discussions are happening as the NFL seeks to finalize its slate of international games in 2025. Commissioner Roger Goodell said in November that the league is shooting for eight games next season and that he expects Brazil to be among the hosting countries.
Indigenous art goes home to Brazil, rights are granted to children born to Malaysian mothers overseas, and farms help birds migrate.