The average unemployment rate in 2024, however, was 6.6%, the lowest level since the beginning of the data series in 2012.

Cosan faces significant challenges due to high leverage, rising interest rates, and currency devaluation, leading to a 65% ...

Brazil's gross debt rose less than expected in 2024, supported by the central bank's sale of foreign reserves in December, a ...

Fintech firm AstroPay has obtained a Payment Institution (PI) licence issued by the Central Bank of Brazil. The licence ...

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Brazilian President Luiz Inacio Lula da Silva said Thursday that if US counterpart Donald Trump hiked tariffs on Brazilian products, he would reciprocate -- but that he would prefer improved relations ...

Brazil's central government met its 2024 primary budget target, Treasury data released on Thursday showed, defying more ...

AstroPay, a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic ...

Brazil's President Lula da Silva supports Central Bank Chief Gabriel Galipolo's decision to raise interest rates. Lula appointed Galipolo and assures he will lower rates when suitable, maintaining ...

Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...

Brazils central bank raised its benchmark Selic rate by 100 basis points to 13.25% on Wednesday, marking the second ...