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Economy

Standard & Poor’s cuts Brazil’s outlook to stable

The stable outlook means the agency does not intend to change the country’s rate for the next two years.

Diagnóstico Laboratorial, que realiza testes de diagnóstico de coronavírus no Centro Wielkopolska de Pneumologia e Cirurgia Torácica em Poznan
Economy

Butantan Institute director: Brazil plight to be gauged in next weeks

" We’ll learn [in the coming weeks] whether we’re facing an Everest or a foothill", said Dimas Covas, director at the Butantan Institute and a member of the Coronavirus Contingency Committee

Edifício-Sede do Banco Central do Brasil em Brasília
Economy

Central Bank may release $124 billion into economy

Loans will have institutions’ credit portfolios as guarantee, with operations due in 30 to 359 days.

Economy

Brazil reports 12.3 million unemployed in February

Research analyst Adriana Beringuy said the surge comes as a result of expected seasonal market dynamics.

O secretário do Tesouro Nacional, Mansueto Almeida, durante entrevista coletiva para comentar o Resultado Primário do Governo Central de janeiro.
Economy

Deficit in public accounts may exceed $67.8 bi this year

Brazil’s National Treasury Secretariat Mansueto Almeida said this year “is going to be rather atypical” due to the measures to cope with COVID-19.