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Economy

Petrobras CEO denies change in oil giant's pricing policy

The hike in fuel prices is part of the Brazilian government’s agenda in Brasília for the second day in a row. Finance Minister Eduardo Guardia and Energy Minister Moreira Franco met Petrobras CEO Pedro Parente today (May 22) to address the issue.

Brasília - O ministro da Fazenda, Henrique Meirelles, fala à imprensa após participar do programa Agora Brasil, na NBR, canal de TV da EBC (José Cruz/Agência Brasil)
Economy

Brazil finance minister says recession now history

“The economic recession is a thing of the past,” said Brazilian Finance Minister Henrique Meirelles Friday (May 12) at a cabinet meeting on Temer's now one year long administration. The assembly was held at the Planalto presidential palace, in Brasília.

Politics

Rousseff calls for austere spending

The first cabinet meeting of the second Rousseff administration took place in Brasília on Tuesday (Jan. 27), attended by all 39 ministers. President Dilma Rousseff called for austere spending and practical action against political corruption.

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