Brazil's real currency is forecast to trade slightly stronger, at around 6 per U.S. dollar at the end of 2025 following a punishing year of losses, a Reuters poll of foreign exchange analysts showed.
Brazil registered a total net outflow of $18.01 billion in 2024, the largest amount since 2020, central bank data showed on Wednesday, amid a historic depreciation of the Brazilian real in the final weeks of the year.
Brazilian authorities are gathering in capital Brasilia to mark the second anniversary of an alleged coup attempt by supporters of former far-right President Jair Bolsonaro.
Brazil is offering about $815 million in financing for projects aimed at boosting development of strategic minerals within the South American nation.
Brazilian judge Alexandre de Moraes, who last year had led the Supreme Court decision that temporarily suspended social media platform X in the country, said on Wednesday tech firms would need to comply with laws in order to keep operating in Brazil.
The operation was successful, and the 79-year-old Lula is "well" and being monitored in the intensive care unit, the note said.
Brazil’s industrial output fell for the second straight month, signaling that tight financial conditions are taking toll on the credit-dependent sector as the central bank prepares to take interest rates even higher.
Brazilians in 2024 withdrew more from savings accounts than they deposited for a fourth straight year, although the outflow fell significantly, central bank data showed on Wednesday. Net withdrawals of 15.
Brazil's president on Wednesday marked the second anniversary of the alleged coup attempt by supporters of former far-right president Jair Bolsonaro. The building in Brasilia was one of those trashed by Bolsonaro supporters in 2023 in their bid to trigger a military intervention that would oust Lula from office.
Manchester City are exploring a January deal for Brazilian youth international Vitor Reis, who is valued at around €40m, sources have told ESPN.
Catholics in the small Brazilian city of Santo Antonio de Goias celebrated the Epiphany throughout the weekend and into Monday, the same day the rest of the nation observed Three Kings Day.