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News from Brazil: Against Expectations, Brazil's Central Bank Maintains Interest Rate at 6.5%
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thursday, may 17, 2018
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Brazil's Central Bank in São Paulo
Against Expectations, Brazil's Central Bank Maintains Interest Rate at 6.5%
The institution also indicated that the cycle of interest rate cuts has ended - it began in October 2016, when the rate was as high as 14.25%; The decision surprised financial market analysts, who expected a new cut of 0.25%
São Paulo Police Kill more Men, Blacks and Youth
There are more men, blacks and young people killed as a result of police interventions than the number of murder victims in the State of São Paulo, according to unpublished research
Prehistoric Fossils Found in Squatting Area in Southern Brazil
The fossils of animals that lived between 42 million and 39 million years ago were found in 16-hectare site in the Brazilian city of Curitiba, in a place surrounded by squatting areas and at the back of an old hospital waste landfill
Visitors Pick what they Eat at Historic Farms in the Coffee Valley
Physically, the Coffee Valley covers an area of 15 municipalities in southern Rio de Janeiro State, in time, it exists somewhere between the 19th century and today; In varying states of preservation, their owners allow a glimpse into how the beneficiation process for the coffee bean worked
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Brazilian Prosecution Office Indicts JBS' Executives and Ignores Agreement
The Federal Prosecution Office indicted JBS' executives and informers Joesley Batista and Francisco de Assis on charges of active corruption, money laundering, violation of functional confidentiality and obstruction of investigations
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Debt faced by Brazilian States Goes Up Another US$ 4 billion Due to Rising Dollar
Some states that are already dealing with the hardships of having to tackle their budget deficits will have to deal with an additional difficulty: the dollar has risen consistently in recent weeks, impacting foreign currency debts
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