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Most Brazilians take a packed lunch to work
Most Brazilian workers (56%) take a packed lunch or a snack to eat at work. The figure can be found in a survey entitled Panorama da Alimentação no Trabalho (“Panorama of Food at Work”), by the...
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Brazil's Central Bank hikes basic interest rate to 11.25% a year
The recent surge in the dollar and ongoing uncertainties about inflation and the global economy prompted Brazil's Central Bank to accelerate interest rate hikes. The Monetary Policy Committee (Copom)...
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Brazil: Commodity devaluation shrinks trade surplus in October
The devaluation of various commodities—primary goods with international price fluctuations—and the rise in imports driven by the economy's recovery led to a sharp decline in Brazil's trade surplus in...
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G20 Social final report should propose taxing the super‑rich
Márcio Macêdo, the Brazilian president’s secretary-general on Thursday (Nov. 7) stressed the importance of society’s participation in the discussions at the G20 summit meeting, to be held in Rio de...
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Official inflation rises to 0.56% in October
Consumer price index IPCA, which serves to gauge Brazil’s official inflation, stood at 0.56 percent in October this year. The rate is higher than those observed in the previous month (0.44%) and in...
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Oil tops Brazil's export list in third quarter
Petrobras, which operates nearly 90 percent of Brazil's oil production, surpassed agribusiness and mining in export rankings for the third quarter of this year with its oil exports. The announcement...
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Central Bank sells international reserves to curb the dollar
For the first time in almost three months, the Brazilian Central Bank is intervening in the exchange rate in an attempt to hold down the rise in the US dollar. On Wednesday (Nov. 13), the monetary...
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To tackle climate change, agriculture aims for transformation
For the third consecutive year, the Inter-American Institute for Cooperation on Agriculture (IICA) is bringing the House of Sustainable Agriculture to a United Nations Climate Change Conference—COP29,...
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Lula advocates for “social pillar” in future G20 meetings
Participating in the closing ceremony of the G20 Social Summit in Rio de Janeiro on Saturday (Nov. 16), President Luiz Inácio Lula da Silva announced that the group has gained “a third pillar,”...
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Tax on the super-rich approved in G20 leaders' declaration
Meeting in Rio de Janeiro, the heads of state and government of the G20, the main forum for international economic cooperation, endorsed a proposal for progressive taxation, which calls for the...
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