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Marcela Ayres

Brazil investors cheer as support rises for Bolsonaro's election bid

Oct 02 2018

BRASILIA Brazilian markets surged on Tuesday as stronger polling for far-right presidential candidate Jair Bolsonaro and a Congressional farm caucus endorsement boosted expectations that he may block the leftist Workers Party from returning to power.

Brazil investors cheer as support rises for Bolsonaro's election bid

Oct 02 2018

BRASILIA, Oct 2 Brazilian markets surged on Tuesday as a Congressional farm caucus endorsement and stronger polling for far-right presidential candidate Jair Bolsonaro boosted expectations that he may block the leftist Workers Party from returning to power.

Why Brazil's business elites are warming to a far-right flamethrower for president

Oct 01 2018

SAO PAULO/BRASILIA Brazil's business class is quietly rooting for far-right presidential candidate Jair Bolsonaro to win the nation's highest office this month, fearful of a return to leftist rule in Latin America's largest economy.

RPT-ANALYSIS-Why Brazil's business elites are warming to a far-right flamethrower for president

Oct 01 2018

SAO PAULO/BRASILIA, Oct 1 Brazil's business class is quietly rooting for far-right presidential candidate Jair Bolsonaro to win the nation's highest office this month, fearful of a return to leftist rule in Latin America's largest economy.

UPDATE 1-Brazil central bank sees muted effect of currency slump on inflation

Sep 25 2018

BRASILIA, Sept 25 The Brazilian real's slide to near all-time lows has had only limited impact on prices even as core inflation accelerates to "appropriate levels," the central bank said on Tuesday, suggesting it was in no rush to raise interest rates.

Brazil holds interest rates, may hike if outlook worsens

Sep 19 2018

BRASILIA Brazil's central bank on Wednesday held interest rates at an all-time low but said it could gradually raise them if the outlook worsens, highlighting how the upcoming presidential vote is increasingly weighing on monetary policy.

Brazil FX crisis boosting passthrough to inflation -central bank study

Sep 05 2018

BRASILIA, Sept 5 Currency weakness tends to push up inflation more during crises such as the one currently ravaging through Brazilian financial markets, a central bank study showed, suggesting a deeper-than-expected impact from the Brazilian real's recent slump.

Brazil deal to end truckers' strike rattles Petrobras investors

May 28 2018

BRASILIA/SAO PAULO Petrobras shares plunged 15 percent on Monday after Brazil's government offered new fuel subsidies and softened the oil producer's pricing policy in a bid to settle a truckers' strike that has wreaked havoc on Latin America's largest economy.

Advisor to right-wing Brazil candidate says privatise it all

May 28 2018

RIO DE JANEIRO Brazil should privatise everything from lender Banco do Brasil to oil company Petróleo Brasileiro SA, the main economic adviser to leading presidential candidate Jair Bolsonaro told Reuters, underscoring the far-right congressman's overtures to the business community.

Advisor to right-wing Brazil candidate says privatize it all

May 28 2018

RIO DE JANEIRO, May 28 Brazil should privatize everything from lender Banco do Brasil to oil company Petróleo Brasileiro SA, the main economic adviser to leading presidential candidate Jair Bolsonaro told Reuters, underscoring the far-right congressman's overtures to the business community.

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