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Nestor Rabello

UPDATE 2-Brazil to raise ethanol blend in gasoline to 27 pct on Feb 15

Feb 02 2015

BRASILIA, Feb 2 Brazil's struggling sugar and ethanol mills got more good news on Monday after the government granted an expected increase in the national blend of the biofuel in gasoline to 27 percent on Feb. 15 from the current 25 percent, industry officials said.

Brazil seeks additional $7.7 billion with first round of tax hikes

Jan 19 2015

BRASILIA/SAO PAULO Brazil on Monday announced tax increases on fuel, imports and consumer loans aimed at raising 20.6 billion reais (5 billion pounds) in additional revenues this year, although some economists have warned the measures may boost inflation.

Brazil seeks additional $7.7 billion with first round of tax hikes

Jan 19 2015

BRASILIA/SAO PAULO Brazil on Monday announced tax increases on fuel, imports and consumer loans aimed at raising 20.6 billion reais ($7.7 billion) in additional revenues this year, although some economists have warned the measures may boost inflation.

Brazil seeks additional $7.7 billion with first round of tax hikes

Jan 19 2015

BRASILIA/SAO PAULO Brazil on Monday announced tax increases on fuel, imports and consumer loans aimed at raising 20.6 billion reais ($7.7 billion) in additional revenues this year, although some economists have warned the measures may boost inflation.

Brazil likely to suspend debt payments of coffee farmers -ministry

Nov 22 2013

BRASILIA, Nov 22 Brazil will likely suspend debt payments being made by its struggling coffee producers as prices for the commodity remain near four-year lows, the agriculture ministry said on Friday.

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