Page 35 - Steven Grattan News Today

Chile's government now expects gross domestic product (GDP) to grow 0.2% in 2023, Finance Minister Mario Marcel told the Senate on Wednesday, revising its forecast down from a previous estimate of 0.3%.

SANTIAGO (Reuters) - Chiles government now expects gross domestic product (GDP) to grow 0.2% in 2023, Finance Minister Mario Marcel told the Senate on ...

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he expects the Senate to pass by the end of the year a proposed tax reform restructuring the countrys complex consumption taxes, which gained approved from the lower house last week.

SAO PAULO, June 29 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Thursday the countrys inflation targets were excessively rigid and renewed criticism of the central bank for high interest rates ahead of a...

SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Thursday the country's inflation targets were excessively rigid and renewe...

SAO PAULO, June 29 (Reuters) - Brazilian truck rental company Vamos said on Thursday it has priced a follow-on share offering at 11.00 reais per share, raising 868.2 million reais ($179.26 million) to boost its organic growth. ...

In its quarterly inflation report, the central bank forecasts a 2.0% expansion in gross domestic product (GDP) for 2023, up from the 1.2% estimate in March. The central bank emphasized that the outlook ahead points to an economic slowdown as the cumulative effects of domestic monetary policy and the influence of global growth deceleration take hold. Regarding bank lending, the central bank now anticipates a 7.7% increase in 2023, up from the 7.6% reported before.

BRASILIA (Reuters) - Brazils federal electoral court (TSE) on Thursday began a third day of hearings in a case against former president Jair Bolsonaro that could see him barred from political office for nearly a decade.

BRASILIA (Reuters) -Former President Jair Bolsonaro was on the cusp of losing his political future on Thursday, as three of a required four federal electoral court justices ruled he had abused his power in last year's fraught election. Bolsonaro could find himself barred from public office until 2030 if a majority of the Brasilia court's seven judges find he abused his power by summoning ambassadors to vent unfounded claims about Brazil's voting system ahead of last year's vo...

SAO PAULO, June 28 (Reuters) - Brazilian airline Azul said on Wednesday that a group accounting for roughly 86% of holders of bonds expiring in 2024 and 2026 have agreed with an exchange offer proposed by the c...