Page 3 - Brics Grouping News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Despite Ukraine war, polarised global climate, there is a rush to join the grouping

Impacted for the coming months. but we start to see inflation going down. once the government is able to show that they will be responsible, that the fiscal management will be a priority for the new government, we will start to see the economy and the interest rates and all this premium being lowered, and the interest rates can be lowered in a not a fast pace, but at least we can start to see the rate cuts in the horizon. and ana carla, if we look at the brics grouping, i'm wondering how do you see brazil's continued relations with russia? that's a very important question, aaron, because brazi...

Lowered in a not a fast pace, but at least we can start to see the rate cuts in the horizon. and ana carla, if we look at the brics grouping, i'm wondering how do you see brazil's continued relations with russia? that's a very important question, aaron, because brazil has been trying to be more neutral than maybe the majority of the population would want to in terms of the russian—ukrainian war, even lula, bolsonaro before, but even lula, he has been very cautious in his positioning about the war, but he's very cautious in terms of being in the middle of the way. doesn't hurt the relationshi...

Terms, we are talking about 8% real interest rate, which is huge. of course, the economy has been impacted and it will still be impacted for the coming months. but we start to see inflation going down. once the government is able to show that they will be responsible, that the fiscal management will be a priority for the new government, we will start to see the economy and the interest rates and all this premium being lowered, and the interest rates can be lowered in a not a fast pace, but at least we can start to see the rate cuts in the horizon. and ana carla, if we look at the brics groupin...