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Low food prices and high interest rates behind Brazil's waning inflation - Vimarsana News

Low food prices and high interest rates behind Brazil's waning inflation

After Brazil's statistics bureau IBGE (Brazilian Institute of Geography and Statistics) released the inflation for 2023 in the South American country (4.72%), Agencia Brasil delved into the possible reasons behind this achievement and determined that low food prices and high interest rates played a significant role.

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree – Winnipeg Free Press - Vimarsana News

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree - Vimarsana News

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree

Brazilian President Luiz Inácio Lula da Silva on Friday unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years, part of a larger effort to boost economic growth and employment in Latin America’s largest nation. The Growth Acceleration Program, known under its Portuguese acronym PAC, has been met with skepticism from analysts and investors, who say previous, similarly ambitious programs have included projects that never saw the light of day and opened the door to vast corruption schemes. Funding include...

Source: yahoo.com
Volkswagen halts car production in Brazil - Vimarsana News

Volkswagen halts car production in Brazil

Despite a government incentive program for the automotive industry, which offers temporary discounts for car purchases, Volkswagen's decision to halt production stands.

Source: ebc.com.br
12 Underrated Miniseries That You Need To Check Out - Vimarsana News

12 Underrated Miniseries That You Need To Check Out

In the U.S., the miniseries format is undergoing a revival; internationally, it never went away. Here are a few stand-out miniseries you might've missed.