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The Latest Breaking News from Paulo Guedes

Don't Confuse Javier Milei With Jair Bolsonaro

Argentina's rising political star is a very different sort of politician.

Reason

Brazil's Bolsonaro considering minimum wage increase after leaked reports

Brazil President Jair Bolsonaro's government is considering raising the minimum wage and civil servants' salaries above inflation, Economy Minister Paulo Guedes said on Tuesday, but he denied intentions to end middle class tax benefits.

Reuters

Brazil seeks international support for IDB presidency, says Guedes

Brazilian Economy Minister Paulo Guedes said the government is seeking international support for the country's nominee to head the Inter-American Development Bank (IDB), expected to be presented in the coming days, but whose name he did not reveal.

Reuters

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Brazil's Guedes says IMF overlooked inflation surge, praises Brazil for 'acting early'

Brazilian Economy Minister Paulo Guedes criticized the International Monetary Fund for failing to spot surging inflation, saying it led to "misguided" advice, in contrast to early action in Brazil that he said has put the country ahead of the curve in controlling rising prices.

Reuters

Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?

Both of Brazil's presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional spending limit that defined fiscal policy in Latin America's biggest economy for the past six years.

Reuters

Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?

Reuters

Jaishankar co-chairs Joint Commission Meeting with Brazilian FM, discusses cooperation in defence, petroleum sectors

Mr. Jaishankar is on the second leg of his maiden official visit to three Latin American countries

The Hindu

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Bolsonaro, Lula vie for votes by pledging longer low-income aid

Brazil President Jair Bolsonaro and challenger Luiz Inacio Lula da Silva pledged to preserve 600 reais ($118) in monthly government aid to poor families while campaigning for election in October.

Tribune News Service

Eletrobras goes private with Bolsonaro bell ring

Sao Paulo (AFP) - Brazilian President Jair Bolsonaro rang the bell at the Sao Paulo stock exchange Tuesday to mark the start of trading in shares of newly privatized electricity company Eletrobras, the second-biggest stock offering worldwide this year.

AFP

Globalization's cheerleaders grasp for new buzzwords at Davos

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Reuters

Brazil courts give Guedes 10 days to explain election-year tax cut

Investigators from Brazil's electoral courts have given the Economy Ministry 10 days to explain a huge tax cut on industrial goods such as televisions and refrigerators over concerns about its legality and impact on the October election.

Reuters

Brazil's Lula wants seasoned politician to run economic policy if he wins -advisers

Former Brazilian President Luiz Inacio Lula da Silva, who leads opinion polls for October's election, wants to recruit a former governor or other seasoned politician to run economic policy if he wins, close advisers to the leftist leader told Reuters.

Reuters

Brazil's Guedes condemns war in Ukraine, but is against economic sanctions on Russia

Brazil's Economy Minister Paulo Guedes said on Tuesday the country clearly condemns Russia's invasion of Ukraine, but is against economic sanctions imposed on Moscow.

Reuters

Russia asks Brazil to help keep sway at IMF, World Bank

Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help it counter crippling sanctions imposed by the West since it invaded Ukraine, according to a letter seen by Reuters.

Reuters

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news in one place.

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Reuters

Brazil's economy minister Guedes says he would stay for Bolsonaro second term

Brazilian Economy Minister Paulo Guedes said he was ready to remain in office for a potential second term of President Jair Bolsonaro, but indicated that he would need support for his pro-market agenda.

Reuters

Bolsonaro's campaign manager casts doubt on Guedes staying for 2nd term -report

Brazilian Senator Flavio Bolsonaro, who manages the campaign committee for President Jair Bolsonaro's reelection, said he did not know whether Economy Minister Paulo Guedes would remain in the government for a second term, noting that his role is "tiring."

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