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Brazil's Central Bank marks seventh increase of interest rate

Brazil's Central Bank marks seventh increase of interest rate

(MENAFN) Brazil’s Central Bank has raised its benchmark Selic interest rate by 0.25 percentage points, bringing it to 15 percent annually, the highest level since July 2006. This marks the seventh rate increase since the monetary tightening cycle...

Brazil’s Central Bank Pushes Selic Rate to 15 Percent

Brazil’s Central Bank Pushes Selic Rate to 15 Percent

(MENAFN) On Wednesday, Brazil’s Central Bank raised its key Selic interest rate by 0.25 percentage points, bringing the annual rate to 15 percent. This marks the seventh straight increase since the tightening cycle began last August. The Monetary...

Biosolutions could create more than 600,000 jobs and unlock hundreds of billions in growth for Europe

Biosolutions could create more than 600,000 jobs and unlock hundreds of billions in growth for Europe

Biosolutions could create more than 600,000 jobs and unlock hundreds of billions in growth for Europe A new report reveals that biosolutions could generate EUR 133 billion in economic gains and create over 600,000 jobs across all of Europe by...

Deputy Minister David Masondo: Supreme Audit Institutions

Deputy Minister David Masondo: Supreme Audit Institutions

Chairperson of the Supreme Audit Institutions (SAI)20 and the South African Auditor-General Tsakani Maluleke; and thank you for extending this invitation to speak here today. Honourable Minister Vital do Rêgo Fil-ho of SAI Brazil Deputy...

Brazil Logistics Market Size, Share, Growth, Trends, Report, 2025-2033

Brazil Logistics Market Size, Share, Growth, Trends, Report, 2025-2033

Brazil logistics market to reach USD 172.9 billion by 2033, growing at 3.94% CAGR. BRAZIL, BRAZIL, BRAZIL, June 17, 2025 /⁨EINPresswire.com⁩/ -- Brazil Logistics Market Overview Base Year: 2024 Forecast Years: 2025–2033 Historical Years: 2019–2024...

Brazil Rolls Out "More Equality" Initiative to Tackle Racism

Brazil Rolls Out "More Equality" Initiative to Tackle Racism

(MENAFN) Brazil has rolled out a bold new initiative designed to tackle racism head-on and advance racial equality across the nation, the government gazette revealed on Tuesday. Named "More Equality," this effort seeks to foster collaboration...

Belo Sun Shareholders Approve New Board and Governance Structure to Lead Strategic Transformation

Belo Sun Shareholders Approve New Board and Governance Structure to Lead Strategic Transformation

TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or “Company”) (TSX: BSX, OTCQX: BSXGF) is pleased to announce that its shareholders approved a major renewal of the Company’s governance structure during today’s Annual...

Brazil Reduces 2025 Inflation Outlook to 5.25 Percent

Brazil Reduces 2025 Inflation Outlook to 5.25 Percent

(MENAFN) Brazil’s Central Bank announced Monday that financial markets have reduced their inflation estimate for 2025, signaling the continuing effects of aggressive monetary policy. The expected inflation rate was revised down from 5.44% to...

Top Growth Driver In The Explosives Market 2025: Market Growth Fueled By Increased Government Defense Spending Worldwide

Top Growth Driver In The Explosives Market 2025: Market Growth Fueled By Increased Government Defense Spending Worldwide

The Business Research Company's Explosives Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 23, 2025 /⁨EINPresswire.com⁩/ -- What Is The Growth Trajectory Of The Explosives...

Hot air balloon causes death of eight people in Brazil

Hot air balloon causes death of eight people in Brazil

(MENAFN) In Praia Grande, a popular tourist spot in the southern Brazilian state of Santa Catarina, eight people lost their lives on Saturday when a hot air balloon carrying tourists caught fire and crashed, according to regional authorities. The...

Indonesian President Thanks Putin as Indonesia Swiftly Joins BRICS Bloc

Indonesian President Thanks Putin as Indonesia Swiftly Joins BRICS Bloc

(MENAFN) Indonesian President Prabowo Subianto expressed his appreciation to Russian President Vladimir Putin on Thursday for Moscow’s backing of Jakarta’s swift entry into the BRICS group of emerging economies. Their discussion took place during...

Brazil, Italy announce new push and funding on cooling action ahead of COP30

Brazil, Italy announce new push and funding on cooling action ahead of COP30

Bonn, 13 June 2025 – Brazil and the UN Environment Programme (UNEP) today launched a new initiative to address extreme heat through sustainable cooling - Beat the Heat in Cities/Mutirão contra o Calor Extremo - while Italy pledged EUR 2 million in...

Minister Nokuzola Tolashe on meeting with People’s Republic of China embassy

Minister Nokuzola Tolashe on meeting with People’s Republic of China embassy

Today, the Minister of Social Development, Ms Nokuzola Sisisi Tolashe, and Deputy Minister Mr Ganief Hendricks hosted a meeting jointly with the Ambassador of the People’s Republic of China, His Excellency Wu Peng, and the technical team from...

ICRC president: Humanity is failing under our collective watch

ICRC president: Humanity is failing under our collective watch

Thank you, Ambassador. Excellencies, distinguished delegates, and dear colleagues, The reality is clear: we are living in a decade defined by war. The military escalation between Iran and Israel risks plunging the region—and beyond—into an...

Minister Aaron Motsoaledi: Fourth Health Working Group Meeting of the South African G20 Presidency

Minister Aaron Motsoaledi: Fourth Health Working Group Meeting of the South African G20 Presidency

Distinguished delegates, esteemed colleagues, and dear friends, On behalf of the Government and the people of the Republic of South Africa, it is with immense pride and a profound sense of shared purpose that I welcome you to the 4th G20 Health...

Minister Nokuzola Sisisi Tolashe hosts Technical Team and in partnership with Embassy of the People’s Republic of China

Minister Nokuzola Sisisi Tolashe hosts Technical Team and in partnership with Embassy of the People’s Republic of China

Today, the Minister of Social Development, Ms Nokuzola Sisisi Tolashe and Deputy Minister Mr. Ganief Hendricks hosted a meeting jointly with the Ambassador of The People’s Republic of China His Excellency Wu Peng with the Technical Team from China...

Brazil holds 7th BRICS Youth Energy Summit

Brazil holds 7th BRICS Youth Energy Summit

(MENAFN) Brazil recently hosted the 7th BRICS Youth Energy Summit in its capital, Brasilia, bringing together over 100 young professionals, government officials, and energy experts from across the BRICS nations. The summit serves as the official...

BRICS Bank Welcomes Colombia, Uzbekistan as New Members

BRICS Bank Welcomes Colombia, Uzbekistan as New Members

(MENAFN) The New Development Bank (NDB), widely recognized as the BRICS Bank, has officially welcomed Colombia and Uzbekistan as new members, bringing its total membership to 11 countries. This announcement was made by NDB President Dilma Rousseff...

LeapThought and Construtivo Announce Strategic Alliance to Advance Digital Infrastructure Delivery in Brazil

LeapThought and Construtivo Announce Strategic Alliance to Advance Digital Infrastructure Delivery in Brazil

Strategic alliance demonstrates how AI and open standards can scale infrastructure delivery—offering a model for global application. BELLEVUE, WA, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- LeapThought, a global leader in...

Brazil`s Lula claims Biden stated ‘Russia should be destroyed’

Brazil`s Lula claims Biden stated ‘Russia should be destroyed’

(MENAFN) Brazilian President Luiz Inacio Lula da Silva revealed in an interview with Le Monde that former US President Joe Biden expressed a desire to see Russia “destroyed” during his tenure. Lula, who has consistently advocated for a peaceful...

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