Edition:
India

Jamie McGeever

UPDATE 3-Brazil ups pension reform savings goal by 15 pct to 1.237 trillion reais

12:33am IST

BRASILIA, April 25 Brazil's Economy Ministry on Thursday raised its projected savings from its pension reform bill over the next decade to 1.237 trillion reais ($312 billion), well above the "minimum" 800 billion reais President Jair Bolsonaro said he expects.

UPDATE 1-Brazil inflation in mid-April rises to highest in two years

25 Apr 2019

BRASILIA, April 25 Brazilian consumer price inflation rose to its highest in two years in mid-April, led by price increases in the transport and food and drink sectors, government statistics agency IBGE said on Thursday.

Brazil markets slump as pension reform reality bites

25 Apr 2019

BRASILIA Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government's struggle to build support for its signature reform policy.

UPDATE 4-Brazil markets slump as pension reform reality bites

25 Apr 2019

BRASILIA, April 24 Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government's struggle to build support for its signature reform policy.

Brazil markets cheer as pension reform passes congressional hurdle

24 Apr 2019

BRASILIA Brazilian markets rose on Tuesday after the path was cleared for a congressional committee vote on pension reform, a sign that the government is finally getting political backing for the most important element of its economic reform agenda.

Brazil growth forecasts tumble as key pension reform vote looms

23 Apr 2019

BRASILIA Economists continue to slash their forecasts for Brazilian economic growth this year, according to a closely watched survey published on Monday, intensifying the spotlight on a key Congressional vote on pension reform later in the week.

Brazil pension reform on track to pass by June: speaker

11 Apr 2019

NEW YORK Brazil's pension reform process will pick up momentum after the Easter holidays, staying on track for approval in the lower house in May or June, the lower house speaker Rodrigo Maia said on Thursday.

Brazil economy minister confident on one trillion reais pension reform

11 Apr 2019

Brazilian Economy Minister Paulo Guedes said on Wednesday he is "optimistic" that Congress will pass a pension reform bill that will generate savings of 1 trillion reais ($261.68 billion) over 10 years, in line with the government's ambitious proposal.

Brazil pension savings of 700 billion reais would not be enough: Treasury Secretary

11 Apr 2019

NEW YORK Pension reform in Brazil that delivered savings of up to 700 billion reais ($183 billion) over the next decade might be acceptable for investors, but not the government, Treasury Secretary Mansueto Almeida said on Wednesday.

Brazil's Campos Neto says controlling inflation trumps boosting growth

10 Apr 2019

NEW YORK Brazil's central bank is focused on keeping inflation under control, not targeting growth, even though the economic recovery has undershot expectations and risks remain to the downside, central bank chief Roberto Campos Neto said on Wednesday.

World News