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India

Marcela Ayres

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's Bolsonaro no longer against sale of postal service: source

20 Apr 2019

BRASÍLIA Brazilian President Jair Bolsonaro's resistance to the privatization of the national postal office has been broken, a senior government source told Reuters on Friday asking for anonymity because the matter remains private.

Brazil's Bolsonaro no longer against sale of postal service -source

20 Apr 2019

BRASÍLIA, April 19 Brazilian President Jair Bolsonaro's resistance to the privatization of the national postal office has been broken, a senior government source told Reuters on Friday asking for anonymity because the matter remains private.

Brazil economy minister defends pension reform in heated hearing

04 Apr 2019

BRASILIA Brazilian Economy Minister Paulo Guedes on Wednesday put up a vigorous defense of the government's proposed pension reform, insisting it is critical to fixing the country's "doomed" social security system but opening the door to some concessions.

Brazil government bullish on pension reform, foreign investors wary

03 Apr 2019

BRASILIA Senior Brazilian officials charged with steering pension reform through Congress insisted on Tuesday that they had ended recent political finger-pointing that threw the government's key reform bill into doubt, but some U.S. big banks were not convinced.

Brazil's Guedes: Don't dilute pension savings below one trillion reais

26 Mar 2019

BRASILIA Brazilian Economy Minister Paulo Guedes on Monday said the government's landmark pension reform may be diluted, but urged lawmakers not to water down targeted savings in the next decade to less than 1 trillion reais ($259 billion).

UPDATE 1-Brazil's current account deficit narrows in February

25 Mar 2019

BRASILIA, March 25 Brazil's current account deficit narrowed in February, on track for a March surplus, the central bank said on Monday, as a weak currency and sluggish economic recovery slow demand for imports.

Brazil does not see U.S. backing OECD bid on Bolsonaro trip: source

16 Mar 2019

BRASILIA Brazil does not expect the U.S. government to announce support for its bid to join a club of the world's advanced economies when its President Jair Bolsonaro visits Washington next week, a senior member of his economic team told Reuters on Friday.

UPDATE 1-Brazil needs constitutional change soon to fix state finances -Economy Ministry source

13 Mar 2019

BRASILIA, March 13 Changes to Brazil's constitution are urgently needed to address the dire financial situation Brazilian states and municipalities find themselves in, a senior member of the government's economic team told Reuters on Wednesday.

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