Petrobras Among Brazil Borrowers Most at Risk as Real Sinks

Petroleo Brasileiro SA, the state-controlled oil producer with $55 billion of overseas bonds, is among the Brazilian companies most at risk of seeing leverage ratios swell as the real posts the world’s biggest currency losses.

Why Latin America Is Feeling the Brunt of China’s Slowdown

In a move that shocked global financial markets, the People’s Bank of China allowed the yuan to depreciate nearly 2% against the U.S. dollar in mid-August, which has weakened demand for the commodities of Brazil, Argentina, Chile and other Latin American countries.

Brazil Judge Seeks Probe Into Rousseff’s 2014 Campaign Funds

A Brazilian electoral court judge has requested a probe into President Dilma Rousseff’s 2014 campaign financing on signs it may have included money siphoned from state-owned oil company Petrobras.

Brazil’s Rousseff Says She’s Never Considered Resigning Her Post

Brazilian President Dilma Rousseff said she has never considered stepping down even as her popularity sinks and her ruling coalition crumbles.

Brazil inflation rate hits 12-year high

Inflation in Brazil has hit a 12-year high of 9.56%, official figures have shown.

Brazil Corruption Scandal Goes Nuclear as Police Probe Grows

Police extended Brazil’s biggest corruption investigation to executives of Latin America’s largest utility in another chapter of a scandal that has shaken the country’s political and business elites.

Brazil Banks: Worst Is Yet to Come?

As Brazil’s currency weakens and the iShares MSCI Brazil Capped ETF (EWZ) falls another 3% today, heed the observations of the RBS credit team who think the worst is yet to come for Brazil’s economy.

As Brazil Job Market Sours, A Coup Of Sorts Hits The Capital

This year just got a whole lot tougher for Brazil. Brazil’s job market is getting worse, as Friday’s data suggests.

Brazil’s Biggest Bank Now Forecasts Two-Year GDP Contraction

Itau Unibanco SA is now forecasting Brazil’s economy will contract for a second consecutive year as unemployment continues to rise and the government struggles to contain above-target inflation.

EMERGING MARKETS-Brazil's real flirts with 3.2 per dollar on Greece worry

SAO PAULO, July 7 (Reuters) - Brazil's currency, the real, posted its biggest intraday loss against the dollar in six weeks on Tuesday as uncertainty over Greece's future in the euro zone sapped global demand for riskier assets.

Brazil ministers rebut new wave of campaign funding allegations

Two Brazilian ministers denied on Friday that there was anything illegal about campaign donations made in recent years by a businessman allegedly involved in massive corruption scandal at state-run oil company Petrobras.

Real Drops Amid Signs Brazil Faces Worst Recession in 25 Years

The real fell the most among major currencies as Brazil braced for its worst recession in 25 years after the central bank reported that the economy contracted more than forecast in April.

Brazil retail sales drop unexpectedly in April

SAO PAULO, June 16 (Reuters) - Retail sales in Brazil defied expectations of a rebound in April and fell for the third straight month as unemployment and inflation rose and consumer confidence languished near its lowest level in at least a decade.

Brazil’s economy falters, but worse may be to come

The signs that Brazil’s economy is in trouble have been visible for a while now, but the worst could be still to come.

Brazilian Real’s Volatility Declines as Petrobras Concern Eases

The Brazilian real’s swings between gains and losses eased this week as Petroleo Brasileiro SA’s return to overseas capital markets with a $2.5 billion sale of 100-year notes added to speculation that the worst is over for the state-controlled oil company.

Brazil’s Development Bank Moves to Open Books Amid Graft Scandal

Brazil’s state development bank took a step toward transparency amid criticism of lending to countries like Cuba, big campaign donors and contractors involved in a graft scandal.

Brazil's economy kicks off rough year shrinking 0.2%

Rio de Janeiro (AFP) - Brazil's economy, the world's seventh largest, contracted by 0.2 percent in the first quarter of 2015, the government said Friday, kicking off a rough year in which it is expected to continue shrinking.

China to invest billions in Brazil's economy, Chinese premier says

BRASILIA — Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy.

Brazil readies a steep interest rate rise to salvage credibility

BRASILIA, April 29 (Reuters) - Brazil is poised to deliver another big interest rate increase on Wednesday as the government tries to convince investors it is committed to taming high inflation, despite the risk of recession.

Brazil Mid-April Inflation Slows Less Than Analysts Forecast

Brazil’s inflation in the month through mid-April slowed less than economists estimated, increasing economists’ expectations that the central bank will continue its pace of rate increases.