Country Risk Rating

Brazilian foreign reserves have continued their decline in January, falling for the fourth consecutive month to US$188.1bn, a 9% drop from a peak of US$206.5bn back in September.... 2009-02-09

Italy's government recalled its Brazilian ambassador on January 27, after a spat over the extradition of a former member of Italy's far-left Armed Proletarians for Communism organisation,... 2009-02-09

The Brazilian government is contemplating to reintroduce import tariffs on hot and cold rolled coil products in 2009, a tax levy of 12%, in an effort to protect the local steel industry.... 2009-01-09

Vehicle production in Brazil collapsed in December to 102,053 units, from 193,062 in November, and down a staggering 54.1% year-on-year. The picture looks hardly more encouraging... 2009-01-08

Russian President Dmitry Medvedev visited his Brazilian counterpart Luiz Inácio Lula da Silva in Brasilia in November to discuss deepening economic and political relations between... 2008-12-03

Brazil's position at the top of our Latin American sovereign risk ratings table (B+) is under no immediate threat from the rise in economic uncertainty as we head into 2009. However,... 2008-12-03

The outcome of October's municipal elections has turned in clear favour of the centre Partido do Movimento Democrático Brasileira (PMDB), which is currently in a coalition with the... 2008-10-31

High financial market uncertainty and a rapidly deteriorating global macroeconomic outlook prompted the Banco Central do Brasil (BCB) to keep interest rates on hold at 13.75% on... 2008-10-31

Education Minister Fernando Haddad's announcement on September 23 that President Luiz Inácio Lula da Silva had already selected his chief of staff Dilma Rouseff as his successor... 2008-10-02

Approval ratings for President Luiz Inácio Lula da Silva continue to soar, reaching new highs of 77.7%, according to an Instituto Sensus poll in September, up 8.4 percentage points... 2008-10-02