...citizens, anxious about the deepening economic troubles, stopped work Wednesday morning to watch Finance Minister Pedro Malan announce the measures in a nationally televised address. The Sao Paulo Stock Exchange, Latin America's largest...
...States, as many U.S. companies do business in Brazil. Organizers said Thursday that Brazilian Finance Minister Pedro Malan had canceled his trip to the forum, where he could have met leading G-7 officials including U.S. Treasury Secretary...
...of New York, William McDonough, played down those fears Wednesday, saying that Brazil's economic crisis was not a threat to the U.S. financial system. He spoke after meeting in New York with Brazilian Finance Minister Pedro Malan.
...the government also gains more bargaining power to convince the opposition to pass the reforms. Finance Minister Pedro Malan told reporters in Washington it was too early to estimate the impact of the rates on the country's burgeoning public...
...Henrique Cardoso cut short his vacation on the Atlantic coast and flew back to Brasilia, the capital. Finance Minister Pedro Malan canceled a trip to Portugal because of the turmoil. Cardoso, who was overwhelmingly re-elected last October to a...
...check and convince Brazilians that the battle for economic stability isn't over yet. On Friday, Finance Minister Pedro Malan warned against the premature optimism pervading markets and predicted the turbulence will persist for months. Still...
...wasn't suggested or agreed to by the IMF," Cardoso told reporters Wednesday. Earlier, Cardoso, Finance Minister Pedro Malan and Fraga met with IMF deputy director Stanley Fischer to review the terms of a $41.5 billion aid package finalized...
...days of losses. The technology-heavy Nasdaq composite index was up 62 points in afternoon trading. Finance Minister Pedro Malan and new Central Bank chief Francisco Lopes were to fly to Washington on Friday night to discuss the new policy. They...
...Henrique Cardoso cut short his vacation on the Atlantic coast and flew back to Brasilia, the capital. Finance Minister Pedro Malan canceled a trip to Portugal because of the turmoil. Cardoso, who was overwhelmingly re-elected last October to a...
...it will drive ahead with further tough reforms. Global markets rallied on the news. Brazil's finance minister, Pedro Malan -- anxious to win investors' confidence and another piece of a $41 billion international aid package -- was in Washington...