It's official: the Brazilian Central Bank has announced the introduction of its CBDC. It's called DREX and though it claims to be new, the project is already quite advanced.
China and Brazil have reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary, the Brazilian government said on Wednesday.
Things are declining rapidly in my country. I have no idea whether Brazil will end up like Venezuela or Argentina or if something will happen before we hit rock bottom.
Reminder: Biden's Radical Socialist Brazilian Friend, President Lula, Announces Children Must Be Vaxxed for Poor Families to Receive Government Benefits
A number of Democratic lawmakers are outraged that Brazil's far-right former president Jair Bolsonaro has since last month been comfortably residing in Florida, even as violence descended on the Brazilian capital over the weekend, as his supporters n
President Luiz Inácio Lula da Silva is expected to take the reins of the Brazilian government on Sunday in an elaborate inauguration, complete with a motorcade, music festival and hundreds of thousands of supporters filling the central esplanade of
Brazilian President-elect Luiz Inácio Lula da Silva is set to be inaugurated on Sunday, weeks after a close upset victory over ultra-conservative incumbent Jair Bolsonaro in what was the most consequential election in Brazil in decades.
The pro-Bolsonaro Brazilian military has taken out top leaders of the Red Command drug cartel which had heavily supported Luiz Inácio Lula da Silva in the recent election.
Brazil is a resource powerhouse and is set to fall under full communism, to be ultimately controlled by the Chinese Communist Party (CCP), according to Steve Bannon.
What's going on with regard to the Brazilian election? Why are people really protesting? A Brazilian shares the inside scoop and some of the parallels are uncanny.
Jair Bolsonaro did not immediately concede to Luiz Inacio Lula da Silva after the close election of 49.1%-50.9%. This is the closest presidential race in Brazil since 1985 and marks Bolsonaro's first defeat in his political career.
Brazilian demonstrators took to the streets protesting "rigged" election results claiming to show far-left candidate Luiz Inacio Lula da Silva defeated populist Jair Bolsonaro in a recent presidential election.
Brazil's president has faced investigations that have been staved off or blocked so far given his presidential immunity. But that may now change of his defeat in Sunday's election.
Jair Bolsonaro won Brazil's last presidential election pledging to clean up politics, and since taking office in 2019, he had said at least 237 times that his government had "zero corruption."
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