Other topics within the nine sections include:

• Annual inflation rate jumps to 16-month high in April
• Industrial output in March slows
• Petrobras to double investment in Peru in 2005

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2004 GDP Grows at Fastest Pace in a Decade

As the nation's international reserves increase and the economy enters a second year of growth, the government said that it would end a loan agreement with the International Monetary Fund (IMF). T...

IMF Recommends Approval for Loan Accord

President Lula and Venezuelan President Hugo Chavez have signed energy, mining and military cooperation agreements, stating that the two countries had sealed a lasting strategic alliance....

Trade Surplus Reaches Record High in 2004

The central bank has increased the benchmark lending rate to a 13-month high of 17.75% in an attempt to stem inflation. The bank's chief economist, Afonso Bevilaqua said, "The inflation proje...

Government Beats IMF Budget Surplus Target

The head of a visiting IMF mission Charles Collyns praised Brazil's monetary policy as "prudent" and said that he was satisfied with recent actions of the central bank. In an attempt to ...