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VIDEO | Brazilian Congress discusses proposals to halt in fuel price rises

Also: Brazil banks and the United States corporations are the main financiers of the big mining companies

15.Mar.2022 às 14h04
São Paulo (SP)
From the newsroom
Petrobras anunciou aumento de R$ 0,10 no valor do combustível

Petrobras anunciou aumento de R$ 0,10 no valor do combustível - Marcello Casal Jr./Agência Brasil

In 2021, inflation in Brazil hit 10%. To stop the rise in prices, the Brazilian government proposed to Congress a constitutional amendment to reduce or eliminate taxes on fuel. But the opposition has other solutions to the problem.

"We propose that when an oil barrel exceeds 40 dollars, it is very profitable and, therefore, there must be a tax to discourage the export of crude oil and stimulate the refining of part of it here. Also, to create a fund to cover the costs of importing diesel and natural gas, with zero harms to Petrobras, guaranteeing a profit of approximately 50% in reais. What business has 50% in profits?", says the senator Rogério Carvalho.

On the news update: Brazil banks and the United States corporations are the main financiers of the big mining companies that intend to mine in Brazilian indigenous lands. The revelations were released by Brazil's Indigenous People Articulation and the NGO Amazon Watch in a report.  

Also on All What's Happening in Brazil: singer and composer Petrus Cueva is from the city of Tabatinga, Amazonas state, bordering Colombia and Peru. His songs have many mentions of nature and Afro-Brazilian traditions. You can hear him in the culture segment.

The state of Bahia is a nest of talented musicians in Brazil, such as Caetano Veloso and Gilberto Gil. It was also where Axé was born, a musical genre that makes people dance during Carnival in Bahia’s capital city, Salvador. And there are always new songs popping up there. In this week’s Culture Talk, you are going to know Pagodão Baiano, a rhythm full of swing.

All What's Happening in Brazil episodes are available at Brasil de Fato's YouTube channel, where you'll also find a special English-content playlist. Partners who wish to include a longer version of the show in their schedule may contact our international team at [email protected].

For more news about Brazil and our region, visit our website.

Edited by: Arturo Hartmann
Tags: petrobras
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