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Featured Podcast EpisodesThe Other Web

Alex Fink

Zuckerman vs Zuckerberg

July 14, 2024

Ethan Zuckerman is a professor at the University of Massachusetts Amherst and a scholar of digital media. He and his team work to understand the contemporary digital world and build social media systems that are focused on communities, not on profits. Ethan is currently suing Meta (i.e. Facebook) in a landmark case that might (and likely should) change our interpretation of section 230. Please tune in to hear the details of the case and the various ways it could change the social media landscape. It's fascinating!

Prof. Jeff Jarvis - Rewriting Media's Business Model (Yet Again)

May 24, 2024

Jeff Jarvis is a journalism professor at the City College in New York (CUNY), the author of six books, and the cohost of the successful podcast "This week in Google and AI". Jeff spent many years teaching entrepreneurial journalism - and God knows journalism could use some entrepreneurial spirit, right about now. Please check out Jeff's books, The Gutenberg Parenthesis and Magazine, both from Bloomsbury (discount codes here: gutenbergparenthesis.com).

Donald Robertson - Where Philosophy Meets Psychology

June 22, 2024

Our guest today is Donald Robertson - Donald is a cognitive-behavioral psychotherapist and author of several books, including How to Think Like a Roman Emperor and, more recently, Marcus Aurelius: The Stoic Emperor. He is one of the founders of the Modern Stoicism nonprofit organization and the founder and president of the Plato's Academy Centre in Athens, Greece. He was born in Scotland but now lives in Montreal, Canada. His upcoming book, How to Think Like Socrates, will be released later this year, and can be preordered on Amazon, Barnes and Noble, or anywhere else books are generally sold.

Rick Edmonds - Analyzing the Financial Decline of Legacy Media

July 8, 2024

Rick Edmonds is the media business analyst for the Poynter Institute, a school and study center for working journalists. He has been doing research and writing for 25 years on the financial decline of legacy media, newspapers particularly, and the rise of new media alternatives. His reporting and commentary appear regularly on the Poynter Online site. He has spoken to conference groups in the U.S.A. and in Paris, Norway, Madrid, Vienna and Chile.

Jonathan Green - How To Make ChatGPT and Other Tools Useful (Right Now)

July 5, 2024

Welcome to the Otherweb. Our guest today is Jonathan Green - a bestselling author of hundreds of books, a celebrity ghostwriter, and an expert in using artificial intelligence tools to their utmost capacity. This is the best conversation I've had on the practical implications of ChatGPT and how regular people can augment their own capabilities by using these tools as a shortcut.

1h 4m

📌 Drought Warning, Chrome May Be Sold, More

Angela Palmer

•

TOP STORY

TOP STORY

NYC issues first drought warning in 22 years

TECHNOLOGY

TECHNOLOGY

DOJ to ask judge to rule Google sell Chrome

WORLD

WORLD

G20 leaders turn focus to climate change

All Stories

Summary

Article Metadata

Brazil's Central Bank Hikes Rates

This is a Brazil news story, published by Compact, that relates primarily to Lula news.

Brazil news

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Lula news

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News about latin america politics

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Compact news

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About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best world news, business news, entertainment news, and much more. If you like this article about latin america politics, you might also like this article about

high interest rates

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest severe recession news, central bankers news, news about latin america politics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

monetary policy

Compact

Compact

•

Lula and Trump vs. Central Banks

Compact

Summary

Nutrition label

79% Informative

Brazil 's Central Bank hiked borrowing costs to an astronomical 11 percent , up from an already sky-high 10.75 percent .

President Luiz Inácio Lula Da Silva , known popularly as Lula , has denounced the BCB ’s stratospheric interest rates.

Lula: By raising borrowing costs, decreased demand will result in lower prices—or so the theory goes.

Brazil 's economy is highly dependent on the sale of commodities.

Brazil 's Bolsonaro administration abandoned austerity amid the economic fallout of the pandemic.

Lula significantly expanded oil and mining concessions, raised the minimum wage, and passed a historic tax reform.

By the summer of 2023 , the BCB began finally cutting rates amid a detente with Lula and preceding drop in inflation.

VR Score

82

Informative language

81

Neutral language

31

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

44

https://tradingeconomics.com/brazil/inflation-cpi?ref=compactmag.com https://www.ceicdata.com/en/indicator/brazil/consolidated-fiscal-balance--of-nominal-gdp?ref=compactmag.com https://twn.my/title2/resurgence/2016/307-308/cover14.htm?ref=compactmag.com https://www.phenomenalworld.org/analysis/the-political-economy-of-brazilian-inflation/?ref=compactmag.com https://www.bloomberg.com/news/articles/2024-07-04/brazil-assets-rally-as-lula-spending-cuts-bring-temporary-relief?ref=compactmag.com https://www.politico.com/news/2024/07/16/trump-fed-chair-powell-00168804?ref=compactmag.com https://www.americasquarterly.org/article/pension-reform-is-only-the-start-for-brazil-can-bolsonaro-deliver/?ref=compactmag.com https://www.reuters.com/article/us-brazil-economy-tax/brazil-enacts-bigger-than-expected-spending-freeze-to-meet-fiscal-goal-idUSKBN17101H?ref=compactmag.com https://www.contabeis.com.br/tabelas/salario-minimo/?ref=compactmag.com https://www.ft.com/content/4d698946-88b7-11e7-bf50-e1c239b45787?ref=compactmag.com https://www.bloomberg.com/news/articles/2024-01-05/brazil-export-boom-rekindles-memories-of-past-commodity-bonanza?ref=compactmag.com https://www.imf.org/external/np/blog/dialogo/062415.pdf?ref=compactmag.com https://tradingeconomics.com/brazil/interest-rate?ref=compactmag.com https://x.com/robin_j_brooks/status/1818725307664482534?ref=compactmag.com https://www.bloomberg.com/news/articles/2024-08-27/lula-s-push-for-natural-gas-raises-intervention-fears-in-brazil?ref=compactmag.com https://www.washingtonpost.com/business/2024/06/15/federal-reserve-interest-rates-inflation/?ref=compactmag.com https://www.macrotrends.net/global-metrics/countries/BRA/Brazil/gdp-growth-rate?ref=compactmag.com https://www.businessinsider.com/austerity-has-damaged-europe-vs-us-gdp-growth-2018-11?ref=compactmag.com https://www.statista.com/statistics/263631/trade-balance-of-brazil/?ref=compactmag.com#:~:text=The%20statistic%20shows%20Brazil's%20trade,around%2086.99%20billion%20U.S.%20dollars.https://www.context.news/net-zero/brazil-oil-auction-angers-activists-after-lulas-cop28-vow?ref=compactmag.com https://www.fool.com/investing/2024/09/20/will-interest-rate-cuts-save-tesla-elon-musk-is-co/?ref=compactmag.com https://www.statista.com/chart/27480/projected-annual-inflation-by-country/?ref=compactmag.com https://www.ft.com/content/6c1c5b15-51b4-421f-b1d2-1ccced3df72a?ref=compactmag.com https://www.americasquarterly.org/article/lula-should-look-to-the-future-not-the-past/?ref=compactmag.com https://x.com/search?q=Robin+brooks+Brazil&src=typed_query&ref=compactmag.com https://www.macrotrends.net/global-metrics/countries/BRA/brazil/debt-to-gdp-ratio?ref=compactmag.com https://americanaffairsjournal.org/2023/05/the-center-that-will-always-hold-brazils-lost-decades/?ref=compactmag.com#notes https://www.bankrate.com/banking/federal-reserve/economic-indicator-survey/?tpt=a&ref=compactmag.com https://www.aljazeera.com/economy/2021/6/16/bolsonaro-aid-to-brazils-poor-to-rise-58-amid-high-food-costs?ref=compactmag.com https://americanaffairsjournal.org/2023/05/the-center-that-will-always-hold-brazils-lost-decades/?ref=compactmag.com https://qz.com/inflation-economy-housing-market-mortgage-interest-rate-1851645560?ref=compactmag.com https://www.reuters.com/markets/brazils-lula-renews-criticism-central-bank-unreal-interest-rates-2024-06-28/?ref=compactmag.com https://news.bloomberglaw.com/bankruptcy-law/brazil-average-oil-gas-output-in-2023-was-a-record-regulator?ref=compactmag.com https://x.com/robin_j_brooks/status/1818721582254375086?ref=compactmag.com https://www.bloomberg.com/news/articles/2024-01-22/lula-unveils-60-billion-plan-to-revitalize-brazilian-industry?ref=compactmag.com https://www.ft.com/content/0826a3ab-a5d0-444d-84ca-48606b682876?ref=compactmag.com https://www.youtube.com/watch?v=gxqqFBStHVQ&ref=compactmag.com https://www.reuters.com/world/americas/brazils-government-improves-fiscal-outlook-year-2024-09-21/?ref=compactmag.com https://es.statista.com/grafico/16576/ajuste-de-los-salarios-minimos-en-latinoamerica/?ref=compactmag.com https://tradingeconomics.com/brazil/stock-market?ref=compactmag.com https://apnews.com/article/brazil-economy-lula-tax-congress-522843f46c3b904ed33cf8940785fe46?ref=compactmag.com https://www.bloomberg.com/news/articles/2024-09-17/brazil-braces-for-hawkish-central-bank-chief-just-as-fed-readies-rate-cuts?ref=compactmag.com https://www.bloomberg.com/news/articles/2023-12-13/brazil-cuts-rate-by-half-point-as-inflation-eases?ref=compactmag.com https://www.foxbusiness.com/media/sen-warren-fed-calls-massive-rate-cut-putting-economy-risk?ref=compactmag.com

Source diversity

27

tradingeconomics.com www.ceicdata.com twn.my www.phenomenalworld.org www.bloomberg.com www.politico.com www.americasquarterly.org www.reuters.com www.contabeis.com.br www.ft.com www.imf.org x.com www.washingtonpost.com www.macrotrends.net www.businessinsider.com www.statista.com www.context.news www.fool.com americanaffairsjournal.org www.bankrate.com www.aljazeera.com qz.com news.bloomberglaw.com www.youtube.com es.statista.com apnews.com www.foxbusiness.com

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