Brazil

Saturday, July 21st 2018 - 08:42 UTC
Brazil big businesses have a presidential ticket: ex Sao Paulo governor and CEO of largest textile group

Business-friendly Brazilian presidential candidate Geraldo Alckmin got the strongest boost yet to his campaign after a centrist coalition agreed to back him and chose their potential vice-presidential pick.
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Saturday, July 21st 2018 - 07:43 UTC
Capital flight from emerging economies will be on the G20 table, anticipate Brazilian sources

At this weekend's G20 meeting in Buenos Aires, finance ministers and central bankers will address the economic situations threatening a number of emerging markets -- including host nation Argentina, which recently secured a US$50 billion IMF loan to try to stabilize its economy, after the peso plunged 35% between April and June.
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Friday, July 20th 2018 - 10:25 UTC
Brazilian parties begin round of conventions to turn presidential hopefuls in candidates

While Brazil’s definitive constellation of political coalitions remains uncertain, political parties start holding their national conventions this Friday (July 20), to name their presidential candidates for the October elections.
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Friday, July 20th 2018 - 07:47 UTC
Latin American markets and currencies slide on fears of global trade war

World trade tensions pressured Latin America's major indexes on Thursday, falling in line with other global markets, after the European Union said it was preparing possible retaliatory measures if the United States imposes tariffs on EU cars. Brazil's Bovespa dropped 1.25%, and Argentina's Merval, 0.85%.
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Thursday, July 19th 2018 - 07:50 UTC
Brazilian Real and Argentine Peso lose ground against the dollar

Latin American currencies fell against the dollar across the board on Wednesday as traders continued to focus on recent statements by key U.S. monetary policy makers.
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Thursday, July 19th 2018 - 07:36 UTC
Measles epidemic in northern Brazil linked to exodus of Venezuelans

Brazil's Health Ministry says at least 744 people have been infected with measles in a growing outbreak linked to cases imported from neighboring Venezuela.The total includes 67 indigenous Venezuelans and Brazilians.
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Tuesday, July 17th 2018 - 21:59 UTC
Zica epidemic and recession have hit the infant mortality rate in Brazil

The infant mortality rate in Brazil, which consistently went down since 1990, started going up in 2016. It is believed that the rate for 2017 will also be higher than the 2015 rate. Both the Zika epidemic and the country's economic recession have been highlighted by the Ministry of Health as causes for the rising infant mortality rate.
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Tuesday, July 17th 2018 - 09:30 UTC
Brazilian market lowers 2018 economic growth to 1.5%, reveals central bank survey

Brazil's financial institutions on Monday reduced the 2018 economic growth forecast to 1.5%, half the initial estimate issued at the beginning of the year, according to the Central Bank weekly survey. The Focus Bulletin, which interviews analysts and economists from Brazil's financial market every Monday, the country's growth estimate was actually reduced from the previous week's 1.53%.
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Tuesday, July 17th 2018 - 08:52 UTC
Brazilian GOL Airlines expands fleet converting 30 Boeing 737 MAX 8 to MAX 10

Boeing and GOL Airlines announced that the Brazilian carrier is adding the newest and largest member of the 737 MAX family with a new contract that converts 30 current MAX orders to the 737 MAX 10. GOL also placed a new order for 15 more MAX 8 airplanes, growing GOL’s total MAX orders to 135. The Brazilian airline says the advanced airplanes will help GOL meet its commitment to further enhance operational efficiency by flying a young, modern and safe fleet.
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Monday, July 16th 2018 - 08:20 UTC
Lula the only hope for millions of Brazilians, says ex president Dilma Rousseff

Brazil's ex-President Lula da Silva, who is serving a 12-year-one-month jail term for alleged corruption, represents “hope” for millions of Brazilians, former leader Dilma Rousseff said on Sunday. Rousseff succeeded Lula as president and belongs to the same left-leaning Workers' Party (PT), which named Lula its presidential candidate in upcoming Oct. 7 elections, despite his legal woes.
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