Brazil's government increased a spending freeze and raised taxes to cover a budget gap this year, reinforcing its commitment to fiscal discipline but dealing a potential blow to fragile economic growth. In a statement by the Finance and Planning Ministries, the government said it will freeze an additional 5.9 billion Reais (US$1.9 billion) in federal spending this year1 comment
Former Brazilian President Lula da Silva’s conviction on corruption charges is not a political statement, but an enforcement of the law demonstrative of Brazil’s commitment to combat corruption at the highest levels of society, Brazilian Prosecutor-General Rodrigo Janot said at the Atlantic Council this week.12 comments
The Brazilian central bank has frozen four bank accounts belonging to ex-President Lula da Silva due to his recent conviction on corruption charges, the federal judge who heard his case said on Wednesday.17 comments
China's HNA Group linked to the air and travel industry will add Latin America to its investment portfolio through the purchase of a controlling stake in Rio de Janeiro's largest airport, Aeroporto Internacional Antônio Carlos Jobim – Galeão (GIG Airport).1 comment
Land-grabbing follows a long well-established pattern in the Brazilian Amazon, closely linked to lobbies and political interests, and again as in previous circumstances, this time embattled president Michel Temer signed legislation, previously approved by Congress, which regularizes such illegal claims.4 comments
Brazil needs to make progress on inspections before any timeline can be set to end a U.S. ban on imports of fresh Brazilian beef, the U.S. agriculture secretary said on Monday. Agriculture Secretary Sonny Perdue and his Brazilian counterpart Blairo Maggi met in Washington, D.C., on Monday to discuss the ban that went into effect on June 22.Add your comment!
Mercosur Federation of Rural Associations consider inconvenient that the region should cease to vaccinate cattle against foot and mouth disease.Add your comment!
The former Brazilian president Lula da Silva responded defiantly to his conviction on corruption charges by formally launching his candidacy for next year’s presidential election.
Brazilian President Michel Temer looked on track on Thursday to avoid trial over graft charges, after a committee of lawmakers recommended the accusations against him be shelved ahead of a congressional vote. If the matter is put aside, Temer would win some respite.
The speaker of the lower house of Brazil's Congress, Rodrigo Maia, vowed on Wednesday to fight any changes President Michel Temer makes to a landmark labor reform passed by the Senate a day earlier, highlighting fresh tension between longtime allies.