At least eleven people were killed in a shootout with police after a bank robbery in the northeast region of Brazil, authorities said on Friday. The shootout occurred on Thursday night after police located the house where the alleged bank robbers were hiding after robbing a bank in Aguas Belas in the state of Pernambuco, reports Xinhua news agency.1 comment
Police arrested a controlling shareholder of meatpacker JBS SA and two former Brazilian agriculture ministers on Friday in connection with an investigation into illegal campaign contributions. Joesley Batista, a member of the family that founded the world's largest meat processor, is expected to be held only temporarily, his lawyer André Callegari said. He declined to elaborate on the arrest order or the investigation.3 comments
Right-wing President-elect Jair Bolsonaro vowed in a tweet on Thursday to investigate Brazil’s state-run national development bank, BNDES, for corruption by opening its “black box” of secret transactions. BNDES is the largest development lender in the Americas with a loan book larger than the World Bank’s.3 comments
Brazil president-elect Jair Bolsonaro backtracked on some of his more controversial pledges promising to expand trade with China and rethink the idea of moving the country’s embassy in Israel to Jerusalem. Bolsonaro is currently in Brasilia for various meetings with senior officials and transition arrangements.1 comment
Brazil’s President-elect Jair Bolsonaro appointed his first female cabinet member on Wednesday evening, picking the head of the farmers’ caucus in the lower house as agriculture minister.1 comment
Automakers in Brazil last month notched their strongest sales in nearly four years, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.1 comment
The judge who is the most prominent face of Brazil's anti-corruption campaign denied that his appointment as justice minister was a reward for having convicted and jailed a political rival of his new boss.1 comment
The Brazilian central bank on Tuesday forecast that inflation is likely to peak in the second quarter of 2019 before easing towards its target, adding that underlying inflation was at “appropriate” levels.
Brazil’s right-wing President-elect Jair Bolsonaro said on Tuesday that Congress must make some progress this year on a pension reform proposed by the outgoing government before he takes office on January first.
Brazil's president-elect Jair Bolsonaro was supportive Monday of a pensions reform bill already in the Lower House which is expected to be passed into law before his inauguration January 1.