Former Minister, Antonio Palocci, has sent a letter to the president of the Brazilian Workers' Party (PT), senator Gleisi Hoffmann (PR), requesting to step down from the party founded in the eighties by ex president Lula da Silva.
The Brazilian government has revoked a controversial decree that would have opened up a vast reserve in the Amazon to commercial mining. The area, covering 46,000 sq km, straddles the northern states of Amapa and Para and is thought to be rich in gold, iron, manganese and other minerals.
Brazil's beef exports will return close to a record high net year, encouraged by revived growth in the cattle herd, and the industry's success in avoiding lasting bans from importers over a slaughterhouse scandal.
The United Kingdom thanked Brazil for its continued commitment to the Universal Periodic Review process, which took place at the Palais del Nations in Geneva, during the 27th Session of the Universal Periodic Review on 21 September 2017. The UPR is a process which involves a review of the human rights records of all UN Member States. The UPR is a State-driven process, under the auspices of the Human Rights Council.
The Organization of American States (OAS) will deploy an Electoral Observation Mission to Brazil’s general elections scheduled for October 2018. It will be the first time the hemispheric organization observes elections in Brazil.
Brazil’s central bank trimmed its inflation forecast on Thursday and said it expected economic growth to pick up into next year, painting a rosier picture for Latin America’s largest economy as interest rates approach record lows.
Brazilian officials plan to visit Venezuela next week to prevent Caracas from defaulting on contracts worth as much as US$5 billion after falling in arrears on a payment due to infrastructure contractors this month, newspaper Folha de Sao Paulo reported on Thursday.
The Government of the Falkland Islands and the British Embassies in Uruguay, Brazil and Chile invite university students to participate in a regional competition to visit the Falkland Islands.
Petrobras raised US$2 billion from the sale of seven- and 10-year securities, replacing more expensive shorter-dated bonds as it seeks to trim a debt burden that is the largest among major oil firms. Petrobras sold US$1 billion each worth of senior unsecured bonds due in 2025 and 2028, respectively. Market experts said Petrobras sold the January 2025 bond at a yield of 5.3%, and the January 2028 bond at 6%.
Approval for Brazilian President Michel Temer's government has plummeted, according to a poll published on Tuesday, as the scandal-plagued leader faces new corruption charges and struggles to push his economic reform agenda through Congress.