The number of people living in poverty in Brazil grew by two million last year in the wake of the country's worst recession on record, according to the government statistics bureau.
Environmental activists have labelled Brazil and Saudi Arabia “fossils of the day” during the United Nations two-week climate conference in Katowice, Poland.
Traditionally leaders of Brazil have had to offer ministerial posts to allied parties to form a working majority in a Congress that has more than two dozen parties. But following years of corruption scandals that pummeled trust in Brazil’s political establishment, president-elect Jair Bolsonaro has chosen his cabinet ignoring powerful party bosses.
Brazil's Supreme Court said on Tuesday it had authorized a federal investigation into allegations that the incoming chief of staff for far-right President-elect Jair Bolsonaro had taken illegal campaign donations.
Norway will pay Brazil US$ 70 million for reducing deforestation in the Amazon in 2017 but is concerned over a more recent surge in the destruction of the world's largest tropical rainforest, according to a Norwegian government statement.
Right-wing President-elect Jair Bolsonaro said on Tuesday he plans to tackle the overhaul of Brazil's fiscally burdensome pension system with piecemeal reforms that can pass Congress, starting with an increase in the minimum age of retirement. He said reforms should start with the public social security system and advance gradually to make sure they pass Congress.
Brazil’s Supreme Court delayed indefinitely a decision on whether former president Lula da Silva should be freed from prison, where he is serving a 12-term for corruption. One of the five justices called for the postponement to give more time to study the case after two of his colleagues decided against a release.
Brazil's domestic crude oil output rose for the first time in five months in October as production from the subsalt region continued to grow and fewer floating production units were idled by maintenance shutdowns during the month.
Mercedes Benz's Brazil operation will hire some 600 contractors in 2019 on year-long contracts to work on commercial vehicles, adding to a workforce of 10,000, the company said on Tuesday.
Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to ethanol in the 2018-19 season slashed Brazil’s sugar output by 9 million tons to a 12-year low and more switching to the biofuel next season could help to wipe out a global surplus weighing on sugar prices.