Joaquim Barbosa, a former chief justice on Brazil's Supreme Court with anti-corruption credentials, said on Tuesday he would not run for the presidency in October, despite a growing clamor for his candidacy. Barbosa, the first and only black member of the high court, had in recent weeks positioned himself as a potential center-left candidate. He was attractive to many because of his clean image and background as a judge who battled corruption.
Farm equipment manufacturers in Brazil are expecting g on strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, they said at a major trade show. Some machinery producers are forecasting sales growth as high as 8% in 2018 as farmers’ confidence rises and record-low interest rates encourage them to borrow and invest.
Brazil's first lady has jumped into a lake fully clothed to save her drowning dog. Marcela Temer was walking around the presidential palace in Brasilia with her son when the family's Jack Russell, Picoly, took an interest in the water.
A leading manager of the Brazilian construction giant Odebrecht involved in corrupting government officials in virtually all Latin American countries revealed that millions of dollars in kickbacks were delivered in Argentina to pay for the natural gas pipelines network expansion contract.
Industrial output in Brazil contracted unexpectedly in March, the latest in a string of weak data suggesting a recovery in Latin America's largest economy hit a bump in the first quarter. Production fell 0.1% from February, government statistics agency IBGE announced.
Brazil's highest court voted on Thursday to restrict a legal protection afforded to federal lawmakers that critics say has resulted in impunity, as the country grapples with massive official corruption. The protection known as “privileged standing” allows tens of thousands of politicians to have cases against them tried in higher courts than a normal citizen would.
Brazilian prosecutors filed charges against the country’s Agriculture Minister Blairo Maggi on Wednesday, accusing him of orchestrating a bribery scheme in 2009 when he was governor of Mato Grosso state. Prosecutor General Raquel Dodge filed charges at the Supreme Court, according to a written statement from the federal prosecutor’s office.
Brazilian investigators conducted one of their largest operations against graft ever on Thursday, targeting a money laundering ring linked to powerful politicians and businessmen that moved some US$1.6 billion through offshore accounts in 52 countries.
Brazil’s state-controlled Petrobras expects oil production to start by the end of June at its Tartaruga Verde e Mestica offshore platform, the second of seven facilities planned to be installed this year, a company executive said on Monday.
A 24-storey building used by squatters in the center of Sao Paulo, Brazil's biggest city, collapsed early Tuesday after a blaze that tore through the structure, leaving at least three missing. Survivors described waking in the night to find themselves surrounded by flames and escaping with their children before the tower turned to rubble.