A Brazilian court this week overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the soy planting season set to begin this month.
Brazil's inflation eased more-than-expected in August as prices fell from the previous month, preliminary data from the statistical office IBGE showed Thursday. The consumer price index, IPCA, rose 4.19% year-on-year following a 4.48% in July. Economists had forecast a 4.29% inflation rate.
Brazil’s jailed former president Lula da Silva is preparing to give up his bid to run in next month’s presidential election, party sources said, after he lost two appeals at the Supreme Court on Thursday. That will remove the most popular candidate from October’s race and pave the way for Lula’s hand-chosen successor, Fernando Haddad, to become the Workers Party (PT) candidate.
The leading candidate in Brazil’s presidential election is in serious but stable condition after being stabbed by an assailant at a campaign rally on Thursday, doctors said, pushing an already chaotic campaign into further disarray.
The Brazilian Navy (Marinha do Brasil) new helicopter carrier PHM Atlântico (A 140) (Multipurpose Helicopter Carrier) reached Rio de Janeiro, its homeport, on August 25. PHM Atlântico previously served as the Royal Navy LPH HMS Ocean for twenty years.
In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.
Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
The Brazilian Real erased early losses on Tuesday after state prosecutors charged Workers Party vice presidential candidate Fernando Haddad with corruption, driving investors to pare bets on his electoral strength.
On Sunday, Brazil’s top electoral court ruled that “Lula”, former president Luiz Inácio da Silva, cannot run in the presidential election this October. He served two terms as president (2003-2011), he dutifully waited out the following two terms, and his Workers’ Party (PT) has nominated him for the presidency again.
Brazil's top electoral court has banned political campaign ads showing former president Lula da Silva as a candidate, according to a ruling made on Sunday in response to a complaint by the Novo party.