The Brazilian government will investigate claims by Russian authorities regarding the alleged presence of feed additive ractopamine in pork shipments, the agriculture ministry said in a statement earlier this week.
A new version of Brazil’s unpopular pension reform bill presented on Wednesday would require fewer years of contributions by private sector workers to receive a pension, according a draft of the legislation that the government hopes will win approval in Congress.
Britain successfully lobbied Brazil on behalf of BP and Shell to address the oil giants’ concerns over Brazilian taxation, environmental regulation and rules on using local firms, government documents reveal, according to a piece published in The Guardian.
A new boss took over Brazil's federal police on Monday despite criticism that he would block a probe into unpopular Brazilian President Michel Temer, who is being investigated by the force. Several Brazilian media outlets reported that Fernando Segovia's appointment was supported by government ministers also implicated in federal police investigations.
Visiting Brazil will soon become easier for international travelers under a new electronic visa program, starting on January 15. The entire visa process to tourists coming from the U.S., Canada, Australia and Japan will be doable online, and concluded within an estimated 72 hours.
Brazil's low-cost oil will help Petrobras compete in a tough market as it seeks to turn around its business, Pedro Parente, CEO of the state-owned oil giant anticipated. Oil majors such as Exxon, Mobil, BO, Royal Dutch Shell, Total and Statoil have been snapping up blocks in the Atlantic Ocean off the coast of Brazil that hold crude under thousands of meters of salt.
Shares of Brazil’s Petrobras plunged 7.8% on Tuesday a day after the state-controlled oil company reported disappointing third-quarter earnings. The company also announced that during October oil production remained stable but gas was down 1.5%
Brazil’s President Michel Temer will start a cabinet reshuffle that should be completed in mid-December, his press office said on Monday without providing a reason for the change. he announcement came after the resignation on Monday of Bruno Araujo, head of the Ministry of the Cities, one of four ministries held by the centrist PSDB party in Temer’s government.
Brazil's Embraer and American Airlines Inc. signed a firm order for ten E175 jets. American Airlines is exercising its purchase rights from its original contract with Embraer signed in 2013. This new order is in addition to the one placed in April for four aircraft; is valued at US$ 457 million, based on current list prices, and will be included in Embraer’s fourth-quarter backlog. Deliveries begin in 2018 and continue through mid-2019.
The number of violent deaths registered during 2016 in Brazil reached 61,600, a 4.7% increase compared to the previous year. This works out to seven people murdered per hour, on average, throughout the country, according to data from the Brazilian Forum on Public Safety released this week.