President Michel Temer said on Wednesday that Brazil will respond with caution to planned U.S. tariffs on steel and aluminum to avoid hurting ties with its second-largest trade partner. But if talks fail, the president emphasized, Brazil will not hesitate to take a complaint to the World Trade Organization.
Brazil will harvest 87.28 million tons of corn in the 2017-18 season, federal government crop agency Conab said in a monthly report, down from 88 million tons in its February report. The 2016-17 harvest was 97.84 million tons.
A controversial visit and meeting of two branches of government, on Saturday, was reported in the Brazilian media. In effect last Saturday afternoon president Michel Temer made a visit to the head of the Federal Supreme Tribunal Carmen Lucia at her residence, and was not conducted as part of the President’s official schedule.
January is summer month in Argentina, equivalent to July in the northern hemisphere, and Argentines love to take to the beaches or travel overseas. This last January, according to the official stats office, Indec, the number of arrived tourists in Argentina increased 8.7% compared to a year ago, but Argentines tourists overseas jumped 20.5%., most probably on the back of a particularly strong Peso vis-a-vis the US dollar.
Support for a presidential run by Brazil Finance Minister Henrique Meirelles is gaining strength within the country’s largest party and he could be nominated over President Michel Temer for the October presidential race, party officials said.
The speaker of Brazil’s lower house of Congress, Rodrigo Maia, said he will run for the presidency with a market-friendly platform advocating tax cuts and more efficient public spending. Maia’s preliminary nomination by his centre-right Democrats party, the main ally to President Michel Temer, must be formalized at a convention in late July.
Norwegian Air Shuttle ASA plans to fly to Brazil from Argentina and London to boost its month-old operations in South America, Chief Executive Officer Bjorn Kjos said in an interview in Buenos Aires. The Scandinavian company has already received authorization from the Argentine government to operate flights to 13 Brazilian cities. Norwegian is evaluating flying in other Latin American nations, Kjos said, declining to give more details.
Brazil does not face any risks of countries instituting new bans on Brazilian meat imports after the latest phase of the “Weak Flesh” investigation into companies accused of committing fraud to avoid safety checks, Agriculture Minister Blairo Maggi said on Wednesday.
Brazil’s Senate on Wednesday approved an Open Skies agreement between Brazil and the United States that clears the way for a partnership between American Airlines Group Inc and LATAM Airlines Group. The treaty will be sent to President Michel Temer, who is expected to sign it into law.
The Director of Aviation at Aviation Economics Joanna Hunt commenting on the progress of a second commercial air-link to the Falkland Islands has confirmed there has been interest from airlines.