Brazil

Wednesday, February 7th 2018 - 09:35 UTC
Another Temer minister appointment on the cliff

With Brazil’s unpopular government battling to hold together a congressional coalition, President Michel Temer has been unlucky with his pick of cabinet ministers. Seven quit or were fired in his first year in office, four of them following allegations of wrongdoing. Among them, Geddel Vieira Lima, who was eventually arrested after police identified his fingerprints in an apartment filled with US$16 million in cash.
Tuesday, February 6th 2018 - 09:22 UTC
Brazilian judge overturns injunction and allows the export of live cattle

Brazil’s government has won a court decision allowing the export of live cattle, overturning an injunction obtained by an animal rights group, the Agriculture Ministry said on Monday.
Monday, February 5th 2018 - 05:16 UTC
Falklands' oil industry expected to receive an FPSO by 2022

A total of 55 planned and announced floating production, storage, and offloading units (FPSOs) are expected to begin operations by 2022 worldwide, according to a report by GlobalData. In the South American list Brazil figures with 24 FPSOs, plus the Falkland Islands and Guyana with one each.
Saturday, February 3rd 2018 - 10:37 UTC
Federal Judge orders authorities to return the passport of ex president Lula

A Brazilian federal judge ruled on Friday that authorities must return the passport of former President Lula da Silva, seized last week on the order of another court after his conviction for corruption was upheld on appeal. Lawyers for Lula, who governed from 2003-2011, handed over the passport to Brazil’s Federal Police on Jan. 26.
Thursday, February 1st 2018 - 20:35 UTC
Majority of Brazilians want Lula in prison and would not support a candidate sponsored by him

Brazil’s presidential election is up for grabs, according to the latest public opinion poll, with popular ex-president Lula da Silva likely to be barred because of his corruption conviction and half of the electorate responding they want to see him in jail.
Wednesday, January 31st 2018 - 09:06 UTC
Pension reform dispute between Brazil's Executive and Congress

Brazilian Finance Minister Henrique Meirelles said on Monday that although there may be differences in strategy between president Michel Temer and the speaker of the House of Representatives, Rodrigo Maia, everyone's goal is to ensure the approval of the pension reform.
Tuesday, January 30th 2018 - 10:00 UTC
Petrobras to join the Oil and Gas Climate Initiative

The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.
Tuesday, January 30th 2018 - 09:49 UTC
Surprise shock for Lula: praise from Temer, “he's a very charismatic figure”

Brazil's popular but scandal-plagued leftist ex-president Luiz Inacio Lula da Silva got an unlikely morale boost on Monday from a political nemesis, current President Michel Temer. Lula easily leads the polls heading to October's presidential election but his dream of returning to office was left in doubt last week after an appeals court upheld an earlier corruption conviction against him.
Tuesday, January 30th 2018 - 09:28 UTC
Brazil's meets 2017 fiscal target and juggles funds to keep the investment/debt rule

Brazil’s government will tap the nation’s sovereign fund and recent surpluses to cut debt and avoid breaking budget rules this year, officials said on Monday, after easily meeting the 2017 fiscal target.
Monday, January 29th 2018 - 10:50 UTC
Drugs related shootings in northeast Brazil kill 14 in a nightclub

At least 14 people were killed in a shootout at a nightclub in Fortaleza, in northeastern Brazil, officials said on Saturday. “We can confirm 14 deaths,” Andre Costa, security secretary for the state of Ceara - of which Fortaleza is the capital - told a press conference.