Tag: Brazil

• Wednesday, August 3rd 2016 - 07:24 UTC

  Brazilian caipirinha: Rousseff impeachment and Olympics take off this week

  

  Brazil's long-running presidential impeachment drama starts to unveil this week just as the Rio Olympics sprints out of the starting blocks. Suspended Brazilian President Dilma Rousseff, who is accused of breaking budgetary laws, is staying away from the opening ceremony in Rio.

• Wednesday, August 3rd 2016 - 07:12 UTC

  US 'Dream team' rented cruise liner “Silver Cloud” as their Olympic Village

  

  Multi-millionaire members of the US Olympic basketball team have rented a massive luxury cruise ship to call their home while they compete at the Rio Olympics. Super rich members of the 'Dream Team' are shirking the nightmare of the Olympic Village, still undergoing finishing touches in some areas and likely to remain “under construction” throughout the games in others. Members of the women's team are also reported to be calling the cruise ship home.

• Wednesday, August 3rd 2016 - 06:58 UTC

  Rio Games opening tailored to the current economic conditions in Brazil

  

  Rio de Janeiro Olympics opening ceremony on Friday will break with the recent tradition of large-scale and expensive shows, featuring a low-emissions cauldron and an “analogue” experience, executive producer Marco Balich said.

• Wednesday, August 3rd 2016 - 06:10 UTC

  Argentina, Brazil and Paraguay consider Mercosur chair 'vacant' and call for urgent meeting

  

  Mercosur's disarray and fault lines were again exposed when Brazil, Argentina and Paraguay insisted that Venezuela's self proclamation as president of the group was invalid, and also expressed disappointment with Uruguay for having ended its mandate last Saturday causing “great uncertainty”.

• Wednesday, August 3rd 2016 - 06:02 UTC

  Venezuela rejects call for Mercosur meeting and claims a conspiracy against Bolivarianism

  

  Venezuela rejected Argentina's call for an urgent Mercosur meeting and underlined it is exercising the group's pro tempore presidency “legally” accusing Brazil, Argentina and Paraguay of being part of a Triple Alliance which is re-editing “a sort of Plan Condor against Venezuela to harass and criminalize its model of development and democracy”.

• Tuesday, August 2nd 2016 - 06:52 UTC

  Mercosur in a state of disarray; Venezuela's presidency disavowed by Argentina, Brazil and Paraguay

  

  Argentina, Brazil and Paraguay have announced they do not support Venezuela as the pro tempore presidency of Mercosur, further deepening controversy in the group which could even hinder ongoing trade negotiations with the European Union and closer links with the Pacific Alliance.

• Tuesday, August 2nd 2016 - 06:43 UTC

  As Olympics opening Day approaches, Brazilians take to the streets to protest

  

  Thousands of demonstrators took to the streets in Brazil on Sunday, some calling for the permanent ouster of suspended President Dilma Rousseff and others demanding her return to office.Rousseff was impeached and suspended in May for allegedly violating budget laws. A Senate trial on permanently removing her is expected in late August.

• Tuesday, August 2nd 2016 - 06:35 UTC

  Temer hails beef agreement with the US; expects sales to reach US$ 1b next year

  

  Brazil's acting president, Michel Temer, on Monday hailed the opening of the U.S. market to Brazilian beef, saying that it will help create new jobs and will expand trade for Latin America's largest economy.

• Tuesday, August 2nd 2016 - 06:24 UTC

  UBS optimistic about evolution of Brazilian economic activity in second half of 2016

  

  Things are looking up for the Brazilian economy - but it won't be due to the Olympic games starting this week, according to a UBS report published last Friday.

• Tuesday, August 2nd 2016 - 06:19 UTC

  US and Brazil agree to open each others' beef market

  

  The United States and Brazil have agreed to allow access to each other's beef markets after more than a decade of negotiations. Brazil's Ministry of Agriculture, Livestock and Food Supply has agreed to imports of U.S. beef for the first time in 13 years, USDA announced today. And the U.S. will accept Brazilian beef for the first time since 1999.