Brazil

Thursday, March 6th 2025 - 08:24 UTC
Rio de Janeiro Carnival: Hotel occupancy surpasses 95%

HotéisRIO, the Cidade Maravilhosa's hotel owners' association, forecast that hotel occupancy during this year's Carnival festivities reached 95.51%, a substantial increase from last year's 80.18%, presumably due to Carnival taking place in March this year, which lures more visitors to the city, Agencia Brasil reported. The survey covers the period from March 1 to 4 as Rio’s Carnival has grown into a billion-dollar industry.
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Wednesday, March 5th 2025 - 09:12 UTC
China halts meat imports from Brazil, Argentina, Uruguay, and Mongolia

China’s customs authorities have suspended beef imports from seven meatpacking facilities across Brazil, Argentina, Uruguay, and Mongolia as of March 3, 2025. The affected companies include two Argentine exporters (Frigorífico Regional General Las Heras SA and Frio Dock SA), three Brazilian slaughterhouses (Frisa Frigorífico Rio Doce S/A, Bon-Mart Frigorífico Ltda, and JBS S/A), one Uruguayan facility (Frigorífico Sirsil SA), and a Mongolian supplier. No official reason for the measure was provided, though it follows a 2024 record of 2.87 million metric tons of beef imports, which led to an oversupplied market and historically low domestic beef prices in China.
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Wednesday, March 5th 2025 - 09:00 UTC
Russian model Irina Shayk keeps heads turning at Rio's Carnival

Rio de Janeiro's Carnival is an annual event for many. But for 39-year-old Russian model Irina Shayk, it was her first. She made a stunning debut on Monday, dressed in a spectacular rhinestone costume, as the guest of honor for the samba school Beija-Flor de Nilópolis, one of the most awarded schools in town.
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Tuesday, March 4th 2025 - 10:50 UTC
Lula invites Mexico, Colombia, and Uruguay to BRICS Summit

Brazilian President Luiz Inácio Lula da Silva invited Mexico, Colombia, and Uruguay to participate in the upcoming BRICS summit in July in Rio de Janeiro. The bloc, which includes Brazil, China, and India, represents 40% of the world's population. The summit will focus on reducing dependence on the US dollar and promoting local currencies in transactions.
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Monday, March 3rd 2025 - 19:20 UTC
Brazilian production wins Oscar for Best Picture in Foreign Language

Brazilians celebrated it as if it was another football title when Walter Salles' “Ainda Estou Aqui” (“I'm Still Here”) won the Oscar for Best Film in a Foreign Language. It was the first time a production from the South American country received such an accolade. The movie tells the story of a family during Brazil's military dictatorship (1964-1985).
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Friday, February 28th 2025 - 10:06 UTC
Brazil: Respiratory complications feared to mount during Carnival gatherings

According to the latest issue of the Infogripe bulletin from the Rio de Janeiro-based Oswaldo Cruz Foundation (Fiocruz), large crowds during the upcoming Carnival festivities may lead to increased transmission of respiratory viruses.
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Thursday, February 27th 2025 - 10:29 UTC
Petrobras' 2024 profits below those attained the year before

Brazil's State-owned oil company Petrobras activities yielded R$36.6 billion (US$7.5 billion) in profits last year, according to a report released Wednesday in Brasilia. However, these figures are below 2023's performance, when the company recorded a net profit of R$124.6 billion (US$24.9 billion), the exchange rate variation in debts between Petrobras and its subsidiaries abroad playing a key role in these results.
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Wednesday, February 26th 2025 - 09:37 UTC
Export of live animals do not violate Brazilian law, federal court ruling

A Brazilian Federal Court has ruled that the export of live animals for slaughter does not violate Brazilian law. The unanimous decision of the Federal Court overturned a lower court ruling that had suspended the activity at all Brazilian ports.
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Tuesday, February 25th 2025 - 15:20 UTC
Petrobras orders four homebuilt tankers

Brazil's State-run oil company Petrobras and its subsidiary Transpetro Monday signed a contract for the building of four Handy-class tankers, each costing US$ 69.5 million, with a total investment of US$ 278 million. The new ships will become a part of Petrobras' Fleet Renewal and Expansion Program. The ceremony in Rio Grande do Sul was attended by President Luiz Inácio Lula da Silva, Vice-President Geraldo Alckmin, and other officials.
Tuesday, February 25th 2025 - 10:42 UTC
Fossil fuels will finance Brazil's energy transformation, Lula says

Brazilian President Luiz Inácio Lula da Silva pointed out that his country would rely on fossil fuels to finance the transition to clean energy. He made those remarks during a contract signing ceremony with Transpetro and oil companies Rio Grande and Mac Laren.