Brazil

Wednesday, March 3rd 2021 - 08:40 UTC
Brazil's currency losing ground: central bank chief says it is not justified by economic fundamentals

With public finances threatened, Brazil’s Real has suffered as investors adjust to changing liquidity conditions globally, but some of it has not been justified by economic fundamentals, central bank President Roberto Campos Neto said on Tuesday.
Add your comment!
Wednesday, March 3rd 2021 - 08:38 UTC
Producer price inflation in Brazil anticipates Central bank will raise interest rates

Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.
Add your comment!
Wednesday, March 3rd 2021 - 08:08 UTC
The great Pele received his first dose of Covid-19 vaccine, “unforgettable day”

The great Brazilian football star Pele received his first dose of a COVID-19 vaccine on Tuesday, calling it an “unforgettable day.” The 80-year-old Brazilian football great posted the news on his social media channels along with a picture of himself receiving the shot in his right arm.
Add your comment!
Tuesday, March 2nd 2021 - 09:54 UTC
Bolsonaro promises to sign on Tuesday a decree suspending a tax on diesel to prevent a truckers strike

Brazilian President Jair Bolsonaro said on Tuesday he would suspend a tax on diesel fuel, to try and placate truckers, but the government would instead hike taxes on banks to offset lost revenue.
Add your comment!
Monday, March 1st 2021 - 08:55 UTC
Coronavirus “Manaus” variant detected in UK: three in England, three in Scotland

A coronavirus “variant of concern” first detected in Brazil has now been found in the UK. Three cases have been detected in England and separately three in Scotland. In England, officials are still trying to track down one of those who tested positive for the new variant.
Add your comment!
Monday, March 1st 2021 - 08:34 UTC
Brazilian ranchers strongly oppose the import of live cattle from neighboring Paraguay

Brazilian meat-packers has asked the agriculture ministry for authorization to import live cattle from Paraguay, bur farmers organizations have strongly criticized the initiative. The request to import live cattle from Paraguay, made by a trade group based in Mato Grosso do Sul, which borders Paraguay, comes as Brazil's cattle availability has fallen in recent months due to strong demand from meat processors.
Add your comment!
Monday, March 1st 2021 - 08:34 UTC
First totally designed and manufactured Brazilian satellite Amazon-1, successfully launched from India

A Brazilian Earth observation satellite soared to space aboard an Indian rocket late Saturday along with 18 passenger satellites from the United States and India. The Indian Space Research Organization (ISRO) launch, which carried Brazil's Amazonia-1 satellite into orbit, lifted off from the Satish Dhawan Space Centre in Sriharikota, India.
1 comment
Sunday, February 28th 2021 - 10:35 UTC
Bolsonaro argues state controlled companies should fulfill a social function

Brazilian President Jair Bolsonaro said that the country’s state-controlled companies should fulfill a social function and any different understanding by their chief executives was unacceptable.
Add your comment!
Friday, February 26th 2021 - 13:19 UTC
Brazil purchases 20 million doses of India's Bharat Biotech vaccine

Brazil's health ministry on Thursday signed a deal with India's Bharat Biotech to purchase 20 million doses of Covaxin, a Covid 19 vaccine. The news came a day before Brazil marks one year since the first case of Covid-19 was confirmed in the country after a Sao Paulo businessman returning from a trip to Italy tested positive.
Add your comment!
Friday, February 26th 2021 - 09:40 UTC
Brazil's share of Electrobras will fall to 45% from 61% under the privatization deal

Brazil’s government will cut its stake in power company Centrais Eletricas Brasileiras SA , or Eletrobras, to 45% from its current 61% in a planned privatization process, a senior official in the Energy Ministry announced on Wednesday.
Add your comment!