Brazil

• Monday, May 9th 2022 - 19:35 UTC

  Brazil's Defense Minister asks TSE to disclose objections to voting system

  

  Brazil's Defense Minister, General Paulo Sergio Nogueira de Oliveira, has asked the Superior Electoral Court (TSE) to make public the questions raised by the Armed Forces regarding the trustworthiness of the Oct. 2 elections.

• Saturday, May 7th 2022 - 10:44 UTC

  Booming beef industry and exports for Brazilian company

  

  One of the largest beef companies in the world with operations in several continents presented its financial results for the first quarter of 2022. Brazil's Marfrig net revenue was 22.3 billion reais, up 29.6% year-on-year. Adjusted Ebitda reached 2.7 billion reais in 1Q22, up 60.9%, and the adjusted Ebitda margin was 12.3%.

• Saturday, May 7th 2022 - 10:27 UTC

  Bolsonaro makes trip to Guyana to expand business opportunities

  

  Brazilian President Jair Bolsonaro and his Guyana counterpart Mohamed Irfaan Ali signed a series of cooperation agreements on mutual legal assistance in civil and criminal matters in Georgetown.

• Friday, May 6th 2022 - 13:54 UTC

  Hamilton Mourão, vice-president of Brazil, arrived in Montevideo to meet with Uruguayan authorities

  

  The vice-president of Brazil, Hamilton Mourão, arrived on Thursday in Uruguay, where he will remain until Saturday on an official visit.

• Friday, May 6th 2022 - 11:56 UTC

  Bolsonaro to hire company to monitor elections

  

  Brazil's President Jair Bolsonaro Thursday insisted on the questionable reliability of the country's electronic voting system and announced that his Liberal Party would retain the services of a company to monitor the October elections, as allowed “in the electoral legislation.”

• Friday, May 6th 2022 - 09:18 UTC

  Brazil hikes interest rate to its highest in five years, 12,75%, to fight double digit inflation

  

  As anticipated Brazil's central bank, in a unanimous decision, raised interest rates by 1% to 12,75%, the highest in five years, to contain double digit inflation. However policymakers suggested their tenth straight rate increase would not be the last in what has been one of the world’s most aggressive ongoing rate hike cycles.

• Wednesday, May 4th 2022 - 22:11 UTC

  Brazil's Police not happy with President's undelivered promises - strikes coming up

  

  Brazil's Federal Police will stage “partial and progressive” strikes in light of President Jair Bolsonaro's unfulfilled promises regarding salaries and promotion schemes, the National Association of Federal Police Commissioners (ADPF, for its acronym in Portuguese) said in a statement.

• Wednesday, May 4th 2022 - 22:09 UTC

  Son of Bolsonaro insists Milei can become Argentina's next president

  

  Brazilian Deputy Eduardo Bolsonaro, son of President Jair Bolsonaro, held a telephone conversation with his Argentine colleague Javier Milei, whom he reportedly told that “I believe you can be president.”

• Tuesday, May 3rd 2022 - 14:54 UTC

  Lula's advisors insist on unified currency for Latin America

  

  Former Brazilian President Luiz Inácio Lula Da Silva and his economic team would push for a unified regional currency like the Euro to end South America's inclination to the US dollar should he win the Oct. 2 elections over the incumbent Jair Bolsonaro, it was reported Monday.

• Tuesday, May 3rd 2022 - 09:48 UTC

  Brazil once again sidelined from G7 Summit

  

  As host Germany announced the guest countries for this year's G7 Summit, Brazil was once again left out of the list for the third consecutive time, while South Africa, India, Indonesia, and Senegal are to be welcome, it was announced.