Brazil

• Wednesday, February 17th 2021 - 08:42 UTC

  Brazilian city suspends vaccination campaign because of insufficient doses

  

  Rio de Janeiro suspends Covid-19 vaccination campaign until next week because the Brazilian city has run out of doses, Mayor Eduardo Paes announced. “I have been informed that the new doses did not arrive. We will have to interrupt our campaign from Tuesday,” Paes wrote on Twitter.

• Wednesday, February 17th 2021 - 08:42 UTC

  Bolsonaro seeks Israeli developed nasal spray against Covid-19, recommended by his “good friend” Netanyahu

  

  President Jair Bolsonaro said the Brazilian government would seek emergency use authorization for an Israeli-developed nasal spray against Covid-19 that Prime Minister Benjamin Netanyahu described as a “miracle” treatment.

• Monday, February 15th 2021 - 08:42 UTC

  Brazil confirms cases of UK variant of the coronavirus in two states

  

  Brazil's health ministry confirmed on Sunday cases of the UK variant of the novel coronavirus in two states and in the federal district of Brasília. However, the government said it has not yet confirmed cases of the South African variant.

• Saturday, February 13th 2021 - 08:38 UTC

  Bolsonaro has congress support to extend pandemic emergency payments for another four months

  

  The leaders of Brazilian congress two chambers announced on Friday priority will be given to reviving pandemic emergency payments to the vulnerable population, which are expected to be granted in four months, from March to June.

• Friday, February 12th 2021 - 09:57 UTC

  Brazilian Central Bank communication triggers confusion in financial markets

  

  Brazil's Central Bank chief Roberto Campos Neto admitted on Thursday that the January interest fixing rate policy meeting release may have generated more confusion in financial markets, instead of more transparency in communications.

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.

• Friday, February 12th 2021 - 09:42 UTC

  Brazilian tourism industry lost some US$ 50bn and 13% of sector jobs in 2020

  

  The Brazilian tourism sector lost 261.3 billion Reais (some US$ 49bn) last year due to the COVID-19 pandemic, the National Confederation of Commerce, Goods, Service and Tourism (CNC) said on Thursday.

• Friday, February 12th 2021 - 09:32 UTC

  Argentina's Patagonia bank teams with Swiss UBS and Banco do Brasil to have a global platform

  

  UBS BB Investment Bank, a joint venture between UBS Group AG and Banco do Brasil SA for South America, reached a collaboration agreement with Argentina’s Banco Patagonia SA.

• Friday, February 12th 2021 - 09:18 UTC

  Brazil congress passes bill granting the central bank greater autonomy

  

  Brazil's lower house of Congress on Wednesday approved the text of a bill granting the central bank autonomy, which will set fixed four-year terms for the bank's president and directors, and tighter rules on their exit from office.

• Thursday, February 11th 2021 - 08:47 UTC

  Brazilian Central Bank says inflation outlook rose for the fifth week running

  

  Brazil's central bank weekly FOCUS survey of some 100 economists and financial institutions indicated that the outlook for inflation in the country rose for the fifth consecutive week, and is getting closer to the bank's target for the year.