Brazil

Friday, January 22nd 2021 - 09:08 UTC
Brazilian meatpacker announces China has lifted bans on two processing plants

Brazilian meatpacker JBS SA announced that China has lifted bans on two meat plants imposed in 2020 over coronavirus concerns.
Friday, January 22nd 2021 - 08:32 UTC
Brazil keeps Selic rate at 2%, but uncertainty about economic growth remains

The Brazil Central bank rate setting committee, Copom, unanimously decided on Wednesday to maintain the Selic rate at 2.00% for the fourth time running, but anticipating that inflation expectations for the next two years have risen and uncertainty surrounds the Brazilian economy in the short term.
Thursday, January 21st 2021 - 09:29 UTC
South American leaders congratulate Joe Biden and Kamala Harris

Leaders of South America congratulated and celebrated the new United States administration on Wednesday as President Joe Biden and Vice President Kamala Harris were officially inaugurated.
Thursday, January 21st 2021 - 08:57 UTC
Sao Paulo and Mato Grosso concentrated 42% of Brazilian beef exports in 2020

The states of Sao Paulo and Mato Grosso led Brazilian beef exports in 2020, a record year for the country with total sales of 2,016 million tons. Data from SECEX (the Brazilian foreign-trade secretariat) compiled by ABRAFRIGO (the Brazilian meatpackers association) point out that São Paulo shipments totaled 439,900 tons, or 21.8% of the total, while shipments from Mato Grosso reached 407,700 tons or 20.2% of the total.
Wednesday, January 20th 2021 - 09:54 UTC
Brazil sets out its position ahead of US president Joe Biden's administration

President Jair Bolsonaro’s government, which embraced both the Trump administration and its core ideals, wants president Joe Biden to know where Brazil stands and it’s not about to reverse course in response to the change of U.S. leadership.
Tuesday, January 19th 2021 - 09:27 UTC
With Trump leaving, Brazil backtracks in its opposition to Huawei's 5G bid

China's telecommunications sector is celebrating that the Brazilian government became the first in the world to backtrack on its opposition to Huawei's 5G bid. Brazil will not seek to bar the Chinese telecommunication giant from its 2021 5G network auctions in June, according to reports published in the newspaper Estado de S. Paulo.
Tuesday, January 19th 2021 - 09:16 UTC
Brazil launches vaccination campaign, but many supply problems persist

Brazil launched on Monday the national inoculation program with China's Sinovac Biotech vaccine, but so far it includes five of the country's 26 states. After weeks of setbacks, many Brazilians cheered the first wave of inoculations, from bustling clinics in Sao Paulo to a spectacular shot planned at the foot of the Christ Redeemer statue overlooking Rio de Janeiro.
Tuesday, January 19th 2021 - 09:16 UTC
Bolsonaro allies expected to win control of both houses in Congress

Brazil’s right-wing president Jair Bolsonaro sponsored candidates are expected to win control of Congress next month, politicians and analysts said on Monday, despite controversy of the management of the pandemic.
Tuesday, January 19th 2021 - 08:29 UTC
Brazilian economy forecasted to grow 3,45% this year with 3,75% inflation

Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection at 2.5% for 2022, the Central Bank of Brazil announced Monday.
Monday, January 18th 2021 - 09:25 UTC
Brazil approves two vaccines against Covid-19: AstraZeneca and China's Sinovac

Brazil approved two vaccines for emergency use against the coronavirus on Sunday as the country’s death toll from the disease it causes neared 210,000 and some of its hospitals grappled with an oxygen shortage.