US dollar expectations in the Brazilian market are beating forecasts having reached R$ 6.30 in December, (from 4.85 in January 2024) making the Brazilian Real one of the largest currencies of emerging countries, as the most devalued during 2024, despite the Central Bank pumping some US$ 17 billion to the market hoping to contain the slide.
Authorities said that the black boxes of the Brazilian-built Embraer 190 Azerbaijan Airlines jet that crashed on Wednesday in Kazakhstan will be sent to the manufacturing country's aviation watchdog to further investigate the causes of the accident near Aktau, a port on the Caspian Sea in western Kazakhstan, far from the aircraft's planned route.
The Chinese BYD electric car factory construction in northern Brazil has turned out into a dispute between Chinese investors and Brazilian authorities who accused the Chinese contractor of having Brazilian labor working in slavery-like conditions that allegedly entered the country with temporary labor visas.
A new virus, oropouche, is extending in Brazil and has become of concern to the country’s Public Health Ministry, since it was circumscribed to the Amazon Region but has now been reported in at least 22 states and 11.000 cases during the first half of December.
Unemployment in South America's largest country reached 6.1% in the quarter ending last month, Agencia Brasil reported Friday citing figures from Brazil's Institute of Geography and Statistics (IBGE). It was the lowest rate in this time series dating back to the first quarter of 2012.
Former Brazilian President Dilma Rousseff, who now chairs the BRICS' New Development Bank (NDB) said Friday after meeting with Uruguay's President-elect Yamandú Orsi at the latter's transition headquarters that the South American country was best positioned to access financing at lower rates for digital, social infrastructure, and education developments.
While the United States still debates whether to implement a voter ID mechanism, Brazilian household pets will soon be eligible for the Animal ID card free of charge as the National Register of Domestic Animals is entering its final testing phase, Agencia Brasil reported this week. The Environment Ministry said the tool can be accessed through the Gov.br website.
Argentina's State-owned oil company YPF agreed this week to sell its stake in its Brazilian lubricants subsidiary to the local Usiquimica to achieve “greater focus and profitability” in its operations, it was reported in Buenos Aires. The buyer has been producing and trading chemical products for 80 years.
The City Council of Niteroi, in the Brazilian State of Rio de Janeiro, said Civil Defense agents and biologists were monitoring a fur seal spotted on Itaipuaçu beach, in Maricá, last Sunday, Agência Brasil reported. The area was cordoned off by local authorities, it was also explained.
Brazilian authorities reported this week that some 163 workers had been rescued from slave-like conditions at the BYD plant in Camaçari, a municipality in the metropolitan area of Salvador, in the state of Bahia.