President Jair Bolsonaro threatened on Friday to pull Brazil out of the World Health Organization after the U.N. agency warned governments about the risk of lifting lockdowns before slowing the spread of the novel coronavirus.
Brazil posted a net foreign exchange inflow of US$ 3.1 billion in May, central bank figures showed on Wednesday, its first net inflow since July last year.
Brazil registered a record number of daily deaths from the novel coronavirus for a second consecutive day, according to Health Ministry data released on Wednesday, even as city and state authorities move aggressively to open commerce back up.
The Brazilian municipality of Parauapebas, in the state of Pará, which houses part of the Serra dos Carajás, where the largest open-cast iron ore mine in the world is located, will carry out mass testing for Covid-19, reaching about half the population.
Last month, Brazilian exports totaled US$17.94 billion and imports, US$13.392 billion, which generated a trade surplus of US$4.548 billion. On the export side, there was a 4.2% decline in the daily export average from US$936.02 million in May 2019, to US$896.98 million in May 2020. In relation to imports, there was a 1.6% decline in the daily average over the same comparison period, from US$680.37 million to US$669.58 million.
Brazil surpassed 30,000 deaths from the coronavirus outbreak on Tuesday as the disease continued to rip through South America's worst-hit country. Figures released by the health ministry showed a new record 1,262 deaths in the previous 24 hours, as well as 28,936 new infections.
Hundreds of demonstrators converged on the square in front of the Rio de Janeiro state government palace Sunday, protesting crimes committed by the police against black people in the Brazilian city’s poor neighborhoods, known as favelas.
Brazil's financial analysts downgraded their economic growth forecast for 2020 from -5.89% to -6.25%, marking the 16th downward adjustment in a row, the Central Bank of Brazil said on Monday.
Brazil's May soybean exports jumped 45% on the year to reach 15.5 million tons, the second-highest monthly soy shipment ever, the latest foreign trade department data released on June first showed, with a hefty 74% of this volume bound for China.
The United States has delivered two million doses of the anti-malarial medicine hydroxychloroquine (HCQ) to Brazil to fight COVID-19, the White House said Sunday, though the drug has not been proven effective against the coronavirus.