Brazil

• Monday, June 1st 2020 - 08:55 UTC

  Brazil becomes the country with Covid-19 fourth highest deaths toll: 29,314

  

  Brazil reported a record 33,274 new cases of the new coronavirus this weekend, the health ministry said, and the death toll surpassed that of France and now ranks below only the United States, Britain, and Italy.

• Monday, June 1st 2020 - 08:52 UTC

  Bolsonaro leads protests against Congress and the Supreme Court

  

  Brazilian President Jair Bolsonaro joined supporters protesting against Congress and the Supreme Court in Brasilia on Sunday, stoking concerns of an institutional crisis in the nation that now has the world's second-highest number of coronavirus cases after the US.

• Monday, June 1st 2020 - 07:48 UTC

  Brazil's plane manufacturer Embraer expects to obtain a US$ 600 million credit from government

  

  Brazilian plane manufacturer Embraer SA, the world's third-largest commercial jet builder, should obtain US$600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday.

• Monday, June 1st 2020 - 07:40 UTC

  Latam Brazil bailout could be delayed until at least July

  

  LATAM Airlines Group's U.S. bankruptcy filing last week will delay its potential bailout in Brazil to at least July and also push back aid to its rivals at least through the end of June.

• Saturday, May 30th 2020 - 08:49 UTC

  Sao Paulo City will gradually lift lockdown beginning Monday June first

  

  Despite a record number of new coronavirus cases reported in Brazil this week, Sao Paulo –the largest city in South America and home to Brazil's financial hub– will allow shops and malls to reopen after two months of loosely enforced quarantine.

• Saturday, May 30th 2020 - 08:48 UTC

  Brazil surpasses Spain and becomes fifth highest in number of virus fatalities

  

  Brazil on Friday reached 27,878 coronavirus deaths, official figures showed, surpassing the toll of hard-hit Spain and making it the country with the fifth-highest number of fatalities. The epicenter of the South American coronavirus outbreak, Brazil saw 1,124 deaths in 24 hours, the Ministry of Health said.

• Saturday, May 30th 2020 - 08:43 UTC

  Brazilian reporters withdraw from presidential palace coverage because of attacks by Bolsonaro followers

  

  Brazil's four largest news media outlets said they have withdrawn their reporters from coverage of President Jair Bolsonaro's official residence due to the lack of security to protect them from heckling and abuse by his supporters.

• Saturday, May 30th 2020 - 08:38 UTC

  Boeing dumped Embraer but the Brazilian plane maker has suitors from China, Russia and India

  

  Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80% of Embraer’s commercial unit in April, ending a planned move into regional jets that mirrored rival Airbus’ purchase in 2018 of a competing model developed by Canada’s Bombardier.

• Friday, May 29th 2020 - 08:51 UTC

  Furious Bolsonaro slams the Supreme Court for investigating his supporters

  

  President Jair Bolsonaro slammed Brazil's Supreme Court on Thursday for investigating an alleged disinformation and intimidation campaign involving his supporters, as a political crisis mushroomed amid the country's accelerating COVID-19 outbreak.

• Friday, May 29th 2020 - 08:50 UTC

  Foreigners reduced holdings of Brazilian bonds: market turmoil and political uncertainty

  

  Foreigners reduced their holdings of Brazilian bonds in April to the lowest since 2009, figures on Wednesday showed, against the backdrop of rising financial market turmoil fueled by the coronavirus crisis and domestic political uncertainty.