Brazil

Saturday, March 7th 2020 - 06:40 UTC
Trump receives Bolsonaro for dinner at the president's Mar-a-Lago resort

US President Donald Trump will meet with Brazilian President Jair Bolsonaro in Florida on Saturday to discuss trade, infrastructure, Venezuela and the Middle East, the White House said in a statement on Friday.
Friday, March 6th 2020 - 11:00 UTC
“If I mess up”, the US dollar could reach 5 Real, admits Brazil's minister Guedes

Brazil’s economy minister blamed the Real’s slide to an all-time low on the coronavirus outbreak and said the currency could weaken to as much as 5 per dollar if he “messes up.” Paulo Guedes said the Real is weakening largely due to the economic impact of the epidemic, rather than a change in the country’s risk perception.
Friday, March 6th 2020 - 08:48 UTC
Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.
Thursday, March 5th 2020 - 08:46 UTC
Frustrating Brazilian economic growth in 2019: less than half the forecast at the start of the year

Brazil’s economy expanded by 1.1% in 2019, marking a third straight year of frustrating activity following a massive recession, according to data released on Wednesday.
Thursday, March 5th 2020 - 08:40 UTC
Brazil and Argentina disputing the presidency of the Inter American Development Bank

Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair Bolsonaro seeks to capitalize on the political alliance with his U.S. counterpart Donald Trump.
Thursday, March 5th 2020 - 07:28 UTC
Brazil's newly appointed Culture Secretary sacks six top officials

Seeking to clean up an office embroiled in scandal, Brazil's new culture secretary started her tenure Wednesday by firing six top officials, including one who said rock music pushes people toward Satanism.
Thursday, March 5th 2020 - 07:16 UTC
Brazil to auction US$ 1 billion forex swaps on Thursday to boost the anemic Real

Brazil’s central bank on Thursday will auction up to US$ 1 billion foreign exchange swaps contracts, it said on Wednesday, the latest FX market intervention in the face of the real’s 12% slide this year to a series of record lows against the dollar.
Tuesday, March 3rd 2020 - 08:37 UTC
Socialist Paris mayor makes Lula da Silva an honorary citizen of the city

Paris city hall made Brazil’s former leader Lula da Silva an honorary citizen on Monday, in a likely blow to his political enemy President Jair Bolsonaro whose relationship with France has deteriorated. The motion to honour Lula was backed by the city’s Socialist mayor Anne Hidalgo.
Tuesday, March 3rd 2020 - 08:37 UTC
Weaker Brazilian currency helped boost exports during February

Brazil posted a trade surplus of US$ 3.1 billion in February, official data showed on Monday, double expectations and a sign that the record low exchange rate may finally be starting to support exports.
Tuesday, March 3rd 2020 - 08:36 UTC
Brazil confirms second case of coronavirus: patient who arrived from Italy

Brazil’s Health Ministry over the weekend confirmed the country’s second case of the fast-spreading new coronavirus, diagnosed in a 32-year-old patient in São Paulo who had recently visited Italy and arrived on Thursday.