Brazilian Agriculture Minister Tereza Cristina Dias said that she will discuss U.S.-Brazil trade in meat, sugar and ethanol in talks next week between officials of the two countries. Dias, who will travel with President Jair Bolsonaro to the United States, said one of her priorities is to reopen the U.S. market for Brazil’s fresh beef exports, which were suspended almost two years ago over safety concerns.
Apparent links between Brazilian leader Jair Bolsonaro and two suspects arrested over the murder of rights activist Marielle Franco are believed to be a coincidence, police said on Tuesday, as the President faced scrutiny over the connections.
Automobile production in Brazil rose 29.9% in February from January, while sales slipped 0.6%, the national automakers’ association said on Monday. Automakers in Brazil produced around 257,200 new cars and trucks last month, while sales totaled about 198,600 vehicles, according to industry group Anfavea.
Consumer prices in Brazil rose at a slightly faster pace than expected in February due to a rise in private education fees and food and beverage prices, statistics agency IBGE said on Tuesday. On a monthly basis, inflation rose by 0.43% in February, IBGE said, more than the expected 0.39% and up from 0.32% a month earlier.
Brazil’s bar association and top investigative journalism group Abraji blasted far-right President Jair Bolsonaro on Monday for his latest Twitter attack on the press.
The United States and Brazil have negotiated an accord to safeguard U.S. space technology the South American nation hopes will be used in commercial rockets lifting off from its launch site near the equator, the Brazilian government said on Monday.
The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country’s grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday.
Intense floods in Latin America's business hub Sao Paulo, which turned roads into rivers and tossed cars atop buildings and into trees, have killed at least 11 people, with authorities bracing for more rain.
Brazil’s far-right president described the country’s armed forces, which led the country under a military dictatorship for over two decades, as the ultimate arbiters of democracy. Speaking at a naval event in Rio de Janeiro alongside some of the former generals who sit in his cabinet, Jair Bolsonaro praised Brazil’s military.
Latin American stocks hovered near 2019 lows on Wednesday led by steep losses in Argentina and Brazil which resumed trading after a two-day Carnival holiday, while currencies of oil exporters in the region fell as crude prices came under pressure. MSCI's index of Latin American stocks fell 1.3%, tracking losses across the region, barring Chile and Colombia which ended higher.