Brazil

Friday, June 7th 2019 - 09:59 UTC
Bolsonaro and Macri announce the EU/Mercosur trade deal is “imminent”

The presidents of Argentina and Brazil said on Thursday that an agreement is imminent on a free trade agreement between the European Union and Mercosur. Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.
Friday, June 7th 2019 - 09:41 UTC
Macri and Bolsonaro pledge to make everything possible to restore democracy in Venezuela

The conservative presidents of Brazil and Argentina reiterated their rejection of Venezuela's socialist government Thursday as the far-right Brazilian politician Jair Bolsonaro made a state visit to Buenos Aires.
Friday, June 7th 2019 - 09:36 UTC
Bolsonaro administration launches operation to tackle illegal logging in the Amazon

Brazil’s environmental protection agency IBAMA has launched its biggest-ever operation to tackle illegal logging that is accelerating Amazon deforestation amid a surge in tree-felling since President Jair Bolsonaro took office.
Thursday, June 6th 2019 - 09:58 UTC
Mercosur's Common External Tax in the agenda Bolsonaro will discuss with Macri in Buenos Aires

Brazil and Argentina have started discussing a reduction in the common external tariff (TEC) of the Mercosur trade block, sources in both governments revealed on Wednesday, as their market-friendly presidents look to boost economic growth.
Thursday, June 6th 2019 - 09:56 UTC
Banks making too much money, “more competition is needed” blasts Brazilian economy minister

Brazilian banks are chalking up “excessive” profits, Economy Minister Paulo Guedes said, adding that the country needs an injection of competition to end what he called the cartels that dominate many of its major sectors.
Wednesday, June 5th 2019 - 09:50 UTC
Brazil reluctantly recognized Venezuela opposition envoy as ambassador

Brazil's right-wing President Jair Bolsonaro received the diplomatic credentials of Venezuelan opposition leader Juan Guaido's envoy to Brazil, formally recognizing her as the ambassador of the neighboring country.
Wednesday, June 5th 2019 - 09:50 UTC
Brazil: Amazon rainforest deforestation advancing at its fastest rate during May

Deforestation of the Amazon rainforest in Brazil sped up in May to the fastest rate in a decade, according to data from an early-warning satellite system, as experts pointed to activity by illegal loggers encouraged by the easing of environmental protections under President Jair Bolsonaro.
Tuesday, June 4th 2019 - 09:40 UTC
Brazil halts exports of beef: case of “atypical” mad cow disease

Brazil has temporarily halted beef exports to China following an atypical case of mad cow disease in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil's largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totalling 322,400 tons or almost 20% of all shipments, according to local beef exporters association Abiec.
Monday, June 3rd 2019 - 09:54 UTC
Petrobras and Falklands lead in FPSO deployments in South America

Globally, 67 planned and announced FPSOs (Floating, Production Storage and Offloading) are expected to start operations between 2019 and 2025. Among regions globally, South America continues to lead with 27 planned and announced FPSO additions by 2025, followed by Africa and Europe. Brazil and the Falkland Islands are the key countries in the region for FPSO deployments. Among operators, Petrobras leads South America in terms of FPSO deployments.
Friday, May 31st 2019 - 22:18 UTC
Thousands of students and teachers took to the streets of Brazil to protest bugget cuts

Thousands of protesters took to the streets in dozens of cities in Brazil on Thursday for a second nationwide demonstration in as many weeks over the government's plan to slash education spending.