Brazil

• Saturday, December 22nd 2018 - 03:43 UTC

  Brazilian judge halts Embraer-Boeing alliance yet again

  

  A Brazilian judge Thursday blocked yet again the merger of the commercial division of Embraer with Boeing, despite a joint announcement to the contrary a few days ago.

• Friday, December 21st 2018 - 12:01 UTC

  Brazil’s development bank “must return” to the Treasury some US$ 25bn

  

  Brazil’s future economy minister wants state development bank BNDES to return 100 billion Reais, some US$25.7 billion, to the nation’s treasury in 2019, a newspaper reported, as the incoming government seeks to cut the nation’s hefty debt load.

• Friday, December 21st 2018 - 11:58 UTC

  Prosecutors waiting for Temer when he steps down accused of “institutionalized corruption”

  

  Brazil's attorney general has accused President Michele Temer of sitting at the center of “an institutionalized system of corruption” and has asked the courts to charge him with crimes as soon as he leaves office at the year's end.

• Thursday, December 20th 2018 - 09:32 UTC

  Ex minister of Rousseff accused of receiving millions in bribes from JBS food company

  

  Brazilian Federal Police raided the home of Science and Technology Minister Gilberto Kassab on Wednesday following accusations that he received millions in bribes from the JBS food company between 2010 and 2016.

• Thursday, December 20th 2018 - 06:56 UTC

  Lula has to remain in jail while Justices decide on procedural controversy

  

  Brazil's former president Lula da Silva remained in prison on Wednesday as two Supreme Court judges issued competing orders over whether he should be released while he tries to get his graft conviction overturned.

• Wednesday, December 19th 2018 - 09:12 UTC

  Latin American markets and currencies cautious ahead of Fed's two-day meeting

  

  Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.

• Tuesday, December 18th 2018 - 19:43 UTC

  Mercosur leaders agreed on need for reforms in the midst of Bolsonaro's threat to leave

  

  The presidents of all Mercosur member and associate countries gathered Tuesday in Montevideo for a summit to redefine the bloc's future, in light of recent statements from Brazil's future government that the region will not be among the priorities of Jair Bolsonaro when he becomes president on January 1.

• Tuesday, December 18th 2018 - 09:25 UTC

  Bolsonaro disinvites Venezuelan and Cuban presidents to his swearing in

  

  The Brazilian Foreign Ministry on Monday confirmed that it had called off invitations sent to Cuban president Miguel Diaz-Canel and his Venezuelan counterpart, Nicolas Maduro, for the inauguration of President-elect Jair Bolsonaro, local media reported.

• Tuesday, December 18th 2018 - 09:00 UTC

  Brazil's GDP expected to rise 2% in 2019, says farmers' lobby CNA

  

  Brazil's agriculture gross domestic product is expected to rise 2% year-on-year in 2019, compared to a forecasted drop of 1.6% this year, farmer’s union CNA said. CNA laid out an optimistic view for 2019 with positive outlooks for Brazil’s economy and agriculture policy.

• Tuesday, December 18th 2018 - 08:56 UTC

  Antibiotic-resistant bacteria in Brazilian pork products, says WAP report

  

  Pork products sold at retailers in Brazil contain antibiotic-resistant bacteria, according to a study funded by animal rights group World Animal Protection (WAP), providing potential evidence of overuse of the medicines in food livestock.