Brazil

• Friday, March 22nd 2019 - 08:29 UTC

  What new WTO and OECD status would mean for Brazil

  

  Brazil’s agreement with the United States to forgo special treatment by the World Trade Organization (WTO) would apply only to future negotiations within the multilateral trade body, Director General Roberto Azevedo said on Wednesday.

• Thursday, March 21st 2019 - 14:41 UTC

  Brazil: Former President Michel Temer is arrested

  

  Former Brazilian President Michel Temer was arrested on Thursday on corruption charges, a dramatic development in a sprawling corruption probe that has roiled Brazil has showed no sign of slowing.

• Thursday, March 21st 2019 - 09:55 UTC

  Mexico and Brazil agree on a free trade for light vehicles

  

  Mexico’s government said it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40% regional content requirement, paving the way for more open commerce between Latin America’s two biggest economies.

• Thursday, March 21st 2019 - 09:52 UTC

  GM announces US$ 2.5bn investment in Brazilian car industry

  

  General Motors Co said it would invest US$ 2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker’s operations, a decision hailed by the governor of Brazil’s largest state.

• Thursday, March 21st 2019 - 06:41 UTC

  Bolsonaro's aura and approval ratings rapidly fading

  

  Brazilian President Jair Bolsonaro's approval rating plunged in March, a poll showed Wednesday, after a series of political scandals tarnished his anti-corruption image.

• Thursday, March 21st 2019 - 06:30 UTC

  Mercosur farmers protest Bolsonaro's decision to allow US wheat imports free of tariffs

  

  Farmers in Brazil and Argentina are concerned about Brazilian President Jair Bolsonaro's agreement to import 750,000 tons of wheat from the United States and other countries outside the Mercosur trade bloc without the 10% tariff that is usually required for such purchases.

• Wednesday, March 20th 2019 - 10:30 UTC

  Trump and the “Trump of the tropics” exchange conservative praise

  

  United States president Donald Trump and Brazil’s new leader Jair Bolsonaro forged a bond over their shared brand of conservative and populist politics on Tuesday, with Trump pledging to give more U.S. support to Brazil’s global ambitions.

• Wednesday, March 20th 2019 - 09:29 UTC

  US and Brazil agree to lower barriers to agricultural trade, mainly wheat and beef

  

  The United States and Brazil have agreed to steps aimed at lowering barriers to agricultural trade, focusing on wheat, pork and beef, the presidents of the two nations said in a joint statement on Tuesday.

• Wednesday, March 20th 2019 - 09:14 UTC

  Brazil: convoy with nuclear fuel came under fire; police escort repel attack

  

  Armed men shot at members of a convoy transporting uranium to one of Brazil’s two working nuclear power plants on a coastal road in Rio de Janeiro state on Tuesday, police and the company managing the plant said.

• Tuesday, March 19th 2019 - 08:43 UTC

  Brazilian stocks topped 100.000 points for the first time on the Bolsonaro syndrome

  

  Brazilian stocks topped 100,000 points for the first time Monday, on hopes for progress in President Jair Bolsonaro's promised pro-market reforms. The Ibovespa, the country's main index in Sao Paulo, hit an intra-day record of 100,037.69 before closing at its highest level ever of 99,993.93, up 0.86% from the previous trading session.