Brazil

• Tuesday, August 21st 2018 - 08:25 UTC

  Latam announces 2Q results; currencies' turbulence has hit shares, down 25%

  

  With this year's sell-off in emerging markets assets hasn't just dented investor returns and confidence, but also weighed heavily on global companies with exposure to developing economy currencies. One that is LATAM Airlines, by far South America's biggest carrier and among the world's largest by network connections.

• Tuesday, August 21st 2018 - 08:10 UTC

  Brazilian election increasingly polarized: Lula's support increases and so does far right Bolsonaro

  

  Jailed former president Lula da Silva has increased his support by five percentage points and would win Brazil's October presidential election if he was allowed to run, a poll by CNT/MDA showed on Monday. The survey, which was last taken in May, found that almost half of the leftist leader's supporters would transfer their votes to his running mate Fernando Haddad if Lula is disqualified from Brazil's most uncertain race in decades.

• Tuesday, August 21st 2018 - 08:05 UTC

  Venezuelan refugees restarted pouring into northern Brazil

  

  Brazil's government has not ruled out closing its border with Venezuela at Pacaraima, in Roraima state, but sees obstacles to doing so because of international treaties it has signed, Political Affairs Minister Carlos Marun said on Monday.

• Monday, August 20th 2018 - 07:08 UTC

  Brazil sending troops to Venezuela border following clashes between locals and refugees

  

  Brazil is sending additional troops to its northern frontier after residents of one of its border towns attacked Venezuelan immigrants, forcing hundreds of them to flee back into their country. Brazil's Ministry of Public Security said over the weekend it would send an additional 60 soldiers to Roraima on Monday, reinforcing a contingent already operating in the northern state.

• Saturday, August 18th 2018 - 07:38 UTC

  UN Human Rights Committee asks Lula be allowed to exercise political rights

  

  The United Nations Human Rights Committee, a panel of independent experts, on Friday said it had requested that the Brazilian government allow imprisoned former president Lula da Silva to exercise his political rights as a presidential candidate.

• Saturday, August 18th 2018 - 06:50 UTC

  Brazil's premium on ethanol will have India become the world's largest sugar producer

  

  Brazil will likely step down to become the world's second-largest sugar producer on low global sugar prices and higher profitability and strong demand for ethanol, according to a report by Brazilian consulting company JOB Economia e Planejamento.

• Friday, August 17th 2018 - 10:10 UTC

  Eliminating glyphosate would be a “disaster” for Brazilian agriculture

  

  A potential ban on the popular herbicide glyphosate in Brazil over concerns it may cause cancer in humans would be a “disaster” for the country’s agricultural industry, Agriculture Minister Blairo Maggi said on Thursday.

• Friday, August 17th 2018 - 09:25 UTC

  Tribal chief of the “Guardians of the Amazon” murdered by illegal loggers in Brazil

  

  An indigenous leader has been found murdered in Brazil, exposing the growing threat to tribes fighting illegal logging in the Amazon, campaigners and authorities said. Jorginho Guajajara was found dead in the northern state of Maranhao with his neck broken, rights group Survival International said. Police in Maranhao confirmed on Thursday they were investigating the case.

• Friday, August 17th 2018 - 08:43 UTC

  Lula's ban to run for president expected to be confirmed before August 31

  

  Brazil’s top electoral court must decide whether the country’s most popular politician can run in upcoming elections despite being jailed for corruption. The court is expected to declare former president Luiz Inacio Lula da Silva ineligible in the coming weeks, ahead of the Oct. 7 vote, but that may not stop his Workers Party (PT) winning anyway.

• Friday, August 17th 2018 - 08:39 UTC

  Temer endorsing two candidates for October's presidential election

  

  Brazilian President Michel Temer is endorsing another party’s candidate as well as his own in October’s presidential election. On the day the campaign took off, Temer said in an interview published on Thursday by the Folha de S.Paulo newspaper that he sees former Sao Paulo Gov. Geraldo Alckmin of the Brazilian Social Democracy Party as a candidate who would carry on with his work.