Brazil

Friday, November 10th 2017 - 01:37 UTC
American Airlines purchases ten more E 175 from Embraer Brazil

Brazil's Embraer and American Airlines Inc. signed a firm order for ten E175 jets. American Airlines is exercising its purchase rights from its original contract with Embraer signed in 2013. This new order is in addition to the one placed in April for four aircraft; is valued at US$ 457 million, based on current list prices, and will be included in Embraer’s fourth-quarter backlog. Deliveries begin in 2018 and continue through mid-2019.
Friday, November 10th 2017 - 00:50 UTC
No end to violent deaths in Brazil: seven people killed every sixty minutes in 2016

The number of violent deaths registered during 2016 in Brazil reached 61,600, a 4.7% increase compared to the previous year. This works out to seven people murdered per hour, on average, throughout the country, according to data from the Brazilian Forum on Public Safety released this week.
Friday, November 10th 2017 - 00:48 UTC
Brazil looking to implement rules to reduce fake news ahead of next year's election

As other countries and companies such as Facebook try to deal with fake news and online manipulation issues, Brazil is looking to implement rules to reduce the deluge of false stories that could mislead voters. The country's Superior Electoral Court (TSE) is looking at ways to monitor fake news in next year's presidential elections as well as holding politicians accountable for fraudulent digital campaigns.
Thursday, November 9th 2017 - 22:04 UTC
Brazil central bank urges congress to approve the pension system reform

Brazil’s congress needs to reform the country’s pension system while global markets are favorable or risks facing more volatility, central bank chief Ilan Goldfajn said during an event in Uruguay.
Wednesday, November 8th 2017 - 18:11 UTC
Petrobras looking to sell its African oil exploration venture

Brazil’s Petrobras on Tuesday revealed plans to sell its stake in an African oil exploration venture as part of a wider divestment plan. The state managed oil company is looking to sell its 50% stake in Petrobras Oil & Gas BV, or Petrobras Africa.
Wednesday, November 8th 2017 - 10:14 UTC
Temer insists social security reform bill will pass, despite all the opposition

Brazilian president Michel Temer admitted that the social security reform bill may not be put to a vote, but underlined that even if that is the case, the federal government will not be shut down.
Wednesday, November 8th 2017 - 09:59 UTC
An estimated third of the Brazilian population live below the poverty line

A new system implemented by the World Bank to measure the number of people who live below the poverty line has meant that in Brazil the number has risen from 8.9 million to 45.5 million, which is almost a third of the population.
Monday, November 6th 2017 - 08:37 UTC
Brazilian industrial activity reports its best September since 2013

After two years of the most severe recession facing Brazil, economic indicators continue to mark a more positive horizon for the Brazilian economy. Data released by the Brazilian Institute of Geography and Statistics (IBGE) show that the Brazilian industry is heading for a recovery scenario.
Saturday, November 4th 2017 - 10:40 UTC
Brazil becoming main supplier of soybean to China at peak US marketing season

Brazil is expected to win a larger share of China’s soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop.
Friday, November 3rd 2017 - 07:08 UTC
Brazilian electorate divided on Lula: half want him as president and the other half in jail

Half of Brazilians want former President Lula da Silva to win next year's election and return to the office he occupied between 2003 and 2010. The other half wants him in prison for a corruption conviction.