Brazil

• Friday, November 4th 2016 - 09:42 UTC

  Rousseff in Uruguay declared “Illustrious visitor” of Montevideo and will speak at a political rally

  

  Brazilian ex president Dilma Rousseff is in Uruguay, her first overseas visit since Congress voted her impeachment and removal from office. The leader is scheduled to participate on Friday in a march in downtown Montevideo with Uruguayan unions protesting salary conditions and will also be received at a special ceremony in the town hall where she will be given the keys of the city by mayor Daniel Martinez.

• Thursday, November 3rd 2016 - 09:53 UTC

  Temer austerity program inspired in Thatcher´s program to contain expenditure

  

  Brazilian president Michel Temer said that the economic adjustment implemented by Brazil is inspired in the program of former prime minister Margaret Thatcher, who led the UK from 1979 to 1990. “As Thatcher use to say and we are following in Brazil, containing government expenditure is necessary because we are only going to spend collected revenue”.

• Thursday, November 3rd 2016 - 09:35 UTC

  Brazilian police killed an average of nine people per day during 2015

  

  An average of nine people were killed per day at the hands of Brazil's notoriously violent police force in 2015, an increase from last year despite a nationwide drop in murder rates. In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146. The statistics come from the 10th Public Security Yearbook published by the Brazilian Forum on Public Security.

• Wednesday, November 2nd 2016 - 07:36 UTC

  Brazilian amnesty program for overseas funds collects US$ 15.8bn

  

  The Brazilian government collected 50.9 billion Reais, equivalent to US$15.8 billion in taxes and fines under an amnesty program offered to individuals and corporations with undeclared but legitimate funds parked overseas, the Finance Ministry said on Tuesday.

• Tuesday, November 1st 2016 - 16:25 UTC

  Brazilian chancellor name, Serra emerges in Petrobras investigation, dating back to 2010 campaign

  

  Brazil's current foreign minister Jose Serra name has emerged in the Petrobras investigation of companies, politicians and company's unfaithful officials. The construction group Odebrecht provided two names to the Lava Jato (Car Wash) investigation as being those who carried out operations that transferred R$ 23 million (US$ 7.3 million) from the construction company to the 2010 presidential campaign of Jose Serra, in off-the-books transactions.

• Tuesday, November 1st 2016 - 12:40 UTC

  EMBRAER agrees to pay US$ 205m to settle corruption charges

  

  Brazil's aircraft manufacturer Embraer has agreed to pay some US$205 million to settle corruption charges involving sales of military and civil airplanes to four customers. records to conceal illicit payments.

• Tuesday, November 1st 2016 - 07:57 UTC

  Meirelles insists in overhaul of social security rules to restore public finance order in Brazil

  

  Brazil must push ahead with reforms, including a proposed cap on government spending and an overhaul of social security rules, to restore long-term order to public finances in Latin America's biggest economy, according to the country's finance minister.

• Tuesday, November 1st 2016 - 04:59 UTC

  Squall hits Piriapolis - all of Uruguay under metheorological orange alert

  

  From 6 am till Tuesday midnight, according to Inumet. Montevideo, Colonia and other key cities are code yellow. Some experts also speak of tornadoes.The Mayor of Maldonado, Enrique Antia, moved to Piriápolis to see first hand the consequences left by the squall that reached 180 kilometers per hour on Monday, and affected several parts of the city.

• Tuesday, November 1st 2016 - 02:16 UTC

  Brazil municipal elections runoff ratify “non political” candidates

  

  Marcelo Crivella on Sunday won the mayor's race in Rio de Janeiro, beating leftist Marcelo Freixo by a wide margin. Crivella, with the Brazilian Republican party, garnered 59.35% of the votes to 40.65% for Freixo, who is with the Socialism and Freedom Party.

• Thursday, October 27th 2016 - 03:29 UTC

  Lowering interest rates in Brazil will be “moderate and gradual”, says Central bank

  

  Inflation forecasts for the next couple of years point to limited room for monetary easing in Brazil, the central bank said on Tuesday, suggesting it is unlikely to accelerate the pace of interest rate cuts in its November policy meeting. In the minutes of its Oct. 19 meeting, in which it cut its benchmark Selic rate by 25 basis points to 14%, the bank also said it was worried about a recent pause in the slowdown of services price rises.