Brazilian President Jair Bolsonaro Monday announced that the total investments of Arab funds in Brazil are approaching US$20 billion, half of that money stemming from the country's recent participation at the Expo Dubai event.
The privatization of South America's largest port terminal complex, Santos in Brazil is advancing although slowly, but progressing. Infrastructure minister Marcelo Sampaio said that the required studies and legal papers for the privatization should be arriving at the Federal Court of Accounts no later than July 30th.
The Brazilian federal government launched last week the 2022/2023 agribusiness financing plan (Plano Safra), which will provide a total of Reais 340.8 billion (some US$ 65 billion) in credit to support the agri-business industry during the next twelve months.
The Brazilian state-run news service Agencia Brasil Sunday confirmed 76 cases of monkeypox nationwide, while CNN spoke of 78 detections as the malady begins to spread throughout the country.
Former two-time Brazilian President Luiz Inácio Lula da Silva said the incumbent Jair Bolsonaro was “buying the people” with cash handouts which were approved barely three months ahead of the Oct. 2 elections and also with a proposed amendment to the Constitution to extend social welfare programs.
Brazil's Superior Electoral Court (TSE) Friday reached an agreement with the Montevideo-based Parliament of Mercosur (Parlasur) to act as an external observer of the Oct. 2 presidential elections.
Effective Friday, Brazil has taken over the rotating presidency of the United Nations Security Council (UNSC) for the whole month of July.
Brazil's Lower House will be considering a major pre-election package sponsored by the administration of President Jair Bolsonaro which on Thursday was approved in the Senate with an overwhelming majority.
Brazilian President Jair Bolsonaro has expressed his agreement with the stance on abortion adopted by the Supreme Court of the United States and insisted he preferred other treatments against COVID-19 over-vaccination.
Brazil and Argentina have agreed to mutually recognize vehicle safety standards, for which both countries will sign an agreement in July, it was announced Thursday in Brasilia by the ministries of Economy, Infrastructure, and Foreign Affairs.