Brazil

• Monday, August 1st 2022 - 20:56 UTC

  Brazilian customers have bought over 100,000 electric vehicles

  

  The Brazilian market of battery-powered vehicles has crossed the psychologically relevant threshold of 100,000 units in circulation nationwide, as sales of this type of vehicle grew 47% yoy in the first semester of 2022, it was reported.

• Saturday, July 30th 2022 - 09:54 UTC

  Bolsonaro insists on privatization of the port of Santos by end of the year

  

  The Brazilian port of Santos the largest and busiest of South America, is in the short list of government assets to be privatized by the end of the year, according to a decree published in the Federal Gazette, and signed by president Jair Bolsonaro.

• Saturday, July 30th 2022 - 09:52 UTC

  Brazil's incipient fish farming industry doubles export revenue in first half 2022

  

  Brazil's incipient fish farmed exports in the second half to 2022, doubled in value and increased 14% in volume compared to Jan/July 2021. In effect sales reached US$ 14,3 million, from US$ 7,2 million y-to-y, with volume increasing to 4,931 tons from 4,327 tons.

• Friday, July 29th 2022 - 19:24 UTC

  Brazil reports first death of patient with monkeypox

  

  Brazilian health authorities Friday confirmed the first death linked to monkeypox in the country: a 41-year-old man, who was already under treatment for other diseases, including cancer, which caused the worsening of his health condition.

• Friday, July 29th 2022 - 19:15 UTC

  Boosted by Brazil and Mexico, Latin America's economy expected to expand 3% in 2022, IMF

  

  Given the improved performance of Latin America's largest economies, particularly Brazil, Mexico, Colombia and Chile, the IMF has raised the 2022 growth projection for the Latam and the Caribbean.

• Friday, July 29th 2022 - 19:02 UTC

  Brazilian steel exports to the EU soar 830% in five months because of the Ukraine war

  

  Brazilian steel industry sales have ballooned since the start of the war in Ukraine sparked by the Russian invasion of its territory, which began in February. According to Steel Institute data, shipments of the metal raw material to the European Union increased by more than 830% in the first five months of this year, y-to-y, coinciding with the period of warfare in Eastern Europe.

• Friday, July 29th 2022 - 09:43 UTC

  Brazil passes law for speedier installation of 5G antennas

  

  Brazilian President Jair Bolsonaro Thursday signed into law the new provisions for the installation of 5G antennas nationwide, it was announced. The head of state passed the bill in full, meaning he chose not to exercise his veto rights on any part of the document.

• Thursday, July 28th 2022 - 22:03 UTC

  Bolsonaro lashes back at DiCaprio over social media postings

  

  Brazilian President Jair Bolsonaro once again aimed his cannons at US actor Leonardo DiCaprio for his denunciations of the devastation of the Amazon.

• Thursday, July 28th 2022 - 09:27 UTC

  US Defense Secretary wants Brazilian military to respect democracy

  

  US Defense Secretary Lloyd Austin Tuesday underlined during his trip to Brasilia that the Armed Forces should respect democracy and remain under “firm” civilian control. His remarks came two days after incumbent President Jair Bolsonaro claimed upon launching his re-election bid that “the Army is on our side.”

• Thursday, July 28th 2022 - 09:23 UTC

  Brazilian oil sales to China and India drop significantly as Russia moves in

  

  Brazil oil sales to India and China in the first half of 2022 have fallen considerably, amid the Ukraine war and a significant increase in crude exports from Russia to the two Asian countries.
  According to data from Brazil’s Foreign Trade Secretariat (Secex), in the first half of the year, Brazil exported 36% less oil to China than in the same period last year. Likewise exports to India fell 53.8%.