Brazil

• Wednesday, July 20th 2022 - 10:55 UTC

  Despite Mercosur summit in Paraguay, Bolsonaro keeps cutting tariffs for critical inputs of industry and medicine

  

  Although Brazilian president Jair Bolsonaro is not attending the Mercosur summit in Paraguay, his administration continues with its policy of unilaterally reducing the common external tariff. In this case Brazil's Foreign Trade Chamber Executive Committee approved the reduction of import tariffs on thirteen items, including medicines, medical equipment, printing ink and polypropylene resin. Tariffs were cut to zero or reduced to 2%, from 2% and 6,5%.

• Wednesday, July 20th 2022 - 10:50 UTC

  Rio Grande port in south Brazil plans to increase export shipments from Uruguay and Paraguay

  

  The Port of Rio Grande in the Brazilian southernmost state of Rio Grande do sul, will have continuous dredging of its access channel. The decision follows strong long-standing demand from operators and the fact that the main maritime port terminal in the state of Rio Grande do Sul also has close links with the three other Mercosur member countries, Paraguay, Argentina and Uruguay.

• Wednesday, July 20th 2022 - 10:34 UTC

  Bolsonaro tells foreign diplomats about “unreliable” voting machine

  

  Brazilian President Jair Bolsonaro summoned some 40 foreign ambassadors to his Brasilia residence Monday. During the event, he gave yet another speech on the alleged cracks of the country's electronic voting system.

• Wednesday, July 20th 2022 - 10:03 UTC

  Brazil diversifying protein markets, Britain and Egypt with Halal cuts

  

  Brazil, one of the world's largest exporters of beef is diversifying markets since its sales are concentrated in China and Hong Kong, a situation very similar to that of neighboring Mercosur partners, Uruguay and Argentina.

• Tuesday, July 19th 2022 - 09:06 UTC

  Brazilian unicorns hit by mass layoffs as financing runs scarce

  

  Brazilian startup companies also known as “unicorns” are going through mass layoffs after their momentum seems to have calmed down and the consequences of COVID-19 lockdowns and their ensuing economic crises begin to take their toll, it was reported.

• Tuesday, July 19th 2022 - 09:00 UTC

  Telemarketing companies in Brazil banned for being too bold

  

  Brazil's Federal National Consumer Secretariat ( ) has suspended 180 companies for their molesting telemarketing practices harassing would-be consumers unrestrictedly, it was reported Monday.

• Monday, July 18th 2022 - 08:33 UTC

  Brazilian businessmen eye Paraguayan move to escape inflation

  

  Businessmen in inflation-torn Brazil are eyeing Paraguay's stabler economy as a suitable destination for future investments, it was reported Sunday in Asunción.

• Monday, July 18th 2022 - 08:09 UTC

  CFK pushes for universal income for Argentines

  

  Argentine Vice President Cristina Fernández de Kirchner (CFK) has been reportedly pressing Economy Minister Silvina Batakis to move forward with a proposal to create the so-called Basic Universal Wage (BUW), as a way out of the current scheme of handouts in the form of endless unemployment subsidies.

• Saturday, July 16th 2022 - 10:20 UTC

  Bolsonaro once again under scrutiny by the Judiciary

  

  Brazil's Supreme Federal Court (STF) Deputy Chief Justice Rosa Weber Friday acquiesced to a request from Recife Councilwoman Liana Cirne of the opposition Workers' Party (PT) to place President Jair Bolsonaro under investigation for the alleged crime of incitement to terrorism.

• Friday, July 15th 2022 - 22:08 UTC

  Brazilian Armed Forces proposal not politically biased, minister says

  

  Brazilian Defense Ministry, General Paulo Sérgio Nogueira de Oliveira, appeared before the Senate Thursday to explain why it was important to hold a separate vote counting in this year's presidential elections.