Brazil

Thursday, September 23rd 2021 - 09:34 UTC
Argentina and Brazil to expand development of mRNA COVID-19 vaccines

While the World Health Organization (WHO) has suspended the approval process of the Russian-developed Sputnik V COVID-19 vaccine, the Pan American Health Organization (PAHO) has chosen Argentina and Brazil to further manufacture mRNA immunizers.
Thursday, September 23rd 2021 - 09:25 UTC
IMF's report on Brazil: performance better than expected; GDP projected to expand 5,3% this year

On September 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Brazil. Economic performance has been better than expected, in part due to the authorities’ forceful policy response. GDP regained its pre-pandemic level in 2021Q1 and momentum continues to be favourable, supported by booming terms of trade and robust private sector credit growth.
Thursday, September 23rd 2021 - 09:01 UTC
Brazil increases Selic interest rate to 6,25%, the highest in two years

As expected the Brazilian central bank on Wednesday increased a whole percentage point of its basic Selic interest rate to 6,25%, the fifth in a row and the highest in two years. The Monetary Policy Committee, Copon unanimously voted for the increase in an attempt to contain inflation.
Wednesday, September 22nd 2021 - 09:00 UTC
“Brazilian Army keeps out of politics, but beware of fake news on social media”

The Brazilian Army “continues strongly dedicated to comply with its constitutional missions”, said Commander General Paulo Sergio Nogueira in a message to the Force, and called on rank and file to be cautious about the information received in the social networks.
Wednesday, September 22nd 2021 - 08:10 UTC
Bolsonaro: “we fought the virus and unemployment simultaneously with the same responsibility”

President Jair Bolsonaro highlighted on Tuesday, in New York, Brazil's work on environmental preservation and the fight against climate change. He also emphasized that he always defended fighting the virus and unemployment simultaneously and with the same responsibility, and claimed lockdowns have “left a legacy of inflation, particularly in foodstuffs around the world.”
Tuesday, September 21st 2021 - 08:25 UTC
Bolsonaro banned from all NYC restaurants eats pizza in the streets ahead of UN's meeting

Brazil's President Jair Bolsonaro was pictured Sunday evening eating pizza in the streets of New York City after not being allowed into any local restaurant because he is not vaccinated against COVID-19.
Monday, September 20th 2021 - 09:10 UTC
Brazilian Justice calls on citizens to defend besieged democracy and freedom

The Brazilian president of the Electoral Superior Tribunal, (TSE), Luis Roberto Barroso said that populism, extremism and authoritarianism have democracy under attack in the world, and it is essential the participation of the whole population to preserve the essence of freedom.
Monday, September 20th 2021 - 08:55 UTC
Bradesco, one of Brazil's top leading banks is leaving Argentina

Bradesco, Brazil's second-largest private bank is ceasing operations in Argentina. Mainly a commercial bank that works with corporations and foreign trade, Bradesco joins a long list of companies that stopped making business in Argentina and have left or are leaving.
Saturday, September 18th 2021 - 09:05 UTC
Brazilian President and British PM to meet privately in NYC before UN speech

Brazil's President Jair Bolsonaro will meet British Prime Minister Boris Johnson, on Monday, in New York, before delivering the opening speech at the United Nations General Assembly, it was announced.
Saturday, September 18th 2021 - 08:58 UTC
Paraguay River reported to be close to historic downspout levels

Paraguayan authorities have reported the Paraguay River is merely 9 centimeters from its all-time low as it dropped yet another 3 centimeters Friday in Asunción.