Brazil

Wednesday, May 11th 2022 - 09:44 UTC
Argentina takes active steps to boost exports to Brazil

Argentina's Ambassador to Brazil Daniel Scioli has embarked on a trade mission seeking to expand the number of products to be exported to that country. For that purpose, over 600 business meetings are to take place, according to Buenos Aires' daily Ámbito.
Tuesday, May 10th 2022 - 10:30 UTC
Brazil's Economy Minister in favor of taxing the wealthiest

Brazil's Economy Minister Paulo Guedes Monday expressed his approval to apply an income tax on the extra wealthy citizens in exchange for easing down on collections levied on enterprises, it was reported.
Tuesday, May 10th 2022 - 09:50 UTC
April/May have become crucial months for Brazil's second corn crop

Brazil had anticipated a bumper corn crop this year after drought ravaged the country’s soybeans just months ago and its corn a year ago, but dry weather again threatens to curb the potential of its second crop.
Monday, May 9th 2022 - 19:35 UTC
Brazil's Defense Minister asks TSE to disclose objections to voting system

Brazil's Defense Minister, General Paulo Sergio Nogueira de Oliveira, has asked the Superior Electoral Court (TSE) to make public the questions raised by the Armed Forces regarding the trustworthiness of the Oct. 2 elections.
Saturday, May 7th 2022 - 10:44 UTC
Booming beef industry and exports for Brazilian company

One of the largest beef companies in the world with operations in several continents presented its financial results for the first quarter of 2022. Brazil's Marfrig net revenue was 22.3 billion reais, up 29.6% year-on-year. Adjusted Ebitda reached 2.7 billion reais in 1Q22, up 60.9%, and the adjusted Ebitda margin was 12.3%.
Saturday, May 7th 2022 - 10:27 UTC
Bolsonaro makes trip to Guyana to expand business opportunities

Brazilian President Jair Bolsonaro and his Guyana counterpart Mohamed Irfaan Ali signed a series of cooperation agreements on mutual legal assistance in civil and criminal matters in Georgetown.
Friday, May 6th 2022 - 13:54 UTC
Hamilton Mourão, vice-president of Brazil, arrived in Montevideo to meet with Uruguayan authorities

The vice-president of Brazil, Hamilton Mourão, arrived on Thursday in Uruguay, where he will remain until Saturday on an official visit.
Friday, May 6th 2022 - 11:56 UTC
Bolsonaro to hire company to monitor elections

Brazil's President Jair Bolsonaro Thursday insisted on the questionable reliability of the country's electronic voting system and announced that his Liberal Party would retain the services of a company to monitor the October elections, as allowed “in the electoral legislation.”
Friday, May 6th 2022 - 09:18 UTC
Brazil hikes interest rate to its highest in five years, 12,75%, to fight double digit inflation

As anticipated Brazil's central bank, in a unanimous decision, raised interest rates by 1% to 12,75%, the highest in five years, to contain double digit inflation. However policymakers suggested their tenth straight rate increase would not be the last in what has been one of the world’s most aggressive ongoing rate hike cycles.
Wednesday, May 4th 2022 - 22:11 UTC
Brazil's Police not happy with President's undelivered promises - strikes coming up

Brazil's Federal Police will stage “partial and progressive” strikes in light of President Jair Bolsonaro's unfulfilled promises regarding salaries and promotion schemes, the National Association of Federal Police Commissioners (ADPF, for its acronym in Portuguese) said in a statement.