Brazil

• Monday, October 18th 2021 - 08:08 UTC

  China confirms its position as the main trade partner of Brazil

  

  Trade between Brazil and China surpassed the 2020 record during the first nine months of this year, with overall exchange reaching US$ 100bn. Total 2021 bilateral trade is expected to reach US$ 108bn.

• Friday, October 15th 2021 - 01:27 UTC

  Bolsonaro now wants Petrobras privatized

  

  Brazil's President Jair Bolsonaro Thursday hinted he might put the national oil company Petrobras up for sale after being criticized for an increase in the price of fuel. During the 2018 presidential campaign, the retired Army Captain said he would only privatize it “if there was no other solution.”

• Thursday, October 14th 2021 - 08:59 UTC

  Central Bank of Brazil takes action to reverse real shrinking

  

  Brazil's Central Bank Wednesday took an active role in the currency exchange market and sold US $ 1 billion to avoid a devaluation of the real, which has already lost a third of its value against the US dollar in 2021 alone

• Wednesday, October 13th 2021 - 15:16 UTC

  Double digit inflation in Brazil spiked by increasing fuel and food costs

  

  Brazilian market analysts raised their forecasts for inflation and the Selic key interest rate for 2022 as increasing fuel and food costs plus resurgent demand for services are spiking prices as the pandemic seems to be coming to an end.

• Wednesday, October 13th 2021 - 09:40 UTC

  Charges filed against Brazil's President before ICC: “The Planet vs. Bolsonaro”

  

  Charges against Brazil's President Jair Bolsonaro have been filed before the Hague-based International Criminal Court (ICC) for deforestation of the Amazon, it was announced Tuesday.

• Wednesday, October 13th 2021 - 09:05 UTC

  Guedes dismisses IMF estimates for Brazil's growth this year and 2022

  

  Brazil's orthodox Economy minister Paulo Guedes anticipated that the multilateral institutions such as the IMF, once again are going to err their forecasts on the Brazilian economy growth. The comment follows on the IMF release stating that the Brazilian economy is estimated to grow 5,2% this year and 1,5% in 2022, below the government's forecasts.

• Tuesday, October 12th 2021 - 08:40 UTC

  Bolsonaro claims he's not a denialist of COVID-19

  

  Brazil's President Jair Bolsonaro Monday objected to being labelled a “denier” as a consequence of his approach at the COVID-19 pandemic, which has officially killed over 600,000 people in South America's largest country.

• Monday, October 11th 2021 - 09:55 UTC

  Bolsonaro banned from Brazilian football stadium for not being vaxxed

  

  Brazilian President Jair Bolsonaro was not allowed to enter a football stadium to watch Gremio's match against Santos because he was not vaccinated against COVID-19.

• Monday, October 11th 2021 - 09:52 UTC

  Argentine FM hold a successful meeting with Brazil's Economy Minister as part of his mission rebuilding Mercosur ties

  

  Argentine Foreign Minister Santiago Cafiero, Ambassador Daniel Scioli and Productive Development Minister Matías Kulfas Saturday met in Brasilia with Brazilian Economy Minister Paulo Guedes to deepen the new economic ties between the two countries

• Monday, October 11th 2021 - 03:19 UTC

  Brazil's oldest person dies aged 116

  

  The 116-year-old Francisca Celsa dos Santos considered the oldest person in Brazil, has died on Tuesday at her home in Fortaleza in the state of Ceará, it was reported Sunday.