Brazil

Wednesday, March 30th 2022 - 21:26 UTC
Dilma says Latin America needs to take path of reindustrialization

The Puebla Group has launched an appeal for the reindustrialization of Latin America to counter the region's dependence on global inputs and imports.
Wednesday, March 30th 2022 - 09:55 UTC
Brazilian soybean crop down 10m tons from last year's record but processing plants anticipate a good year

Despite a reduction of 10.5 million tons from the original estimate, leaving total production well off the record of 138.8 million tons from 2021, the Brazilian Association of Vegetable Oil Industry did not change its processing forecast for this year, which is projected at 48 million tons with healthy margins in the manufacture of bran and oil.
Wednesday, March 30th 2022 - 09:53 UTC
Gas: Bolivia advised to renegotiate with Brazil and sell more to Argentina

While the Bolivian state-run YPFB is yet to report on any progress regarding payment conditions with Brazil for gas sales or the signing of the sixth addendum to the export contract with Argentina, hydrocarbon analysts have insisted on the need to roundup these negotiations given the current situation stemming from Russia's invasion of Ukraine.
Wednesday, March 30th 2022 - 09:50 UTC
Fertilizers from Iran and expanding the wheat area, priorities of Brazil's agricultural year

Brazilian fertilizer stocks amount to at least 13 million tons, including the inputs that have been already internalized and the ones that have been ordered. The statement comes from David Roquetti Filho, a former board member of ANDA, Brazil's National Association for Fertilizer Diffusion, and currently an independent business consultant.
Tuesday, March 29th 2022 - 22:06 UTC
Brazilian Labor Ministry announces employment on the rise in February

Brazilian authorities Tuesday announced a surplus of 328,507 formal jobs during February of 2022, which was the second-best result for the month since 2010, according to the General Cadastre for Employed and Unemployed (Caged) released by the Ministry of Labor and Social Security.
Tuesday, March 29th 2022 - 09:39 UTC
Bolsonaro sacks Petrobras chief, pending approval

The Brazilian Government Monday decided to sack Retired General Joaquim Silva e Luna as Petrobras CEO and appoint Economist Adriano Pires instead, after the price of fuel kept soaring, thus affecting President Jair Bolsonaro's chances of reelection.
Tuesday, March 29th 2022 - 09:29 UTC
Bolsonaro hospitalized yet again for abdominal discomfort

Brazil's President Jair Bolsonaro was rushed to the Armed Forces Hospital (HFA) in Brasilia Monday evening and was ordered to spend the night there pending tests, it was announced.
Monday, March 28th 2022 - 09:20 UTC
Yet another group of Ukrainian refugees makes it to Brazil

A group of 47 Ukrainian refugees has arrived in Brazil Saturday after being assisted by the South American country's Embassy in Warsaw with travel documents and notes to Polish authorities, the Ministry of Foreign Affairs (MRE) announced.
Wednesday, March 23rd 2022 - 09:22 UTC
Forum of Brazilian Governors agrees on tax freezing to curb inflation

A forum of Brazilian Governors Tuesday agreed to extend for another 90 days the freeze on the average Tax on Merchandise Circulation (ICMS) that is levied on gasoline, ethanol and cooking gas to help mitigate inflation's impact on the citizenry's purchasing power, it was announced.
Wednesday, March 23rd 2022 - 09:15 UTC
Brazilian two-month record breaking sales of soybeans and rice

Brazilian oilseeds and grain exports are booming. China's purchases of soybeans more than doubled in the first two months of the year, while husk rice overseas sales during February jumped 65% compared to a year ago.