The UK and Brazil made agreements on financial services, taxation, sustainable growth and Green Finance, helping to boost jobs and investments for UK companies. The fourth Economic and Financial Dialogue (EFD) between the UK and Brazil on 10 December 2020 saw the Chancellor, Rishi Sunak, and the Brazilian Economy Minister Paulo Guedes, meeting to build further economic ties between the two countries. They were joined by central bank Governors and heads of financial sector regulators.
Uruguay will hand to Argentina next 16 December the pro tempore chair of the South American trade bloc Mercosur. The ceremony as happened six months before with Paraguay will be virtual given the coronavirus pandemic, according to a release from the Uruguayan Executive Office.
The Brazilian government has the financial tools to support some of the country’s most vulnerable people next year without threatening the spending cap, its most important fiscal anchor, Economy Minister Paulo Guedes said on Friday.
China has temporarily suspended meat imports from two Brazilian companies, Brazil's agriculture ministry said late on Friday.
Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday.
President Jair Bolsonaro said on Thursday Brazil was at the “tail end” of the coronavirus pandemic, despite a surge in infections and deaths that many experts are calling a second wave.
Two beef producers from Brazil and one from Argentina have had their exports to China suspended for one week after packaging of their products tested positive for traces of COVID-19, customs said. China's General Administration of Customs (GAC) made the announcement.
Brazil's corn production forecast for 2020-21 has been cut to 102.6 million mt from 104.9 million mt projected in November, Brazil's national agricultural agency, Companhia Nacional de Abastecimento (Conab), said in its latest forecast.
A shark only just formally discovered might already be extinct - a fate no shark has yet suffered in the human era - while an Amazon river dolphin has become endangered, a Red List of species in trouble showed on Thursday.
Joseph Safra, one of the world’s richest bankers who built an empire spanning continents with over US$ 85 billion in banking assets, has died. He was 82. Safra died of natural causes on Wednesday in Sao Paulo, Banco Safra said in a statement.