Brazil is emerging from a recession caused by the coronavirus, Economy Minister Paulo Guedes said hours after the publication of a closely-watched indicator showing activity surged in the third quarter.
Brazil's l state of Sao Paulo, the most populous and hardest hit by the novel coronavirus pandemic decided to extend lockdown until December 16, due to a rise in hospitalizations, according to a decree published on Tuesday in the Government Gazette.
By Matthew Smith for Oilprice.com – Sharply weaker oil prices, the COVID-19 pandemic, and heightened geopolitical uncertainty have done little to blunt Brazil’s epic offshore oil boom. By September 2020 Brazil had soared to be the third-largest supplier of crude oil to China, the world’s second-largest economy.
More than 54 million coronavirus cases have been confirmed around the world, the Johns Hopkins Coronavirus Resource Center reported on Sunday.
Economic activity in Brazil rose in September for the fifth month, a central bank survey showed on Friday, more than economists had expected, pointing to a solid recovery in the third quarter from the worst of the COVID-19 shock earlier in the year.
Data from SECEX (foreign trade secretariat) compiled by ABIARROZ (Brazilian rice industry association) shows that Brazilian rice exports (husk base) totalled 153,500 tons in October, a volume 84% higher than in the same month of 2019 (83,570 tons).
Brazilian President Jair Bolsonaro, a close ally of Republican President Donald Trump and one of the few prominent world leaders still not to have congratulated Democratic President-elect Joe Biden on his election win, asked on Thursday whether the vote in the U.S. was really over.
Brazil’s national health regulator allowed clinical trials of a Chinese-developed Covid-19 vaccine to resume on Wednesday, two days after suspending them in what critics called a decision tainted by politics.
Brazil’s rice production is expected to shrink and the challenge will be to limit exports in order to supply domestic demand and contain domestic prices.
The Falkland Islands Government continues to closely monitor the situation regarding the suspension of commercial air links with Chile and Brazil, in light of the ongoing pandemic.