Brazil

Thursday, October 1st 2020 - 09:25 UTC
Bolsonaro blasts Biden for “disastrous and unnecessary” comments on the Amazon rainforest

Brazilian President Jair Bolsonaro lashed out Wednesday at Joe Biden for the US Democratic presidential candidate's “disastrous and unnecessary” comments on the destruction of the Amazon rainforest in his first debate with Donald Trump.
Thursday, October 1st 2020 - 09:01 UTC
Bolsonaro government announces new minimum income program, to replace Lula's Bolsa Familia

Brazil's government detailed how it would pay for a new minimum income program called Renda Cidada, with President Jair Bolsonaro and Economy Minister Paulo Guedes still pledging to honor the country's spending cap and fiscal rules.
Thursday, October 1st 2020 - 09:01 UTC
Brazil's IPOs on the rocks: concern with fiscal discipline, US election and second Covid-19 wave

What was shaping up as Brazil’s best year for initial public offerings in more than a decade is now on the rocks, as many companies shelve their plans amid concerns on the country’s fiscal discipline and a surfeit of new equity supply.
Wednesday, September 30th 2020 - 09:46 UTC
Brazil post a primary budget deficit of US$ 17bn in August; 9% of GDP in eight months

Brazil's government posted a primary budget deficit of 96.1 billion reais (US$ 17 billion) in August, the Treasury said on Monday, as the coronavirus crisis continued to necessitate huge emergency spending.
Wednesday, September 30th 2020 - 09:40 UTC
Bolsonaro hits back at accusations his government is breaking the spending cap with accounting gimmicks

Brazil’s President Jair Bolsonaro hit back on Tuesday at accusations his government is using accounting gimmicks to fund a new minimum income program without breaking its spending cap, its most important fiscal rule.
Wednesday, September 30th 2020 - 09:12 UTC
Brazilian court blocks Bolsonaro attempt to repeal regulations protecting mangroves and coastal ecosystems

Brazilian court blocked President Jair Bolsonaro's government on Tuesday from repealing regulations protecting mangroves and other fragile coastal ecosystems, after an outcry from environmentalists.
Tuesday, September 29th 2020 - 09:55 UTC
Brazilian farmers' lobbies divided over EU complaints of Amazon deforestation

Brazil's biggest lobby group for soy farmers Aprosoja has broken ties with the Brazil Agribusiness Association (Abag) over its support for an initiative calling on the Brazilian government to rein in soaring deforestation in the Amazon rainforest.
Tuesday, September 29th 2020 - 09:10 UTC
China suspends fish imports from Brazilian company because of Covid-19 in the packaging

China will stop accepting import orders from a Brazilian fish processing company for a week because the packaging has testes positive for coronavirus. Beginning on Sunday Monteiro Indústria de Pescados Ltda., was blacklisted by Chinese customs, a decision that was confirmed by the Brazilian Ministry of Agriculture and Fisheries.
Monday, September 28th 2020 - 09:15 UTC
Mercosur hosts World Tourism Day 2020 official celebrations

For the first time in the history of World Tourism Day, the 2020 official celebration will be hosted by a group of countries and not a single UNWTO Member State. The cross-border cooperation of Mercosur Member States (Argentina, Brazil, Paraguay, Uruguay plus Chile, Member Associate) reflects the current need for international solidarity and cooperation. This is especially true for tourism, working together towards a common goal.
Monday, September 28th 2020 - 09:03 UTC
Amazon forest Chief blasts Bolsonaro for blaming wildfire on tribes: “that is a lie”

Chief Raoni Metuktire, one of the most iconic defenders of the Amazon, condemned Brazilian President Jair Bolsonaro for blaming wildfires devastating the rainforest on indigenous people.