Brazil

Tuesday, September 22nd 2020 - 08:51 UTC
Latin American countries plan to join WHO's virus vaccine COVAX; ask for more time to sign

Brazil and Argentina, Latin American nations seeking more time to commit to the global COVID-19 vaccine facility known as COVAX, said they intend to so as soon as possible after missing Friday’s deadline.
Tuesday, September 22nd 2020 - 08:34 UTC
Petrobras faces unexpected challenges in its attempt to sell refineries

Brazilian oil company Petrobras said on Monday it will open another round of bidding for its Repar refinery in the state of Parana after receiving binding offers that were too similar in value.
Tuesday, September 22nd 2020 - 07:54 UTC
United States rice for Brazil: 30,000 tons according to USDA

The United States reported last week the sale of 30,000 tons of rice to Brazil. This follows on the decision from the Brazilian Chamber of Foreign Trade (Camex) to slash tariffs on rice to zero, helping to reduce the price of the grain for consumers.
Monday, September 21st 2020 - 09:34 UTC
Barred Lula offers to back any candidate who can beat Jair Bolsonaro

Former Brazilian president Lula da Silva has offered to back any candidate who can beat far-right President Jair Bolsonaro in the upcoming 2022 elections. Lula is currently barred from seeking elected office as he is fighting two criminal convictions for graft that bar him from running. He can run himself if he is able to overturn the convictions, but he also faces five further indictments.
Monday, September 21st 2020 - 08:44 UTC
Bolsonaro will undergo surgery to remove a bladder stone next Friday

Brazilian President Jair Bolsonaro is scheduled to undergo surgery to remove a bladder stone on Friday, a doctor for the Brazilian leader said on Sunday. Bolsonaro will check in to a hospital in Sao Paulo on Thursday to prepare for the procedure and will be hospitalized until Saturday or Sunday at the latest, said Leandro Echenique, one of several doctors on Bolsonaro's medical team.
Saturday, September 19th 2020 - 09:57 UTC
Brazil slashes tariffs to zero on imports of Covid-19 vaccines and related inputs

Brazil slashed temporarily the import tax on COVID-19 vaccines and other products related to the fight of the new coronavirus. According to the resolution from the Ministry of Economy's Chamber of Foreign Trade, CAMEX, the objective is to “facilitate the fight against the pandemic”.
Saturday, September 19th 2020 - 09:18 UTC
Egypt becomes one of the main suppliers of garlic to the Brazilian market

Egypt has become one of the main suppliers of garlic to Brazil, with data this year showing that in the first eight months the product sales have already exceeded US$ 5 million, according to SECEX, Brazil's foreign trade secretariat.
Thursday, September 17th 2020 - 09:29 UTC
Brazil keeps key interest rate at record low 2%; anticipates “forward guidance” instead of further cuts

Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, pledging to stimulate the coronavirus-hit economy with “forward guidance” rather than more rate cuts because of the risk to financial market stability that they could pose.
Thursday, September 17th 2020 - 09:10 UTC
Eight EU countries urge “real action” from Brazil to combat deforestation

A group of eight European countries urged Brazil to take “real action” to combat rising deforestation in the Amazon rainforest, which is threatening Europe’s desire to source food and other products sustainably.
Thursday, September 17th 2020 - 09:01 UTC
Brazil's agribusiness exports in August reached US$ 8,9bn: China main client

Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.