Brazil

Monday, December 7th 2020 - 09:04 UTC
ExxonMobil will concentrate its growth ambitions in Brazil and Guyana

ExxonMobil expects Brazil and Guyana will be key drivers for the company’s growth ambitions in the future, as the US super-major looks to concentrate the bulk of exploration and production development activities in the two South American nations, apparently leaving aside the shale deposits in Argentina.
Monday, December 7th 2020 - 08:59 UTC
Brazil has sold in advance 56,5% of its 2020/21 soybeans crop

Brazilian farmers have sold 56.5% of their beans in advance through December 4, Safras & Mercado, an agribusiness consultancy, said in a statement last Friday. Considering Brazil is poised to collect 133.517 million tons of the oilseeds this season, the volume of pre-sold soy amounts to an estimated 75.403 million tons, Safras said.
Friday, December 4th 2020 - 09:23 UTC
Uruguay/Google Tannat cable system links with Brazil and Argentina

The Tannat cable system connecting Uruguay and Brazil by sea has now been officially extended to Argentina. The cable is co-owned by Uruguay’s state-run telco Antel and by Google. Active since 2018, the 2,000km system links Maldonado, near Montevideo in Uruguay, to Praia Grande/Santos in Brazil’s São Paulo state.
Friday, December 4th 2020 - 09:08 UTC
Strong overall rebound of Brazilian economy in third quarter, 7,7%, but still at 2017 size

Brazil’s economy grew in the third quarter by the most on record as the easing of anti-coronavirus lockdown measures triggered a strong rebound in activity across most sectors, especially industry and services, while fixed investment jumped sharply.
Thursday, December 3rd 2020 - 09:52 UTC
Brazil's health regulator open to approving Covid-19 vaccines for emergency use

Brazil’s health regulator Anvisa said on Wednesday it was open to approving COVID-19 vaccines for emergency use and outlined the requirements for companies looking to do so.
Thursday, December 3rd 2020 - 09:40 UTC
Armed bank robbers storm mid-size city in northern Brazil and loot the local bank; second strike in two days

A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the opposite side of the country, taking residents hostage as they looted a bank.
Wednesday, December 2nd 2020 - 08:58 UTC
Dozens of robbers take over a town in southern Brazil and loot the local bank

Dozens of gunmen armed with assault rifles invaded a city in southern Brazil overnight Tuesday and took control of the streets as they assaulted a local bank.
Tuesday, December 1st 2020 - 09:55 UTC
Climate change will increase the burden of Brazil's armed forces and endanger energy and water security

Climate change will increase the burdens on Brazil’s armed forces and endanger the country’s energy and water security, military experts predicted on Monday. A group of senior military leaders said deforestation in the Amazon region could alter rainfall patterns in Brazil, hitting hydropower plants - the country’s major source of energy - and water supplies for major urban centers.
Tuesday, December 1st 2020 - 08:53 UTC
Is Brazil’s Oil Boom in danger?

By Matthew Smith for Oilprice.com – Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic. Strong demand from Asian refiners, especially those in China, for lighter sweeter crude oils saw demand for Brazilian crude oil soar since the end of 2019.
Tuesday, December 1st 2020 - 08:36 UTC
WHO very worried about rapidly growing surge of Covid-19 in Brazil and Mexico

The World Health Organization says it is very worried about the rapidly growing surge of coronavirus cases in Brazil and Mexico. WHO chief Tedros Adhanom Ghebreyesus told reporters at his regular briefing in Geneva on Monday, “I think Brazil has to be very, very serious,” in combating the surge there. He echoed the same concern for Mexico, which he said was in “bad shape.”