Brazil

• Saturday, November 7th 2020 - 08:40 UTC

  Four days blackout in Brazilian Amapa state: full service restoration in ten days

  

  A fire at an electricity substation has caused four days of blackouts in most of northern Brazil’s Amapa state, disrupting the lives of hundreds of thousands of people.

• Saturday, November 7th 2020 - 08:06 UTC

  Food and transport costs lifting annual inflation in Brazil to the central bank year target

  

  Brazilian inflation in October rose to its highest level for that month since 2002, figures showed on Friday, driven by rising food and transport costs and lifting annual inflation to within sight of the central bank’s year-end target.

• Friday, November 6th 2020 - 09:13 UTC

  Vehicle sales in Brazil climbing with October the best month of the year

  

  New vehicle sales in Brazil during October rose 3.54% compared to September, registering the highest volume of the year, the National Federation of Motor Vehicle Dealers (Fenabrave) said.

• Friday, November 6th 2020 - 08:53 UTC

  Brazil's spike in inflation is 'temporary', central bank president Campos Neto

  

  Brazil’s recent spike in inflation is temporary, central bank President Roberto Campos Neto said, adding, however, that policymakers are monitoring developments closely.

• Friday, November 6th 2020 - 08:51 UTC

  Brazilian Senate votes overwhelmingly in favor of Central bank autonomy

  

  Brazil’s Senate voted overwhelmingly to approve a bill that would establish the autonomy of the central bank to reduce political interference in monetary policy and align the country with other major economies.

• Thursday, November 5th 2020 - 09:46 UTC

  Bolsonaro refrains from commenting on the potential winner of US election

  

  Brazil President Jair Bolsonaro on Wednesday refrained from commenting on the potential winner of the tight U.S. election, but reiterated his support for President Donald Trump, and suggested Democratic challenger Joe Biden would interfere on issues like the Amazon rainforest if elected.

• Thursday, November 5th 2020 - 09:30 UTC

  Bolsonaro's eldest son formally charged in alleged scheme to siphon public funds

  

  State prosecutors in Rio de Janeiro said late they have formally charged against Flavio Bolsonaro, President Jair Bolsonaro's eldest son, over his alleged participation in a scheme to siphon off public funds.

• Thursday, November 5th 2020 - 09:10 UTC

  Brazil's trade surplus reaches US$ 47,6 billion in ten months

  

  The Brazilian Ministry of Economy released the result of the country's October trade balance, US$ 5.5 billion surplus, but lower than market expectations. The result was again leveraged by the significant retraction in imports, while market expectations were forecasting a US$ 6.1 billion surplus.

• Wednesday, November 4th 2020 - 09:47 UTC

  Brazilian manufacturing expands at a record pace in October

  

  Brazilian manufacturing expanded at a record pace in October, a survey of purchasing managers' activity showed on Tuesday, as a rise in employment and export orders to new highs helped extend the sector's strong post-coronavirus recovery.

• Wednesday, November 4th 2020 - 08:50 UTC

  US soybeans being loaded in Louisiana for Brazil

  

  A U.S. grain export terminal near Baton Rouge, Louisiana, is loading about 38,000 tons of U.S. soybeans on a bulk cargo vessel for shipment to Brazil, according to Southport Agencies shipping lineup.