Brazil

• Friday, September 4th 2020 - 08:44 UTC

  Brazil tightens safety demands for dams in the mining industry

  

  Brazil's Senate passed a bill on Wednesday that tightens the safety rules and inspection for dams in the mining industry, setting fines of up to 1 billion reais (US$ 200 million) for failure to comply.

• Friday, September 4th 2020 - 08:41 UTC

  Brazil reiterates that Covid-19 vaccines will not be obligatory

  

  Brazil's president Jair Bolsonaro, who has consistently downplayed the severity of the coronavirus outbreak, reiterated on Thursday that COVID-19 vaccinations will not be obligatory when they become available.

• Friday, September 4th 2020 - 08:34 UTC

  Experimental deliveries with drones approved in Brazil

  

  Latin American drone delivery company, Speedbird Aero, announced it has received regulatory approval from Brazil's National Civil Aviation Agency, also known as ANAC, to operate two experimental drone delivery routes in Brazil.

• Thursday, September 3rd 2020 - 08:56 UTC

  Bolsonaro's popularity soars as he extends payments for low income Brazilians until 2021

  

  Brazil’s President Jair Bolsonaro extended until the end of the year payments for low-income Brazilians hit by the economic fallout from the COVID-19 pandemic, a program that has boosted his popularity but created tension with his finance team.

• Thursday, September 3rd 2020 - 08:49 UTC

  Brazil with record trade surplus in August, despite an overall fall in global transactions

  

  Brazil obtained a record trade surplus of US$ 6,6 billion during the month of August, the highest for the month since 1989. However overall dropped with exports sliding 5.5% to US$ 17,741bn and imports, 25,1%, to US$ 11,133bn. In eight months the trade surplus reached US$ 36,594bn, the third-best historically in the last forty years.

• Thursday, September 3rd 2020 - 08:00 UTC

  Brazilian Football Confederation approves equal pay for women and men's national teams

  

  The Brazilian Football Confederation says it agreed in March to pay women’s national team players the same as their peers on the men’s side, it was reported Wednesday. Brazil thus becomes one of the few countries to adopt an equal pay policy for both women’s and men’s football.

• Wednesday, September 2nd 2020 - 09:50 UTC

  Brazil/Argentina spat over non automatic import licenses delaying Mercosur bilateral trade

  

  Brazil expressed its disenchantment with the Argentine policy of delaying the approval of the so-called nonautomatic import licenses which has seen millions of dollars in sales held at the border. This situation has been increasing in recent months, in what is considered a breach of bilateral accords in the framework of Mercosur agreements, and the World Trade Organization, WTO, rules.

• Wednesday, September 2nd 2020 - 09:45 UTC

  Brazilian economy is back to 2009 size, following a 11,4% contraction in the second quarter

  

  Brazil’s economy shrank in the second quarter by the most on record as anti-coronavirus lockdown measures slammed activity in almost every sector, dragging Latin America’s largest economy back to the size it was in 2009.

• Wednesday, September 2nd 2020 - 09:12 UTC

  JPMorgan Chase & Co transfers private banking clients in Brazil to a local lender

  

  JPMorgan Chase & Co (JPM.N) has reached an agreement with Brazil’s Banco Bradesco SA (BBDC4.SA) to potentially transfer its private banking clients to the Brazilian lender, according to a document filed by Bradesco.

• Wednesday, September 2nd 2020 - 08:20 UTC

  Paraguayan wheat exports drop 42% in July because of stricter controls in Brazil

  

  The Paraguayan Chamber of Cereals and Oilseed exporters and traders, Capeco reported that the country's exports fell by 42.2% in July, with 267,949 tons, compared to 464,005 tons shipped in the previous month. This represents a drop of about 196,056 tons month-on-month.