Brazil

Thursday, February 13th 2020 - 10:15 UTC
Argentina/Falklands dispute at the Badminton Pan Am Cup 2020 in Brazil

Argentina is threatening a Falkland Islands team to play under the name “Islas Malvinas” or to pull out of an international competition, it has been claimed. Falkland Islands Badminton are vowing to “not give in to bullies” amid alleged tensions ahead of the Badminton Pan Am Male & Female Cup 2020, which is due to commence on Thursday.
Thursday, February 13th 2020 - 10:10 UTC
Bolsonaro-Alberto Fernandez summit and “cordial embrace” in Montevideo next March first

Brazilian president Jair Bolsonaro has proposed a meeting with his Argentine peer Alberto Fernandez on March first in Montevideo when Uruguayan president-elect Luis Lacalle Pou takes office. The information was announced by Argentine foreign minister Felipe Solá, after meeting president Bolsonaro for fifty minutes at his office in Brasilia.
Thursday, February 13th 2020 - 10:08 UTC
Brazilian economic model is changing, “lower interest rates and a weaker Real”

Brazilian Economy minister Paulo Guedes said that the economic model has changed and no long is made up of high interest rates and a strong Real. His comments follow concerns that the exchange rate of the Real against the US dollar has been increasing sustainedly for the last few days.
Wednesday, February 12th 2020 - 09:45 UTC
Brazilian minister Guedes apologizes for calling state employees as “parasites”

Brazilian Economy Minister Paulo Guedes apologized on Monday for using the term “parasite” to describe state employees, risking a backlash as the government tries to push forward a bill that would reduce public sector costs and benefits.
Wednesday, February 12th 2020 - 09:32 UTC
Brazilian governor believes less protection of sugar will mean lower prices for consumers

The governor of Sao Paulo said on Monday at an industry conference that less protection of sugar would guarantee better access and lower prices for consumers. “Sugar is the most protected product in the market, the reduction of tax and non-tax barriers would guarantee better access,” Joao Doria said in his opening remarks at a three-day industry meet in Dubai.
Wednesday, February 12th 2020 - 09:00 UTC
Moody's presents a positive outlook for Brazil's sovereign credit profile

Capital outflows from Brazilian asset markets and the Real's slide to new all-time lows against the U.S. dollar pose little threat to Brazil's sovereign credit profile, ratings agency Moody's said on Monday.
Wednesday, February 12th 2020 - 08:41 UTC
Brazilian and Indonesia billionaires clash over the sale of a US$ 3.5bn pulp mill

The business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to list its international operations in the United States.
Wednesday, February 12th 2020 - 08:40 UTC
Chinese company confident it will start its US$ 2,1 billion iron ore project in Brazil

Chinese mining company Sul Americana de Metais (SAM), a unit of China’s Honbridge Holdings, is confident it will receive the necessary permits to start up its US$ 2.1 billion iron ore project in Minas Gerais, its chief executive said.
Tuesday, February 11th 2020 - 07:55 UTC
Brazilian January inflation at its lowest driven by sharp decline in meat prices

Brazilian inflation kicked off the year on a soft footing, official figures showed, as the IPCA consumer price index posted its smallest January increase since the country’s “Real Plan” was launched more than a quarter of a century ago.
Monday, February 10th 2020 - 10:34 UTC
Francis expected to receive ex president Lula at the Vatican next Thursday

Pope Francis will receive former Brazilian president Lula de Silva next February 13, according to reports advanced by the country's media and later confirmed by Lula in his twitter account.