Brazil

Thursday, October 22nd 2020 - 09:20 UTC
Bolsonaro's conservative candidate to the Supreme Court receives Senate approval

The Brazilian Senate approved, by 57 votes in favor and 10 against, the appointment of conservative Judge Kassio Nunes Marques, 48, to become minister of the STF (Supreme Federal Court). He will take over for Dean Celso de Mello, who retired this month.
Thursday, October 22nd 2020 - 09:04 UTC
US Export-Import bank signs deal to finance US$ 1 billion in trade with Brazil

Brazil and the United States signed a memorandum of understanding to forge closer trade links, a step that could see U.S. Export-Import Bank finance up to US$1 billion of exports to and projects in the Latin American nation.
Wednesday, October 21st 2020 - 08:44 UTC
Brazilian health minister ill with a suspected case of Covid-19

Brazilian Health Minister Eduardo Pazuello has fallen ill with a suspected case of COVID-19, the ministry's press office said on Tuesday, as the country battles with the third-worst coronavirus outbreak globally, with nearly 5.3 million cases.
Tuesday, October 20th 2020 - 09:54 UTC
Populism in Brazil: how liberalisation and austerity led to the rise of Lula and Bolsonaro

By Patricia Justino and Bruno Martorano (*) – While the rise of populist politicians in Europe and the US gets a lot of attention from the media and researchers alike, the drivers of the populism taking hold in emerging and developing economies still receives relatively little scrutiny.
Tuesday, October 20th 2020 - 09:29 UTC
US/Brazil plan to increase cooperation in bilateral trade, to cut “the enormous risk” of dependence on China

U.S. Secretary of State Mike Pompeo warned on Monday the United States and Brazil need to reduce their dependence on imports from China for their own security as the two countries reinforced their business partnership.
Monday, October 19th 2020 - 09:03 UTC
US/Brazil bilateral trade in 2020, the lowest in eleven years

The American Chamber of Commerce in Brazil, (AmCham Brasil) released the ‘Brazil-United States Trade Monitor’, which pointed out that bilateral trade in 2020 between Brazil and the United States until September registered the worst result of the last 11 years.
Monday, October 19th 2020 - 08:27 UTC
Brazil expects a 2020/21 record harvest with an estimated 268,7 million tons

Brazil expects its 2020-2021 grain harvest to beat the record set by the newly completed season by 4.2%, according to an initial forecast released by the state-owned National Supply Company (Conab).
Saturday, October 17th 2020 - 09:00 UTC
World's largest meatpacker, Brazil's J&F, pleads guilty in US court on corruption charges

The owner of the world’s largest meatpacker pleaded guilty in U.S. federal court this week to paying nearly US$ 180 million in bribes to top Brazilian officials in exchange for state-backed financing used to go on a buying spree in the U.S.
Saturday, October 17th 2020 - 08:57 UTC
Brazilian iron ore exports increased 18,5% in September over a year ago; strong demand from China

Brazilian iron ore exports increased by 18.5% in September compared to the same period last year, to 37.86 million tons, after Vale increased the pace of production. The volume shipped last month is the biggest since December 2015, when Brazil exported a monthly record of 39.5 million tons, according to the Ministry of Industry, Foreign Trade and Services.
Saturday, October 17th 2020 - 08:48 UTC
Brazil considering temporarily zero tariffs on corn and soybean imports outside Mercosur

The Brazilian government is set to discuss a proposal that would temporarily eliminate tariffs on corn and soy imports from countries outside the Mercosur trade bloc, as recently happened with rice, a staple of the Brazilian diet.