Brazil

• Thursday, October 31st 2019 - 09:49 UTC

  Brazil cuts benchmark interest rate to an all time low of 5%; inflation running below target

  

  Brazil's central bank cut its benchmark interest rate to a new all-time low of 5.00% on Wednesday as expected, but signaled that further easing may be less aggressive than it has been in recent months, despite inflation running well below target.

• Thursday, October 31st 2019 - 09:18 UTC

  Twitter to ban political advertising globally, beginning 22 November

  

  Twitter announced on Wednesday it would ban political advertising globally on its platform, responding to growing criticism over misinformation from politicians on social media.

• Wednesday, October 30th 2019 - 09:27 UTC

  Brazilian food processor expands in Saudi Arabia with chicken plant

  

  Brazilian food processor BRF SA on Tuesday announced an agreement to invest around US$ 120 million to build its first chicken processing plant in Saudi Arabia in a bid to strengthen its position in a key growth market.

• Wednesday, October 30th 2019 - 09:23 UTC

  Oil spills on Brazil's northeast beaches, “the worst environmental attack”

  

  Oil spills washing up on beaches along more than 2,000 kilometers of Brazil’s northeast coastline could be the worst environmental “attack” in the country’s history, the CEO of Petrobras said on Tuesday.

• Wednesday, October 30th 2019 - 08:36 UTC

  Brazil has become a beacon for Big Oil foreign investment in the energy sector

  

  When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.

• Tuesday, October 29th 2019 - 19:04 UTC

  Start date for new flights between the Falkland Islands and São Paulo

  

  LATAM Airlines Brazil’s new weekly flight between the Falkland Islands and São Paulo will begin operating on 20 November 2019. This service will allow passengers to make onward connections to multiple destinations in South and North America, Europe, Africa and Asia.

• Tuesday, October 29th 2019 - 09:55 UTC

  Alberto Fernandez and Bolsonaro on collision course over Lula and Mercosur

  

  Argentine elected president Alberto Fernandez on Sunday called for ex-president Lula da Silva to be freed from prison, which most certainly puts him on a collision course with Brazil's Jair Bolsonaro.

• Tuesday, October 29th 2019 - 08:09 UTC

  Bolsonaro in Arab countries: signs agreements in Abu Dhabi and will address economic forum in Riyadh

  

  The United Arab Emirates and Brazil signed several agreements on Sunday during President Jair Bolsonaro's visit to Abu Dhabi, which marks his first official trip to the Arab world. He arrived in the UAE on Saturday and is set to head to Qatar and Saudi Arabia, where he will take part in the Future Investment Initiative.

• Tuesday, October 29th 2019 - 07:36 UTC

  Brazil, expectations of new lows for inflation and interest rates

  

  Brazilian inflation and interest rate expectations for next year have fallen to new lows, according to a central bank survey of economists published on Monday, strengthening the view that monetary policy will be loosened further in the months ahead.

• Monday, October 28th 2019 - 16:57 UTC

  Bolsonaro hints Argentine might need to leave Mercosur

  

  Brazil's President Jair Bolsonaro said late Sunday upon departing from Abu Dhabi after a two-day state visit that if the policies of Argentina's next president affect Mercosur's agreement with the European Union (EU), a solution may be to remove the southern neighbours from the bloc.