Brazil

Friday, August 16th 2019 - 12:55 UTC
Brazil's central bank will sell dollars in the spot currency market; first time in a decade

Brazil’s central bank announced it would sell dollars outright in the spot currency market this month for the first time in over a decade, changing its regular market operations in response to rising demand for liquidity.
Friday, August 16th 2019 - 07:26 UTC
Norway suspends funding to curb Amazon deforestation in Brazil

Norway has suspended funding that was supporting measures to curb deforestation in Brazil after the country blocked the operations of a fund receiving the aid, the Norwegian ministry of climate and environment said on Thursday.
Friday, August 16th 2019 - 07:21 UTC
“If Cristina Kirchner gets in and closes the economy,” Brazil will leave Mercosur

Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.
Friday, August 16th 2019 - 07:11 UTC
Brazil: Book with 188 blank pages dedicated to Bolsonaro, “should be respected and trusted”

A 190-page book on why Brazil's conservative president Jair Bolsonaro “should be respected and trusted” has gone viral on social media after it emerged 188 of its pages are blank. The author said it was a “protest” to force people to “come up with their own answers” on the controversial leader.
Thursday, August 15th 2019 - 16:37 UTC
Embraer is awarded Brazilian certification for the Praetor 500

Embraer has announced that the company’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil), having been announced in October 2018 at NBAA-BACE.
Thursday, August 15th 2019 - 05:20 UTC
Bolsonaro insists Argentina is heading for “Venezuelan chaos” with the “leftist bandits”

Brazilian President Jair Bolsonaro said on Wednesday that Argentina was heading for chaos as “leftist bandits” who performed well in the primary election will follow the path of Venezuela, which is mired in a deep economic crisis. Argentina's Merval stock index was down 34.47% since the start of the week.
Thursday, August 15th 2019 - 05:16 UTC
Massive women's protests in Brasilia against Bolsonaro's policies

Tens of thousands of women took to the streets of Brazil's capital on Wednesday to denounce President Jair Bolsonaro, in the third anti-government protest in the city in two days.
Wednesday, August 14th 2019 - 18:33 UTC
Brazil: court injunction to prevent Bolsonaro's son appointment as ambassador in US

Brazilian federal prosecutors filed a court injunction on Tuesday seeking to bar the appointment of conservative president Jair Bolsonaro’s son Eduardo as ambassador to the United States due to his lack of experience as a diplomat.
Wednesday, August 14th 2019 - 18:17 UTC
Brazil's mining industry given more time to close dangerous tailings dams

Brazil’s mining regulator on Monday extended the deadlines by up to four years for the closing of many dangerous mine tailings dams like the one that collapsed in January at a Vale SA facility, killing more than 240 people.
Wednesday, August 14th 2019 - 08:49 UTC
FBI seeks to question Al-Qaeda suspect living in Brazil as legal resident

The US Federal Bureau of Investigation (FBI) is seeking to question an alleged Egyptian Al-Qaeda operative believed to be living in Brazil, and the South American country has pledged to cooperate with the United States in any way it can.