Brazil

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.
Monday, February 10th 2020 - 08:55 UTC
France, Brazil's biggest military threat over the next 20 years and an Amazon invasion?

France is expected to be Brazil's biggest military threat over the next 20 years and could invade the Amazon in 2035, according to a secret report published by Brazilian media on Friday. Although the French embassy jokingly “saluted” its “limitless imagination”, the military document is aimed at redefining the country's foreign policy strategy and could add yet another chapter to its troubled relations with France.
Monday, February 10th 2020 - 08:30 UTC
Suspect of killing Rio city council shot dead in the north of Brazil

A suspect in the 2018 assassination of an outspoken Afro-Brazilian member of Rio de Janeiro's city council was shot dead on Sunday after he fired on police sent to arrest him, Brazilian authorities said.
Saturday, February 8th 2020 - 11:29 UTC
Freedom of expression and cybercrime case controversy in Brazilian court

A Brazilian judge indicted six people accused of hacking the phones of prosecutors in the country’s biggest corruption case on Thursday but held off “for now” on accepting cybercrimes charges against U.S. journalist Glenn Greenwald.
Friday, February 7th 2020 - 09:51 UTC
“Falklands much closer to Brazil after the second flight”, UK ambassador

The British ambassador to Brazil, Vijay Rangarajan, this week said the second flight will bring the Falkland Islands closer to Brazil, describing it as a potential engine to help drive links between the two countries.