Brazil

Saturday, July 6th 2019 - 09:49 UTC
Falkland Islands and Brazil: Agreement reached for historic commercial flight

An agreement has been finalised with LATAM Airlines Brazil to introduce a second international commercial air link to the Falkland Islands with a weekly service from São Paulo/Guarulhos (with a monthly stop in Cordoba, Argentina), complementing the existing weekly flight to Santiago, Chile.
Friday, July 5th 2019 - 14:26 UTC
Ex Rio governor admits paying US$ 2 million to ensure 2016 Olympics

The former governor of Rio de Janeiro state said in court testimony on Thursday that he paid US$2 million to buy votes to ensure the sprawling Brazilian seaside city would be chosen to host the 2016 Olympic Games.
Friday, July 5th 2019 - 10:58 UTC
Bolsonaro insists, Europe has no authority to discuss environment issues with Brazil

Brazilian President Jair Bolsonaro has rebutted European criticism over his commitment to the environment, saying he'd flown over Europe twice and hadn't seen “even a square kilometre of forest.”
Friday, July 5th 2019 - 08:42 UTC
Brazilian stocks at new records as pension reform clears key congressional hurdle

Brazilian markets rallied on Thursday and stocks hit the highest level on record, as the government’s cornerstone pension reform bill cleared a key congressional hurdle. The special pension reform committee in Congress passed the basic text by a vote of 36 to 13, and the reform bill could now be only two weeks from achieving full lower house approval.
Thursday, July 4th 2019 - 19:13 UTC
Brazilian leading meat processor is “buying cattle from ranchers operating on deforested land”

Brazilian food processor JBS SA has been buying cattle from ranchers operating on deforested land in the Amazon that the government had said must not be used for grazing, a newspaper report said on Tuesday.
Thursday, July 4th 2019 - 16:54 UTC
Brazil anticipates more trade accords following on the Mercosur/EU deal

Brazil’s Foreign Minister Ernesto Araujo said on Wednesday that he expects two new trade deals to be signed between the trade bloc Mercosur and other regions in the second half of 2019, hailing a new era of openness in Brazil.
Thursday, July 4th 2019 - 09:43 UTC
UK returned 1.400 tons of Brazilian poultry contaminated with salmonella

The Brazilian government confirmed on Wednesday that Britain had sent back to Brazil 16 containers of poultry due to the presence of salmonella in the shipments. According to Agriculture Minister Tereza Cristina Dias, the shipments totaled 1,400 tons of poultry, which were returned over a 15-month period.
Thursday, July 4th 2019 - 07:33 UTC
Amazon deforestation keeps advancing; Brazil warned about EU/Mercosur accord clauses on climate change

Deforestation in Brazil's portion of the Amazon rainforest soared more than 88% in June compared with the same month a year ago, the second consecutive month of rising forest destruction under new President Jair Bolsonaro, who has called for the development of the region.
Wednesday, July 3rd 2019 - 13:12 UTC
Hake, squid and scallops will access EU free of tariffs as soon as deal with Mercosur becomes effective

Fisheries exports from Mercosur member countries which now face tariffs ranging from 8% to 15% in the European Union will see them gradually disappear during a seven-year period, according to the terms of the wide-ranging strategic trade and cooperation agreement signed this week between the two blocks.
Wednesday, July 3rd 2019 - 09:40 UTC
Brazil estimates trade surplus this year to reach US$ 56.7 billion

Brazil’s Economy Ministry on Monday raised its projection for the country’s trade surplus this year to US$56.7 billion from US$50 billion but warned that trade activity will decline due to slowing global economic growth.