Brazil

Wednesday, October 2nd 2019 - 08:27 UTC
Bolsonaro signs decree expanding soft financing for farmers

Brazilian President Jair Bolsonaro on Tuesday signed a decree with a variety of measures to expand financing for farmers. The measures include the creation of a “fraternal” fund that will provide an estimated 5 billion reais (US$ 1.20 billion) in additional credit for the sector, according to Rogerio Miranda, the Economy Ministry's deputy secretary for agriculture policy.
Tuesday, October 1st 2019 - 09:47 UTC
Brazil's newest oil auction attracting oil majors

Brazil’s newest oil auction is attracting some of the world’s biggest oil majors such as BP, Chevron, CNOOC, ExxonMobil, and Shell, the Brazilian government said on Monday, according to Bloomberg.
Tuesday, October 1st 2019 - 09:40 UTC
Brazilian soy farmers concerned with new Bayer biotech herbicide, Dicamba

Brazilian farmers are wary of the imminent introduction of a new genetically modified soy seed technology because of the risks associated with dicamba, a herbicide the biotech product is designed to tolerate.
Tuesday, October 1st 2019 - 09:03 UTC
Brazil's national debt at a record high in August, 79.8% of GDP

Brazil's national debt rose to the highest on record in August, central bank figures showed on Monday, driven by a combination of increased interest payments, higher borrowing and a weaker exchange rate.
Monday, September 30th 2019 - 08:18 UTC
Major oil spill along the Brazilian coastline of eight states, 3.000 kilometers

An oil spill has contaminated beaches and coastline across eight Brazilian states, the country’s environment agency said, although authorities are still stumped as to its origin.
Monday, September 30th 2019 - 08:13 UTC
Petrobras to concentrate on reducing debt load and deep water exploration

Petrobras’ administration board has approved an update to its plan for the next five years that is expected to call for the state-run oil and gas company to dump its gas distribution and transport business, its fertilizer business, and its LPG and biodiesel business, according to media reports.
Monday, September 30th 2019 - 08:03 UTC
Brazil's ex chief prosecutor admits wanting to kill one of the Justices for smearing his daughter

A judge in Brazil has issued a restraining order against a former attorney general after he admitted carrying a gun inside the Supreme Court to kill one of the justices. Rodrigo Janot served as chief public prosecutor for four years until 2017.
Friday, September 27th 2019 - 09:59 UTC
Falklands/Sao Paulo weekly air link details uploaded in LATAM's website

Flight details of the new air link of the Falkland Islands with the South American continent, Sao Paulo in Brazil, were uploaded to the LATAM website on Wednesday. After a hiccup in the loading which suggested prices were in the £1000s the computerization was completed and a more attractive price was shown to be available.
Friday, September 27th 2019 - 09:55 UTC
Brazil Supreme Court ruling could overturn corruption convictions

Brazilian Supreme Court justices approved late on Thursday a ruling that may overturn corruption convictions in the country's largest-ever corruption probe. The majority of the Supreme Court ruled that defendants mentioned in plea deals by witnesses also accused of corruption should have the right to defend themselves after testimony of the whistleblower - the right to address the court last.
Friday, September 27th 2019 - 09:48 UTC
LGBT themed stage show fear subtle censorship of the Bolsonaro administration

After a state-run theater in Brazil suddenly dropped his LGBT-themed stage show “Gritos,” Artur Ribeiro began to worry it was curtains for his company under President Jair Bolsonaro. Ribeiro said the Caixa Cultural theater in the capital of Brasilia last week canceled the show, in which he plays a transgender character.