Brazil

Saturday, September 7th 2019 - 09:25 UTC
Argentina and Brazil sign auto industry increased integration agreement

Brazil and Argentina renewed their auto trade agreement on Friday, allowing increased Brazilian exports to its neighbor through 2029 but postponing free trade in motor vehicles between the countries for the next decade.
Saturday, September 7th 2019 - 09:00 UTC
Brazil's agribusiness joins the campaign to stop rainforest fires in the Amazon

The Brazilian Amazon is facing its worst spate of forest fires since 2010, with news of the destruction of the world's largest rainforest last month prompting global outcry and worries that it could hurt demand for the country's exports.
Saturday, September 7th 2019 - 08:54 UTC
Super star Ronaldinho nominated as a Brazil ambassador for tourism

Despite being unable to leave Brazil, the former Barca star Ronaldinho has been unveiled as one of the country's new ambassadors for tourism. The 39-year-old, who won the 2002 World Cup with the Selecao, had his passport seizure upheld in May this year after failing to pay a fine relating to environmental damage.
Saturday, September 7th 2019 - 08:38 UTC
Brazilian minister prepared to sell all “dysfunctional” state owned companies

Brazil’s Economy Minister Paulo Guedes said he will propose selling all the country’s state-owned companies because they are “dysfunctional” and should be privatized to improve the government’s finances.
Friday, September 6th 2019 - 09:51 UTC
Brazilian minister iterates that Brigitte Macron is in effect “truly ugly”

A Brazilian government minister said French first lady Brigitte Macron was “truly ugly” on Thursday, only days after the country's president appeared to endorse an attack on her appearance. Brazil's economy minister Paulo Guedes said he agreed with President Jair Bolsonaro's comments about Macron's looks.
Thursday, September 5th 2019 - 09:56 UTC
Bolsonaro accused Bachelet of meddling in Brazil´s affairs for condemning police violence

Brazil President Jair Bolsonaro on Wednesday accused Chile's former leader Michelle Bachelet, now the United Nations human rights chief, of meddling in his country's affairs after she criticized a rise in police violence and an erosion of democracy.
Thursday, September 5th 2019 - 09:45 UTC
Brazil soybean sales to China in August down 40% year on year

Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.
Thursday, September 5th 2019 - 09:39 UTC
Brazilian Senate advancing with pensions' reform; forecasts of promulgation in a month's time

Brazil’s Senate constitutional affairs committee on Wednesday approved by a vote of 18-7 a bill that would overhaul the social security system and save the federal government about 1 trillion reais (US$243 billion) over the next decade.
Thursday, September 5th 2019 - 09:19 UTC
Soybean plantation in Brazil forecasted to grow at a much lower pace

The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
Wednesday, September 4th 2019 - 09:17 UTC
Restructuring Ford's Sao Paulo truck plant means sacking 1.300 workers and lowering salaries of the remaining

Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers.