Brazil

• Friday, May 10th 2019 - 09:54 UTC

  Brazilian Lower House committee challenges Bolsonaro and Justice Minister Moro

  

  Brazilian lawmakers dealt a blow to the country's graft-busting Justice Minister Sergio Moro on Thursday, when a congressional committee voted to transfer a key tool for monitoring financial transactions to the recently formed Economy Ministry.

• Friday, May 10th 2019 - 09:11 UTC

  Shell to invest US$ 2bn annually in Brazil until 2025

  

  Shell plans to invest as much as US$2 billion annually in its Brazilian operations by 2025, Shell’s chief executive officer Ben van Beurden told Brazilian business daily Valor Economico in an exclusive interview published on Thursday.

• Friday, May 10th 2019 - 08:44 UTC

  Bolsonaro will finally be honored at a foreign affairs event in Texas on 16 May

  

  Brazil’s right-wing President Jair Bolsonaro will speak at a foreign affairs event in Texas next week, organizers said, after he cancelled a heavily criticized visit to New York City.

• Thursday, May 9th 2019 - 12:56 UTC

  Ex Brazilian environment ministers blast Bolsonaro's forestry and water policies

  

  Eight former Brazilian environment ministers blasted new right-wing President Jair Bolsonaro and his administration in a letter on Wednesday, saying it is dismantling the country's environmental protections.

• Thursday, May 9th 2019 - 12:28 UTC

  Brazil central bank leaves interest rates unchanged at 6.5%

  

  Brazil's central bank held fire on interest rates on Wednesday despite lackluster growth in Latin America's biggest economy and uncertainty over President Jair Bolsonaro's ability to push through a much-needed pension reform.

• Thursday, May 9th 2019 - 09:58 UTC

  Former Brazilian president Temer ordered to return to jail

  

  Former President Michel Temer was ordered to return to jail by a federal judge on Wednesday while he is investigated in several cases of alleged corruption. Temer’s lawyer, Eduardo Carnelos, told Globo Television that he could only “lament” the court’s decision. He said Temer would have to present himself to authorities Thursday.

• Thursday, May 9th 2019 - 09:55 UTC

  Bolsonaro denies he's a racist and that racism is a problem in Brazil

  

  Racism is an insignificant problem in Brazil, according to President Jair Bolsonaro, who has been accused of not just racist but also homophobic and sexist comments in the past. Bolsonaro spoke to Rede TV in an interview broadcast on Tuesday night, in which he defended his record on a number of controversial subjects.

• Thursday, May 9th 2019 - 09:09 UTC

  Brazilian F1 Grand Prix will move from Sao Paulo to Rio do Janeiro in 2020

  

  The Brazilian Grand Prix will move next year to a new purpose-built circuit in Rio de Janeiro that could be named after Ayrton Senna, the country’s president revealed on Wednesday. Amid uncertainty over the long term future of the current event in Interlagos is Sao Paulo, Brazilian president Jair Bolsonaro said that a switch of venues would happen in 2020 when the event moves to Rio.

• Thursday, May 9th 2019 - 08:41 UTC

  Brazil expects US$ 30bn from offshore oil auctions next October and November

  

  Brazil expects to collect some US$ 30 billion in signing bonuses this year from three upcoming offshore oil auctions set for October and November, an official revealed this week.

• Thursday, May 9th 2019 - 07:40 UTC

  Mexico announces a criminal probe into Brazil's Odebrecht corruption

  

  Mexico will launch a criminal probe into Brazilian construction conglomerate Odebrecht SA within 60 days, Attorney General Alejandro Gertz Manero said on Monday.