Brazil

Saturday, July 27th 2019 - 09:43 UTC
Brazil and Beijing get along smoothly: “we never had an issue with China”

Brazilian foreign minister Ernesto Araujo batted away concerns about Brazil's relations with China, its biggest trade partner, during the BRICS summit hosted by Brazil. Many had feared ties could rupture under newly-elected President Jair Bolsonaro, whose previous criticisms of Beijing and fervent admiration of US President Donald Trump are shared by Araujo.
Saturday, July 27th 2019 - 09:39 UTC
BRICS' ministerial summit can't agree on Venezuela, despite “people's cries for freedom”

Brazil's Foreign Minister Ernesto Araujo on Friday pleaded with the country's partners in the BRICS group of emerging economies to heed the “cries” of Venezuelans and work together to end the crisis.
Friday, July 26th 2019 - 10:06 UTC
China/Brazil meeting: “pragmatism will prevail” anticipate Bolsonaro hard liners

Brazil's foreign minister has made clear that there is no love lost for Beijing on his part, but when he sits down with his Chinese opposite for the first time on Thursday analysts expect pragmatism to prevail.
Friday, July 26th 2019 - 09:56 UTC
Brazil's highest court orders Petrobras to refuel two Iranian grain vessels

Brazil’s top court on Thursday ordered state-run oil company Petrobras to refuel two Iranian grain vessels stranded on the Brazilian coast due to U.S. sanctions holding up sales of fuel needed for their return trips.
Friday, July 26th 2019 - 09:53 UTC
Brazil stimulus plan will allow workers to withdraw money from severance fund

Brazil hopes to inject US$ 11.2 billion into its slowing economy after announcing a plan Wednesday to put some extra cash in the pockets of workers. Workers will be allowed to withdraw up to 500 reais (US$ 133) this year and a certain percentage in 2020 from a severance fund that employers are required to pay into.
Friday, July 26th 2019 - 09:49 UTC
Petrobras sells off a majority share of its distribution branch

Brazilian oil giant Petrobras says it’s already sold off its majority share in its fuel distribution branch, and hopes the total sale will raise about US$ 2.5 billion. Petrobras said on Wednesday it now has a 41.25% stake in the Petrobras Distribuidora unit, down from the 70% before the sale started Tuesday.
Friday, July 26th 2019 - 09:34 UTC
Bolsonaro and Economy minister cell phones hacked: four suspects arrested

Brazilian President Jair Bolsonaro's cell phones were allegedly targeted by a group of hackers who are also accused of breaching the devices of the investigators in a massive corruption probe, the justice ministry said on Thursday.
Friday, July 26th 2019 - 09:29 UTC
Armed men steal US$ 40 million in precious metals from Brazil's busiest airport

Armed men stole US$40 million of gold and other precious metals on Thursday from a Sao Paulo cargo terminal at South America's busiest airport, taking two hostages, police said. Several of the suspects arrived at the Guarulhos airport in a black pickup truck with livery resembling Brazil's federal police, according to security footage.
Thursday, July 25th 2019 - 09:16 UTC
Teheran threatens to cut Brazilian imports if Iranian vessels are not refueled

Iran has threatened to cut its imports from Brazil unless it allows the refuelling of at least two Iranian ships stranded off the Brazilian coast, a sign of the global repercussions of U.S. sanctions on the Islamic republic.
Thursday, July 25th 2019 - 09:16 UTC
Four people arrested in Brazil for hacking ministers and judges' phones

Brazil's federal police arrested four people for allegedly hacking the phone of Justice Minister Sérgio Moro, a key member of far-right President Jair Bolsonaro's Cabinet who had previously been a renowned anti-corruption judge.