Brazil

Tuesday, August 13th 2019 - 21:13 UTC
Feeble domestic demand linked to Brazilian economy's performance on the verge of recession

Brazil likely fell into recession in the second quarter according to a key gauge of economic activity that comes as policymakers grapple with high unemployment and weak investments as well as a global slowdown.
Tuesday, August 13th 2019 - 07:16 UTC
Brazil does not need German funds to sustain Amazon forests, claims Bolsonaro

Brazilian President Jair Bolsonaro dismissed the importance of Germany's funding of sustainability projects in the country's forests, as the European nation weighed withdrawing from the region.
Tuesday, August 13th 2019 - 06:38 UTC
Bolsonaro warns of Argentine exodus into Brazil if the “leftist scoundrel” Cristina Fernandez returns to office

Conservative president Jair Bolsonaro warned on Monday that Brazil could see a wave of migrants fleeing Argentina if a presidential election in that country returns leftist politicians to power, after their strong showing in a Sunday primary vote.
Tuesday, August 13th 2019 - 06:30 UTC
US/China trade war and the Argentine situation impacts on Brazil's central bank policy of lower interest rates

Brazil’s central bank will have to weigh potential price pressures from the U.S.-China trade war against prospects of a disappointing recovery when determining how long its easing cycle will last.
Monday, August 12th 2019 - 07:35 UTC
Brazilian justice releases Batista once the country's richest man

A Brazilian judge ordered the release of ex-billionaire Eike Batista late Saturday after he was detained for violating the terms of his house arrest, local media reported.
Monday, August 12th 2019 - 07:29 UTC
Germany will partially suspend funds to protect the Amazon forest

Germany will partially suspend funds sent to Brazil to finance projects aimed at preserving the Amazon forest due to increasing deforestation, Brazilian newspaper Folha de S.Paulo reported.
Saturday, August 10th 2019 - 08:05 UTC
Eat less, poop every other day, suggests Bolsonaro, if you want to save the world

Brazilian President Jair Bolsonaro suggested on Friday that people “poop every other day” as a way to save the environment after he came under fire for a surge in deforestation of the Amazon since he came to power.
Saturday, August 10th 2019 - 07:37 UTC
US approved the nomination of Bolsonaro's son as next Brazilian ambassador in Washington

Brazil President Jair Bolsonaro said on Friday the United States has approved the nomination of his son Eduardo as ambassador to Washington.
Saturday, August 10th 2019 - 07:18 UTC
China's Huawei expanding investment plans in Brazil: new plant in Sao Paulo

Huawei Technologies Co Ltd plans to build a US$800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chinese telecom giant ramps up its presence in Latin America despite U.S. objections.
Friday, August 9th 2019 - 10:50 UTC
Bolsonaro describes an Army officer convicted for torture as a “national hero”

Brazilian far-right President Jair Bolsonaro said on Thursday that an Army officer who was convicted of torture during the country’s 1964-1985 military dictatorship was a “national hero.”