Brazil’s current account deficit doubled last year as economic growth fueled demand for foreign goods and services, while foreign investment reached its highest share of GDP since 2001, the central bank said on Monday.
The Brazilian prosecutor running talks to settle a lawsuit over a 2015 tailings dam rupture at the Samarco mine says the deadly dam burst at the mine run by Vale in Brumadinho could scramble those sensitive negotiations.
Grief over the hundreds of Brazilians feared lost in a mining disaster on Friday has quickly hardened into anger as victims' families and politicians say iron ore miner Vale SA and regulators have learned nothing from the recent past.
Brazil is poised to export more corn than soybeans for the first time in a year this January, although sales of the oilseed remain high for the period, according to government and shipping data.
Brazil's new right-wing President Jair Bolsonaro will undergo surgery on Monday in Sao Paulo's Albert Einstein hospital to remove a colostomy bag he has had since he was stabbed on the campaign trail last year, his spokesman said on Friday.
Brazilian rescuers were searching for some 200 missing people after a tailings dam burst on Friday at an iron ore mine owned by Vale SA, the second major dam disaster involving the company in just over three years.
Michelle Bolsonaro, first lady of Brazil, will be subjected to an examination of the Brazilian treasury within an investigation into a series of suspicious transactions involving the president's eldest son, Valor newspaper reported Friday.
With the launch of CNN Brazil, Latin America's biggest TV market is set to be roiled by the entry of a powerful new player looking to challenge the dominance of current leader Globo News. Its arrival, announced this month, comes at a high-voltage time for Brazil as it undergoes an abrupt swerve to the right under President Jair Bolsonaro, a pro-business ultraconservative who took office at the beginning of January.
Brazil's new far-right government on Thursday gave hundreds more public servants the power to keep official records from the public for decades by labeling them secret and ultra-secret. Vice President Hamilton Mourao, standing in while President Jair Bolsonaro was at the World Economic Forum in Davos, signed the decree expanding exceptions within the 2011 transparency law.
Brazilian new passports will no longer have the symbol of Mercosur as currently they do together with those from the other member states, Argentina, Paraguay and Uruguay. The announcement was made by cabinet chief Onyx Lorenzoni, during a press conference in which he anticipated the targets for the first hundred days of president Jair Bolsonaro's administration.