Brazil's president-elect Jair Bolsonaro on Tuesday said he wants an agreement with Israel to build desalination plants in the parched north where droughts are frequent. In a message on Twitter, Bolsonaro, who is to take office on Jan. 1, said his appointed Science and Technology Minister Marcos Pontes will travel to Tel Aviv in January to meet with his Israeli counterpart over the matter.
Argentina, Brazil and India lead the prospects of an economic recovery, according to Michael Hasenstab of Templeton Global Bond Fund Management.
Brazil's Presdient-elect Jair Bolsonaro will not welcome any Nicaraguan delegation at the inauguration ceremony in Brasilia on January 1, his future Foreign Minister Ernesto Araújo announced on Twitter.
A Brazilian judge Thursday blocked yet again the merger of the commercial division of Embraer with Boeing, despite a joint announcement to the contrary a few days ago.
Brazil’s future economy minister wants state development bank BNDES to return 100 billion Reais, some US$25.7 billion, to the nation’s treasury in 2019, a newspaper reported, as the incoming government seeks to cut the nation’s hefty debt load.
Brazil's attorney general has accused President Michele Temer of sitting at the center of an institutionalized system of corruption and has asked the courts to charge him with crimes as soon as he leaves office at the year's end.
Brazilian Federal Police raided the home of Science and Technology Minister Gilberto Kassab on Wednesday following accusations that he received millions in bribes from the JBS food company between 2010 and 2016.
Brazil's former president Lula da Silva remained in prison on Wednesday as two Supreme Court judges issued competing orders over whether he should be released while he tries to get his graft conviction overturned.
Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.
The presidents of all Mercosur member and associate countries gathered Tuesday in Montevideo for a summit to redefine the bloc's future, in light of recent statements from Brazil's future government that the region will not be among the priorities of Jair Bolsonaro when he becomes president on January 1.