Brazil

Monday, April 1st 2019 - 08:44 UTC
Petrobras interested in tendering to explore for oil and gas offshore Israel

Brazilian state-run oil firm Petrobras is considering bidding in a new tender to explore for oil and gas offshore Israel, a leading Israeli financial news website reported on Sunday. Calcalist reported that a final decision could be announced during a four-day visit to Israel by Brazilian President Jair Bolsonaro that began on Sunday.
Monday, April 1st 2019 - 08:40 UTC
Brazil will open a “business office” in Jerusalem; signs several agreements with Israel

Brazil's Foreign Ministry formally announced on Sunday it will open a “business office” in Jerusalem, backtracking on President Jair Bolsonaro's promise to move his country's embassy to Jerusalem.
Monday, April 1st 2019 - 06:21 UTC
HMS Clyde to be transferred to the Brazilian navy at the end of 2019

Brazilian media are reporting that the country is to take over HMS Clyde when the Offshore Patrol Vessel leaves Royal Navy service in the Falkland Islands. The news was reportedly announced during a recent event, “Brazil-United Kingdom Defense Industry Dialogue”, held in the Brazilian Navy Cultural Center in São Paulo.
Monday, April 1st 2019 - 06:20 UTC
Brazilian armed forces paid tribute to the 1964 coup, soberly, despite Bolsonaro's encouragement

Brazil's armed forces on Sunday paid tribute to a 1964 coup leading to a two-decade dictatorship, after far-right President Jair Bolsonaro, who argues that military intervention saved the country from communism, reversed an 8-year-ban on celebrations.
Saturday, March 30th 2019 - 08:37 UTC
Brazilian Judge bars celebration of 1964 military coup that overthrew an elected government

A judge has barred a planned celebration marking the anniversary of the 1964 Brazilian coup which overthrew the democratic government of the elected leader Joao Goulart. President Jair Bolsonaro had planned to celebrate the anniversary of the start of the military dictatorship on Sunday.
Saturday, March 30th 2019 - 08:02 UTC
Brazil central bank cautious as outside shocks and domestic political tension mount

Brazil’s central bank will take its time analyzing the economic impact from an increasing number of shocks from abroad and rising political tension at home that appear to be slowing the government’s reform process, its president said.
Saturday, March 30th 2019 - 07:56 UTC
Travelers scrambling to travel to Brazil following visa requirement changes

Travelers are scrambling to get plane tickets to Brazil now that the country has erased the need for a visa. Australian, Canadian, Japanese and American tourists will no longer need a visa starting June 17, 2019, and a new Kayak survey revealed searches for flights have shown double-digit increases.
Saturday, March 30th 2019 - 07:55 UTC
Brazil's jobless rate rose for the second straight month and stands at 12.4%

Brazil’s jobless rate rose in February for the second straight month, government data showed on Friday, adding to pressure on new President Jair Bolsonaro to reignite a sluggish economic recovery.
Saturday, March 30th 2019 - 07:27 UTC
Brazil's Justice: Michel Temer hit with new corruption charges

Brazil's former president Michel Temer was hit with corruption charges on Friday, just a day after being charged in a separate graft case, the federal prosecutors office in Rio de Janeiro said.
Thursday, March 28th 2019 - 09:31 UTC
As Bolsonaro's influence wanes, Congress more demanding and minister Guedes ready to resign

Brazilian President Jair Bolsonaro and his economy minister tried to rescue their contentious pension reform bill on Wednesday, as deepening political chaos surrounding the government’s signature proposal slammed Brazilian markets.