Brazil

Tuesday, March 12th 2019 - 09:29 UTC
Leading agriculture traders target Brazilian main grain artery concession

The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country’s grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday.
Tuesday, March 12th 2019 - 09:25 UTC
Intense rains and flash floods killed at least 11 people in Sao Paulo

Intense floods in Latin America's business hub Sao Paulo, which turned roads into rivers and tossed cars atop buildings and into trees, have killed at least 11 people, with authorities bracing for more rain.
Saturday, March 9th 2019 - 07:55 UTC
Bolsonaro praises Brazilian military as the ultimate arbiters of democracy

Brazil’s far-right president described the country’s armed forces, which led the country under a military dictatorship for over two decades, as the ultimate arbiters of democracy. Speaking at a naval event in Rio de Janeiro alongside some of the former generals who sit in his cabinet, Jair Bolsonaro praised Brazil’s military.
Thursday, March 7th 2019 - 09:53 UTC
Argentina and Brazil markets open Wednesday with steep losses

Latin American stocks hovered near 2019 lows on Wednesday led by steep losses in Argentina and Brazil which resumed trading after a two-day Carnival holiday, while currencies of oil exporters in the region fell as crude prices came under pressure. MSCI's index of Latin American stocks fell 1.3%, tracking losses across the region, barring Chile and Colombia which ended higher.
Thursday, March 7th 2019 - 08:48 UTC
Bolsonaro points to Carnival excesses and triggers Twitter controversy

Brazil's President Jair Bolsonaro has provoked controversy by posting an obscene video of two revelers at Carnival, saying he wanted to reveal the truth about the festival. The clip posted on Twitter shows two men engaging in sex acts on top of a taxi shelter during a street party.
Wednesday, March 6th 2019 - 08:26 UTC
Brazil posts a fiscal surplus in January, but public finances remain fragile

The Brazilian government posted a fiscal surplus of 46.9 billion reais (US$ 12.5 billion) in January, the central bank said, above forecasts but unchanged from a year earlier. In Brazil, January is traditionally marked by higher tax revenues and lighter spending, so these figures do not change the fragile outlook for public finances, analysts said.
Tuesday, March 5th 2019 - 10:54 UTC
Falklands trip: “strongest experience of my life; it opened my head in several aspects”

“An incredible experience, the strongest of my life, it opened my head in several aspects”, said Nicolás Aguiar, the Argentine 24 year old international-relations student who spent a week in the Falkland Islands as a guest of the local government.
Tuesday, March 5th 2019 - 10:15 UTC
Busy month of overseas trips for Bolsonaro: United States, Chile and Israel

Brazilian President Jair Bolsonaro will pay his first official visits to the United States, Chile and Israel this month, in a clear sign of the alliances the far-right leader wants to shore up, official sources said.
Monday, March 4th 2019 - 21:44 UTC
Vale's top executives removed following the collapse of a dam that killed 300

The head of Brazil's Vale mining giant has stepped down following the collapse of a dam which killed at least 186 people in the town of Brumadinho. Fabio Schvartsman and several other executives asked to be removed after prosecutors called for their dismissal.
Monday, March 4th 2019 - 21:39 UTC
Brazil's 2018/19 soy exports forecasted to decline : smaller crop and domestic prices higher

Brazil’s soybean exports are expected to come in 14-18% down on the year in 2019 due to lower production and reduced buying by China, industry reports showed.