
A Brazilian man facing allegations of bribing officials at state-run oil company Petrobras on behalf of Vitol Group, Glencore and other major oil trading firms has been arrested in the United States, authorities said Tuesday.

Car and light truck sales in Brazil went up 13.6% in 2018 from the previous year, cementing the industry’s gradual recovery from a deep recession. Brazil was one of the world’s five biggest auto markets until a recent downturn and, despite last year’s growth, numbers remain lower than at their peak in 2012.

Brazil’s Economy Ministry denied that the government would pay US$ 14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off the Brazilian coast known as the transfer-of-rights area.

The Sao Paulo Shimbun newspaper has printed its final edition, ending a 72-year run as a vital reference point and voice for Brazil’s several million Japanese community — the largest in the world outside of Japan.

The head of Brazil's environmental protection agency has resigned following criticism from the country's newly inaugurated far-right President Jair Bolsonaro.

The new government in Brazil, headed by President Jair Bolsonaro, has initiated the process of firing any “communists” and socialists working as contractors in government departments contending those holding opposition ideological views cannot properly execute its goals.

Export sales by Brazilian meat processors lagged last year as trade bans and a domestic truckers’ strike weighed on their ability to serve major customers like Russia and the European Union, according to data released by trade group ABPA.

The attacks and fire-bombings sweeping Brazil's northeastern state of Ceara continued unabated Sunday despite the deployment of at least 300 members the elite, military-style National Police Force to help bring an end to the violence.

Estimates of corn and soybean production in Brazil and Argentina remain unchanged from private analytics IEG vantage last monthly report. The firm projected Brazil’s 2018/19 soybean crop at 122 million tons and Argentina’s crop at 56.5 million tons.

Brazil’s new President Jair Bolsonaro said that he would be open to the possibility of the United States operating a military base on his country’s soil, a move that would form a sharp shift in direction for Brazilian foreign policy.