The Workers' Party registered jailed former president Luiz Inacio Lula da Silva as its candidate for president on Wednesday, attempting to muscle him into the race to lead Latin America's largest nation and forcing a showdown with Brazilian electoral authorities.
By Luiz Inácio Lula da Silva (*) Curitiba.- Sixteen years ago, Brazil was in crisis; its future uncertain. Our dreams of developing into one of the world’s most prosperous and democratic countries seemed imperiled.
Supporters of former Brazilian president Lula da Silva marched on Brasilia on Tuesday to support his attempt to take part in presidential elections, despite serving a prison sentence for corruption.
United States Defense Secretary James N. Mattis and Foreign Minister Aloysio Nunes of Brazil met on Monday at the Itamaraty Palace in Brazil to reaffirm the long-standing bilateral relationship between their nations, chief Pentagon spokesperson Dana W. White said.
Brazil's development bank BNDES plans to sell up to 10 billion reais (US$ 2.6 billion) in stakes its investment holding company owns in local companies, a senior executive announced. Investment director Eliane Lustosa said the holding company BNDESPar has already sold 6 billion reais in stocks owned in Brazilian companies this year.
As part of the UK Government’s Prosperity Fund, the British Embassy in Brazil is commissioning a study to assess various options for the governance structure of an Energy Centre to inform and support the Prosperity Fund Energy Program.
The mobile channel has surpassed Internet banking for the first time in Brazil, according to statistics from the Brazilian Central Bank.
The Argentine government will allow companies whose officials are named in a corruption probe to continue work on existing projects and to bid for new ones. Contracts will be honored and companies won’t be punished for what employees may have done, Transport Minister Guillermo Dietrich said in an interview in Buenos Aires.
Brazil’s President Michel Temer signed into law a bill authorizing the government to set minimum truck freight prices, drawing criticism from farm groups who said the measures would drive up costs for food.
Major Latin American currencies fell against the dollar on Thursday as global trade tensions strengthened the greenback and political uncertainty in Brazil and Argentina. Latin America's largest economy heads into a presidential election in two months time and in Argentina a major corruption scandal is unfolding.