Brazil

• Friday, November 9th 2018 - 09:09 UTC

  Bolsonaro vows to investigate Americas largest development bank, Brazil's BNDES

  

  Right-wing President-elect Jair Bolsonaro vowed in a tweet on Thursday to investigate Brazil’s state-run national development bank, BNDES, for corruption by opening its “black box” of secret transactions. BNDES is the largest development lender in the Americas with a loan book larger than the World Bank’s.

• Thursday, November 8th 2018 - 11:54 UTC

  Brazil president elect backtracks on China, Israel, and insists with the pensions' reform

  

  Brazil president-elect Jair Bolsonaro backtracked on some of his more controversial pledges promising to expand trade with China and rethink the idea of moving the country’s embassy in Israel to Jerusalem. Bolsonaro is currently in Brasilia for various meetings with senior officials and transition arrangements.

• Thursday, November 8th 2018 - 10:31 UTC

  Bolsonaro names a woman from the farmers' caucus as Agriculture minister

  

  Brazil’s President-elect Jair Bolsonaro appointed his first female cabinet member on Wednesday evening, picking the head of the farmers’ caucus in the lower house as agriculture minister.

• Thursday, November 8th 2018 - 08:15 UTC

  “Strong market” for Brazilian automakers, but much will depend on Argentina

  

  Automakers in Brazil last month notched their strongest sales in nearly four years, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.

• Thursday, November 8th 2018 - 06:55 UTC

  Brazil future Justice minister Moro pledges to fight organized crime and corruption

  

  The judge who is the most prominent face of Brazil's anti-corruption campaign denied that his appointment as justice minister was a reward for having convicted and jailed a political rival of his new boss.

• Wednesday, November 7th 2018 - 08:55 UTC

  Brazilian inflation to peak in second quarter for 2019, forecasts Central bank

  

  The Brazilian central bank on Tuesday forecast that inflation is likely to peak in the second quarter of 2019 before easing towards its target, adding that underlying inflation was at “appropriate” levels.

• Wednesday, November 7th 2018 - 08:51 UTC

  Bolsonaro wants pension reform passed before he takes office on January first

  

  Brazil’s right-wing President-elect Jair Bolsonaro said on Tuesday that Congress must make some progress this year on a pension reform proposed by the outgoing government before he takes office on January first.

• Tuesday, November 6th 2018 - 15:46 UTC

  Bolsonaro stands by pensions reform bill, says it's a step in the right direction

  

  Brazil's president-elect Jair Bolsonaro was supportive Monday of a pensions reform bill already in the Lower House which is expected to be passed into law before his inauguration January 1.

• Tuesday, November 6th 2018 - 08:17 UTC

  Egypt postpones visit of top Brazilian diplomat allegedly because of the Jerusalem controversy

  

  Egypt has postponed a visit by Brazil's top diplomat, Brazil's foreign ministry said on Monday, in a move that allegedly was due to the President-elect's vow to relocate the yBrazilian embass in Israel to Jerusalem.

• Tuesday, November 6th 2018 - 07:01 UTC

  Lula challenges conviction arguing “proven bias” of Brazil's next Justice minister

  

  Ex Brazilian president Lula da Silva has challenged his corruption conviction, arguing that the judge behind his conviction has “proven his bias” by accepting a cabinet post under a political rival. The petition filed on Monday with Brazil's highest court asks Lula, who is currently serving a 12-year sentence, to be freed and his conviction overturned.