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MercoPress, en Español

Montevideo, July 14th 2025 - 14:06 UTC

Brazil

  • Friday, June 8th 2018 - 08:28 UTC

    China plans temporary anti-dumping measures on Brazilian broilers

    Brazil accounted for more than 50% of broiler products supplied to China, world’s No. 2 poultry consumer, between 2013 and 2016, the commerce ministry said

    China will impose temporary anti-dumping measures on Brazilian broiler chickens from June 9, the commerce ministry said on Friday, after finding in a preliminary ruling that its domestic industry has been substantially damaged by the imports. Local firms buying Brazilian chicken will be required to pay deposits ranging from 18.8% to 38.4% of the value of their shipments, the ministry said in a statement. The measures cover products supplied by top Brazilian exporters JBS and BRF.

  • Friday, June 8th 2018 - 08:25 UTC

    Brazil launches massive package of soft loans for agriculture, US$ 51.13bn

    The loans and credit lines will be accessible to producers starting July 1 and through June 30, 2019, Maggi said

    Brazil announced on Wednesday evening that it has earmarked up to 194.3 billion Reais or US$ 51.13bn in loans to promote large and medium-sized agricultural producers. At a ceremony in the capital Brasilia, President Michel Temer and his Agriculture Minister Blairo Maggi unveiled the government's “2018-19 Agriculture and Cattle Ranching Program”, which devotes slightly more resources to the sector than last year's 190.25 billion Reais (US$ 50.06 billion).

  • Thursday, June 7th 2018 - 09:04 UTC

    Brazilian currency falls amid rising investor worries and political turmoil

    Driving the currency’s decline are apprehension over recent labor unrest, shaky economic growth and a presidential election slated for October.

    The Brazilian currency has fallen to its lowest level against the dollar in more than two years, amid rising investor worries over recent economic and political turmoil. The Real is down 14% this year, near its lowest levels since March 2016. On Wednesday in New York, the dollar bought 3.8534 Reais, versus 3.8087 Reais late Tuesday.

  • Thursday, June 7th 2018 - 08:53 UTC

    With Lula out of the presidential race, far-right candidate Bolsonaro is the clear frontrunner

    The former army captain Bolsonaro says he would include generals in his cabinet and allow police to shoot criminals dead if they are fired at.

    Far-right presidential candidate Jair Bolsonaro is the clear frontrunner in Brazil’s election in October with up to 25% of voter support, followed by center-left populist Ciro Gomes with 12%, a new poll revealed on Tuesday.

  • Wednesday, June 6th 2018 - 08:38 UTC

    Brazil industrial production returned to positive growth during April

    April reported good returns for oil derivatives and bio-fuels, up 5.2%, while automotive production grew by 4.7%.

    Brazilian industrial production increased 0.8% in April, marking a return to positive growth after dropping by 0.1% in March, the government announced on Tuesday. According to the report by Brazil's statistics bureau, IBGE, the industrial sector has grown 4.5% so far in 2018.

  • Wednesday, June 6th 2018 - 08:32 UTC

    Brazil declared by OIE free of FMD with vaccination

    OIE Director general Monique Eloit delivered the certificate to Blairo Maggi, Brazil’s minister of Agriculture, Livestock and Food at OIE headquarters in Paris

    The World Organization for Animal Health (OIE) has officially declared Brazil as a country free from Foot-and-Mouth Disease (FMD) with vaccination. The decision for this occurred late May, in Paris. The decision took place after approval last year from the OIE’s scientific committee, which is constituted by 181 member states.

  • Wednesday, June 6th 2018 - 08:27 UTC

    Brazil's central bank survey lowers 2018 growth forecast to 2.18%

    The downgrade was blamed on a slower than expected rate of economic recovery and crippling truckers' strikes in May

    Brazil's financial market has downgraded its 2018 economic growth forecast from 2.37% to 2.18%, according to a Focus poll released on Monday by the Central Bank. Four weeks ago, a similar survey of the country's leading financial institutions showed GDP was expected to expand 2.7%.

  • Wednesday, June 6th 2018 - 08:19 UTC

    Brazil's trade surplus in May reached US$ 5.981 billion

    There was an increase of 18.4% in basic exports, while sales of manufactured and semi-manufactured goods fell 17.3% and 9.5%, respectively.

    Brazil's trade balance recorded a US$ 5.981 billion surplus in May, resulting from US$ 19.224 billion in exports and US$ 13.260 billion in imports, said the Ministry of Industry, Foreign Trade and Services (MDIC).

  • Tuesday, June 5th 2018 - 07:50 UTC

    Walmart leaving Brazil after 22 years: 80% takeover by Advent

    Walmart's Brazilian operation started up 22 years ago and employs 55,000 people in 438 stores.

    Walmart gave no price for the transaction, in which Advent takes an 80% stake in Walmart Brazil and leaves Walmart with 20%. But the Arkansas-based mega retailer said it would take a US$ 4.5 billion charge on the deal in the second quarter, much of that related to cumulative foreign exchange losses.

  • Monday, June 4th 2018 - 08:13 UTC

    Brazilian manufacturing activity slows down for second month in May

    New orders slowed for a third straight month, suggesting growing uncertainty around this year's presidential elections are weighing on demand

    The growth of manufacturing activity in Brazil slowed for a second straight month in May, a private survey showed on Friday, a sign that a weaker currency and political uncertainty are taking a toll on Latin America's largest economy.