Uruguayan animal health authorities are on the alert following the outbreak of a blue tongue focus among sheep in south Brazil. The outbreak has been located in Santa Maria, in central Rio Grande do Sul, and Uruguay's Agriculture and Livestock ministry has strengthened controls along the border which divides the rich farmland region.
Brazilian president Michel Temer's latest cabinet reshuffle has not been very encouraging or in accordance with his survival abilities so far. In effect the candidate named as future minister of Labor had to reach a debt payment deal with a driver that provided services to the family, and the politician who will be replacing her in Congress was sentenced for raping minors.
Brazilian stocks edged higher to mark a record close on Monday, underpinned by optimism over the nation's fiscal outlook as well as a strong flow of international investment. The benchmark Bovespa stock index continued its climb following a seven-day string of gains.
Where was the best New Year party in the World? At Times Square New York in below zero temperature or on a sunny summer beach day in Rio De Janeiro with 2.4 million happy tourists and locals going wild. On Sunday, December 31st, 2.4 million people gathered on Copacabana’s beach to welcome 2018. According to Riotur, this is the largest audience ever registered in Copacabana’s New Year’s Eve celebration, considered one of the best in the world.
Siemens Gamesa Renewable Energy SA is in final negotiations to supply about 700 megawatts of wind turbines for power plants in Brazil. The deal are to supply equipment for projects that Voltalia SA, EDP Renovaveis SA, Enel Green Power SpA, and Neoenergia SA are developing in northeast Brazil. The orders are all for wind farms that won government-organized power auctions in December.
Brazilian police have requested that President Michel Temer answers 50 questions as part of an investigation into alleged corruption involving a decree regulating the country's ports, a government spokesman said.
A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019.
In a surprise move, the Brazilian government has announced that the era of building big hydroelectric dams in the Amazon basin, long criticized by environmentalists and indigenous groups, is ending.
Brazilian industrial production rose 0.2% in November from a month before, at the same rate as in September and October, surprising market analysts who expected stability. It was the third monthly increase in a row in the industrial output.
Brazilian shareholders of state-controlled Petrobras are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a US$ 2.95 billion settlement, according to lawyers representing them.