Brazil

• Friday, January 5th 2018 - 10:36 UTC

  Temer dressed in jogging gear said he was “fully recovered”

  

  Brazil’s President Michel Temer appeared keen to demonstrate on Thursday he had recovered from his latest bout of ill health, inviting the press to photograph him during a brisk walk in a Brasilia park. Temer, 77, last month underwent a “minor surgical procedure” to resolve a urethral obstruction at the Sirio-Libanes Hospital in Sao Paulo.

• Friday, January 5th 2018 - 10:15 UTC

  Mysterious death of at least 88 grey dolphins on the coast of Rio do Janeiro state

  

  Environmentalists in Brazil say they are trying to figure out why more than 80 gray dolphins have died in less than a month on the coast of Rio de Janeiro state. A statement from the Gray Dolphin Institute says the dolphins died over past 17 days in the Bay of Sepetiba, a coastal district about 70 kilometers west of Rio de Janeiro. The institute is an NGO that monitors and strives to protect the dolphins.

• Friday, January 5th 2018 - 10:00 UTC

  Controversy in Brazil for self imposed ban on sea food exports to Europe

  

  The Brazilian aquaculture association Peixe BR criticized the temporary suspension of fish and shellfish exports to the European Union (EU) self-imposed by the Brazilian government. The entity which represents more than half of the Brazilian production of farmed fish argued that “without doubt, this is bad news, but it can't be said that it is unexpected or that it has been a surprise for the Brazilian authorities”.

• Thursday, January 4th 2018 - 09:34 UTC

  Brazilian Industry minister steps down; he's expected to run for Congress

  

  Brazilian Industry Minister Marcos Pereira resigned on Wednesday, becoming the third cabinet minister to quit in a month.

• Thursday, January 4th 2018 - 09:18 UTC

  Petrobras agrees to pay US$ 2.95bn to settle class action suit in New York

  

  Petrobras has agreed to pay US$2.95 billion to settle a class action suit in New York brought on behalf of investors harmed by a huge corruption scandal at the Brazilian state oil giant, the company said on Wednesday.

• Wednesday, January 3rd 2018 - 10:33 UTC

  Private operators take over Brazil's Fortaleza and Porto Alegre airports

  

  Fraport Brasil (a wholly-owned subsidiary of Fraport AG) started operations at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA).

• Wednesday, January 3rd 2018 - 10:12 UTC

  Brazil finished 2017 with a record trade surplus of US$ 67bn

  

  Brazil's road to economic recovery has passed another milestone with official data showing on Tuesday that the country finished 2017 with a record trade surplus 40.5% higher than in the previous year. The US$67 billion surplus was in line with market projections and within the US$65/70bn range forecast by the government.

• Wednesday, January 3rd 2018 - 06:55 UTC

  Brazil purchases Royal Navy's fleet flagship helicopter carrier, HMS Ocean

  

  Brazil has now confirmed the purchase of British helicopter carrier HMS Ocean, according to a report in the UKdefensejournal. “We were informed by a source in the Brazilian defense community that the vessel has been sold for £84 million. Roberto Lopes has informed us that the purchase of HMS Ocean by the Brazilian Navy was confirmed within the last week by Brazilian Defense Minister Raul Jungmann”.

• Sunday, December 31st 2017 - 10:32 UTC

  Temer paves the way for the privatization of jumbo power company Electrobras

  

  Brazilian President Michel Temer signed a measure that paves the way for the privatization of Eletrobras, Latin America’s largest power company, according to a government official.

• Sunday, December 31st 2017 - 10:27 UTC

  Brazil denies any hypothesis of credit rating downgrade

  

  “The government does not work on the hypothesis of a rating downgrade by the main credit rating agencies”, said Brazil's Treasury Secretary Ana Paula Vescovi during an interview to release the primary results of the Central Government.