Brazil

• Thursday, August 16th 2018 - 22:42 UTC

  Brazil corn production next season could reach a first time 100m tons

  

  Brazilian farmers are expected to plant a record amount of soybean acres this coming season, encouraged by strong demand from China, and yield a record harvest next year, consultancy Céleres said in its first forecast for the new cycle. The next crop cycle in Brazil, the world's No. 1 soybean exporter, begins in September.

• Thursday, August 16th 2018 - 21:15 UTC

  Brazilian food giant JBS hit by a surge in feed costs and trade conflicts

  

  Brazilian food company JBS SA would need to raise product prices by another 7% at its processed foods division Seara to offset a surge in feed costs, executives said on Wednesday. Seara raised prices by 3% in the second quarter, the executives said on a conference calls with analysts to discuss second-quarter results.

• Thursday, August 16th 2018 - 15:43 UTC

  Brazilian economy contracts 0.99% in second quarter because of truckers strike

  

  Brazil's economy contracted nearly one percent in the second quarter due to a truckers' strike, the country's Central Bank said on Wednesday. The nine-day strike that ended in late May caused fuel shortages, cut into food deliveries and backed up exports.

• Thursday, August 16th 2018 - 10:56 UTC

  A defiant Workers Party registers Lula da Silva as presidential candidate

  

  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.

• Wednesday, August 15th 2018 - 07:30 UTC

  There Is a Right-Wing Coup Underway in Brazil, but Justice will prevail

  

  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.

• Wednesday, August 15th 2018 - 07:27 UTC

  Supporters of Lula march on Brasilia to converge at the Supreme Electoral Court

  

  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.

• Tuesday, August 14th 2018 - 07:25 UTC

  Pentagon chief in Brazil and Argentina to strengthen bilateral relations

  

  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.

• Monday, August 13th 2018 - 21:13 UTC

  Brazil's development bank plans to sell US$ 2.6bn stakes in local companies

  

  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.

• Monday, August 13th 2018 - 07:19 UTC

  UK embassy supporting program to help Brazil's energy goals

  

  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.

• Monday, August 13th 2018 - 06:29 UTC

  Brazil: Smartphones and tablets surpass Internet banking for the first time

  

  The mobile channel has surpassed Internet banking for the first time in Brazil, according to statistics from the Brazilian Central Bank.