Thanks to an alliance between the British Embassy and Corpartes, renowned British theatre company The Globe will present William Shakespeare’s ‘Much ado about nothing’ at the Centro de las Artes 660 / CA660 in Santiago de Chile. The play will be on stage from 9 to 11 October, sponsored by the British government’s GREAT Campaign.
Petrobras struggling with the biggest debt load among global oil firms, on Monday cut $11 billion from capital spending plans for this year and next as Brazil's currency and oil prices slump. Petrobras plans to cut 2015 investment by 11% to $25 billion from the previous $28 billion, according to a statement.
Brazil's attorney general argued on Sunday for the removal of a judge overseeing an investigation of embattled President Dilma Rousseff's accounts, a last-minute attempt to avoid a ruling that could lead to her impeachment.
The organisers of the Rio 2016 Olympic and Paralympic Games are making cutbacks of up to 30% to avoid going over the $3.6bn dollars budget. Rio 2016 communications director Mario Andrada said the Brazilian public would not tolerate an overspend.
Economists again cut their outlook for Brazil's economic performance for this year, as consumer and business confidence continue at historic low levels. Brazil's GDP is expected to contract 2.85% this year, according to a weekly central-bank survey of 100 economists, compared with expectations last week for a contraction of 2.80%.
Agricultural expansion is the chief contributing factor to the deforestation of Brazilian ecosystems and has accelerated in recent years, according to an official study released last week.
A group of lawmakers called for the resignation of the speaker of Brazil's lower house of Congress, Eduardo Cunha, after Switzerland provided Brazilian prosecutors with details of Swiss bank accounts in his name.
Brazilian President Dilma Rousseff on Friday announced a Cabinet reshuffle that reduces the number of posts from 39 to 31 and gives a more significant role to the Brazilian Democratic Movement Party, or PMDB, the country's biggest and a key ally of her Workers' Party.
Brazil largest party, main ally and pillar of President Dilma Rousseff's fragile coalition said it was “110% satisfied” with the changes announced on Friday: reducing cabinet posts from 39 to 31, slashing thousands of coveted jobs for political appointees and cutting her salary and that of the vice president by 10%.
Brazilian President Dilma Rousseff's approval ratings languished in September, held down by the country’s economic and political crises, as her opposition in Congress considers opening impeachment proceedings.