Brazil

Monday, May 8th 2017 - 21:57 UTC
Brazilian economy expected to begin takeoff in the first quarter

Brazil's economy will post growth of between 0.7% and 0.8% in the first quarter, turning the corner on a two-year recession, Finance Minister Henrique Meirelles said this week. In an interview with GloboNews cable channel, Meirelles said Brazilian companies will have to start to restock inventories and draw up investment plans.
Saturday, May 6th 2017 - 11:36 UTC
Brazil sacks head of indigenous affairs agency; the long arm of agri-business?

Brazil's government on Friday sacked the head of its agency handling indigenous issues, a week after 13 members of one tribe were wounded in a bloody attack by ranchers in a land dispute.
Friday, May 5th 2017 - 10:39 UTC
Eight Isis sympathizers jailed in Brazil; they planned chemical attacks during 2016 Olympic Games

Eight Isis sympathizers in Brazil have been jailed for plotting chemical attacks during the 2016 Olympics in Rio de Janeiro. All the men were Brazilian nationals, who were also accused of promoting militant activities on the internet. The accused men were being monitored by the FBI and found to be trying to make contact with the Islamist militant group to pledge allegiance with them.
Thursday, May 4th 2017 - 06:36 UTC
Two weeks of ”Think Brazil” in UK, a showcase of business possibilities between the two countries

May is set to be the Brazil month in the United Kingdom. During two weeks (10-19), the Brazilian Government, through its Ministry of Foreign Affairs and its Embassy in London, and the British Government, through its network in Brazil of Consulates and the Embassy, will bring to London and other UK cities a program full of cultural activities, business meetings and institutional encounters.
Thursday, May 4th 2017 - 05:44 UTC
Petrobras reveals Libra field achieves a breakeven price of US$ 35/bbl

Brazil's oil and gas company Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras revealed collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price.
Wednesday, May 3rd 2017 - 06:53 UTC
Mastermind of Lula's corruption cases temporarily released from jail

Brazil's Supreme Court on Tuesday ordered the release from prison of Jose Dirceu, who was convicted of graft-related crimes after serving as cabinet chief of ex-president Lula da Silva. Dirceu has been detained since 2015 in connection to a vast corruption scheme known as Car Wash.
Wednesday, May 3rd 2017 - 06:37 UTC
Sweep against crime gangs in Rio triggers shooting and setting buses and trucks on fire

Brazilian military police launched a major anti-crime operation in northern Rio de Janeiro on Tuesday, arresting dozens of men and confiscating automatic rifles in a sweep that led gang members to burn public buses and left the city that hosted last year's Olympics on edge.
Saturday, April 29th 2017 - 08:15 UTC
Brazil general strike ends with riots and arson; Temer says he will continue with labor and pensions reforms

Violence has erupted in Brazil at the end the country's first general strike in more than 20 years. Buses and cars have been set on fire in Rio de Janeiro's city centre while roads blocks set up by activists were also ablaze and some shops were vandalized.
Friday, April 28th 2017 - 17:28 UTC
General strike in Brazil to protest changes to labor laws and pensions system

Public transport largely came to a halt across much of Brazil on Friday as protesters blocked roads and scuffled with police in a general strike to protest proposed changes to labor laws and the pension system. It is the first general strike in over two decades.
Friday, April 28th 2017 - 17:23 UTC
Brazil hit by record 13.7% unemployment in March, 14 million out of a job

Brazil's jobless rate rose to a record for the fifth straight month in March with more than 14 million workers unemployed, government data showed on Friday, illustrating the hardships caused by the country's deepest recession ever.