Brazil

• Saturday, December 11th 2021 - 09:20 UTC

  Brazil 12 month inflation in November at an eighteen year record of 10,74%

  

  Brazil's November inflation reached the highest in eighteen years, 10,74%, almost three times this year's central bank target (3,75%), but the rising trend seems to be flattening, according to the national stats office.

• Friday, December 10th 2021 - 09:56 UTC

  Brazil raised the benchmark interest rate to 9,25% to try and contain inflation

  

  Brazil's Central Bank raised its benchmark interest rate 150 basis points for the second time running to 9,25%, the highest since 2017, in an effort to contain growing inflation.

• Friday, December 10th 2021 - 09:26 UTC

  Bolsonaro insists he is not in favor of mandatory vaccination cards for tourists

  

  Brazilian President Jair Bolsonaro once again insisted on his stance regarding compulsory COVID-19 vaccination certificates for arriving foreign travelers, which sparked a new controversy with São Paulo State Governor João Doria.

• Friday, December 10th 2021 - 09:19 UTC

  Getting jailed for being a journalist on the rise, CPJ reports

  

  The Committee to Protect Journalists (CPJ) Thursday denounced that the number of journalists jailed for their reporting work has reached a historic Zenit in 2021, with 293 of them imprisoned worldwide, 50 of whom were in China.

• Friday, December 10th 2021 - 08:58 UTC

  Living conditions of Brazilians has deteriorated under Bolsonaro, study says

  

  A survey released this week has shown that the overall living conditions of Brazilians under President Jair Bolsonaro has taken a turn for the worse, which would account for the drop in his approval ratings, which do not make him the favorite to win next year's elections.

• Thursday, December 9th 2021 - 23:36 UTC

  Argentina's land borders with Brazil, Uruguay set for full reopening

  

  The Government of Brazil will reopen its land border crossings to/from Argentina as of this coming Saturday, according to Buenos Aires' Ambassador to Brasilia Daniel Scioli.

• Thursday, December 9th 2021 - 21:49 UTC

  Brazil: Pele hospitalized for further cancer treatment

  

  Brazilian football legend Edson Arantes do Nascimento, better known as Pelé, has been admitted Wednesday into the Albert Einstein Clinic in São Paulo for further treatment of a colon tumor. He was said to be “stable.”

• Thursday, December 9th 2021 - 09:57 UTC

  No face-to-face Mercosur Summit, Bolsonaro decides

  

  Brazilian President Jair Bolsonaro Wednesday decided that the upcoming Mercosur Summit, scheduled for Dec. 16 and 17, which was to be the first in a long while under the old face-to-face format, has been reshaped to be held virtually like most recent ones.

• Thursday, December 9th 2021 - 09:50 UTC

  Brazil announces health pass requirement, minister refuses to call it so

  

  The Brazilian Government of President Jair Bolsonaro, known for his personal stance in favor of freedom of choice regarding COVID-19 vaccination, has announced arriving travelers who have not been immunized will be put through mandatory quarantine.

• Thursday, December 9th 2021 - 09:30 UTC

  Brazil working to create a price stabilization fund for gasoline, diesel and LNG

  

  The Brazilian government in coordination with Congress are working on the creation of a price stabilization fund for fuels in an attempt to isolate the country from the volatility of international prices of oil and refined products. The fund is to be financed mainly with a tax on oil exports, helping with stability to domestic prices of gasoline, diesel and liquid gas.