Politics

• Wednesday, October 16th 2019 - 18:10 UTC

  Brazil following closely the Vatican does Synod fear bad international press

  

  A Brazilian diplomat said last week that the administration of President Jair Bolsonaro doesn’t fear the Synod of Bishops for the Amazon taking place this month at the Vatican, but that the Catholic bishops “involuntarily reinforce the campaign of the European lobbies, who are very afraid of the competition of Brazilian agriculture.”

• Wednesday, October 16th 2019 - 17:54 UTC

  Brazilians allowed to double purchases in duty free shops to US$ 1.000

  

  Brazilian Minister of Economy, Paulo Guedes, signed a resolution on Monday raising the limit of purchases in duty-free shops from US$ 500 to US$ 1,000. The new value for purchases from foreign and domestic airports and border free shops, starts January 1, 2020.

• Wednesday, October 16th 2019 - 09:14 UTC

  FIFA pledges stiffer punishments globally for racist incidents

  

  Soccer body FIFA on Tuesday said it may extend punishments globally after racist incidents, including monkey chants directed at black players, marred a match between Bulgaria and England.

• Wednesday, October 16th 2019 - 09:09 UTC

  EU Parliament equates communism with Nazism triggers a torrent of complaints

  

  A number of communist parties, as well as progressive sections in Europe, have condemned a controversial resolution passed by the European Parliament in September.

• Wednesday, October 16th 2019 - 08:54 UTC

  Mercosur expects to conclude trade deals with Singapore and South Korea next year

  

  Mercosur aims to conclude free trade agreements Singapore and South Korea by next year, as it also eyes deals with several other Asian countries, a Brazilian diplomat said on Tuesday.

• Wednesday, October 16th 2019 - 08:35 UTC

  Brazil looking to a dynamic holiday season and temporary jobs

  

  Brazil's National Trade Confederation (CNC) announced that they expect 91,000 temporary jobs will be created in the upcoming holiday season. The figure is the highest estimated in the past six years and, if confirmed, will represent a 4% increase year-on-year.

• Wednesday, October 16th 2019 - 08:32 UTC

  US Lower House passes bills in support of Hong Kong protestors and criticizing Beijing

  

  The US House of Representatives on Tuesday (Oct 15) passed four pieces of legislation taking a hard line on China, three related to protests in Hong Kong and one commending Canada's government in a dispute over the extradition of an executive from Huawei.

• Wednesday, October 16th 2019 - 08:10 UTC

  A “ghost ship” smuggling Venezuelan oil probable cause of the massive spill along Brazilian northeast beaches

  

  A huge oil spill off Brazil's northeastern coast may have involved a “ghost ship” carrying Venezuelan oil in breach of US sanctions, a Petrobras expert close to the probe into the disaster said on Tuesday.

• Wednesday, October 16th 2019 - 08:01 UTC

  Roche family member claims “short term profit maximization has destroyed the planet”

  

  A member of Swiss drug-maker Roche's controlling family said that short-term profit maximization has “destroyed the planet” and the world needs a new breed of capitalism putting long-term interests first.

• Wednesday, October 16th 2019 - 07:51 UTC

  Fitch Ratings has LATAM sovereigns on the watch list

  

  One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to the latest from Fitch Ratings.