European companies are urging the European Union to accelerate trade negotiations with Mercosur bloc, in a sign of concern that the 20-year talks could once again fall dormant if they do not reach an accord this week.
The chief justice of a Brazilian appeals court blocked another judge’s efforts to release imprisoned former president Luiz Inacio Lula da Silva on Sunday, in a legal battle over the country’s most popular politician ahead of an October election.
Jailed former Brazil president Lula da Silva has decided to cease commenting on the World Cup for Brazilian television to avoid breaking election rules. The 72-year-old leftist politician was the front-runner for October's presidential elections until his incarceration in April after being convicted of accepting a bribe from Brazilian construction company OAS.
Brazil's Supreme Court (STF) Justice Edson Fachin has referred the appeal filed by the former president Lula da Silva's defense team to the full court. The ruling is expected for August, after the recess of the Brazilian judiciary.
Brazil's Supreme Court has cancelled a ruling set for Tuesday on an appeal by former president Luiz Inacio Lula da Silva to be freed from prison while he attempts to overturn his corruption sentence.
Ex president Lula da Silva is serving a 12-year sentence for corruption in Curitiba, but as all Brazilians loves football, the national sport, and has been contracted as a commentator for the World's Cup in Russia.
Brazilian presidential candidate Ciro Gomes has sounded out steelmaking tycoon Benjamin Steinbruch as a possible vice presidential running mate in October and allegedly he would join the ticket if invited.
Brazilian President Michel Temer said on Thursday there was no risk of a currency crisis in Latin America's largest economy despite sharp falls in the exchange rate, while the central bank chief pledged to maintain the bank's intervention in the market.
Far-right presidential candidate Jair Bolsonaro is the clear frontrunner in Brazil’s election in October with up to 25% of voter support, followed by center-left populist Ciro Gomes with 12%, a new poll revealed on Tuesday.
The growth of manufacturing activity in Brazil slowed for a second straight month in May, a private survey showed on Friday, a sign that a weaker currency and political uncertainty are taking a toll on Latin America's largest economy.