A former communist militant Cesare Battisti has admitted to four murders in Italy during the 1970s, according to local press. Battisti, 64, spent decades on the run and previously denied any involvement. He was arrested in Bolivia in January after living in Brazil, and later extradited to Italy.Add your comment!
Brazilian appeals court judge on Monday released former President Michel Temer from jail following his high-profile arrest on graft charges last week, which marked a fresh landmark in the country’s battle against political corruption.2 comments
Brazilian President Jair Bolsonaro said his country “does not owe the world anything” when it comes to the environment. The far-right leader, who is critical of the Paris climate change accord, was speaking in Chile following Friday’s launch of the Forum for the Progress of South America (PROSUR), a conservative-minded group of South American leaders.Add your comment!
Brazilian stocks fell sharply on Friday as the arrest of the country’s former president, Michel Temer, sparked worries that government debate over key fiscal reforms may be delayed.1 comment
Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.Add your comment!
Privately owned Brazilian agribusiness group Itaquere has filed for bankruptcy protection to restructure 482 million reais (US$ 127 million) of debt, according to a letter from management reported in the media.Add your comment!
South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”8 comments
A Brazilian appeals court will decide on Wednesday whether to grant a request for the release of former President Michel Temer, a judge at the court said on Friday. Judge Ivan Athié said that the Regional Federal Court of the 2nd Region (TRF-2) will decide on the petition by Temer's defense.1 comment
Brazil's interest rates remained unchanged on Wednesday after the central bank held its first monetary policy meeting under its new chief Roberto Campos Neto. The central bank's unanimous decision -- only the second since pro-business President Jair Bolsonaro took power in January on a promise to revive Latin America's biggest economy -- to keep rates at 6.5% was in line with market expectations.1 comment
The Brazilian government wants trade to represent 30% of the country’s gross domestic product by the end of 2022, with one official saying on Wednesday it will get there on the back of President Jair Bolsonaro’s liberalization plans.1 comment