Tag: Brazil

Monday, November 19th 2018 - 17:30 UTC
Brazilian born Nissan boss arrested in Japan

Japanese authorities have arrested Carlos Ghosn, chairman of the Nissan Motor Co., Renault SA and Mitsubishi Motors Corp., for allegedly understating his personal income on financial statements thus violating the country's financial law, it was reported Monday.
Monday, November 19th 2018 - 16:36 UTC
Castello Branco to head Petrobras under Bolsonaro

Brazilian President-elect Jair Bolsonaro's future Economy Minister Paulo Guedes Monday announced Economist Roberto Castello Branco has accepted the invitation to become the next Petrobras chairman.
Monday, November 19th 2018 - 08:16 UTC
UK promoting trade and investment in Brazil and Chile

British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.
Thursday, November 15th 2018 - 20:49 UTC
Orthodox liberal nominated to Brazil's central bank, Roberto Campos Neto

Economist Roberto Campos Neto has accepted an invite to become the head of Brazil's central bank under the government of the incoming president, Jair Bolsonaro, the nation's future economy minister said in a statement on Thursday.
Thursday, November 15th 2018 - 08:57 UTC
Bolsonaro nominates expert in US affairs as Brazil's next foreign minister

Brazil's president-elect Jair Bolsonaro on Wednesday named as foreign minister a career diplomat who currently heads the ministry's United States and Canada department. Ernesto Araujo, 51, was an early supporter of the far-right leader, and courted controversy when he referred to members of the left-wing opposition as “terrorists.”
Wednesday, November 14th 2018 - 10:19 UTC
Military “lobby” expected to add a new minister in president elect Bolsonaro's cabinet

Brazil president elect Jair Bolsonaro is expected to name another member of the military group backing him, retired General Oswaldo Ferreira, former head of the army engineers corps, as his Transportation minister in charge of improving Brazil's anemic national infrastructure.
Wednesday, November 14th 2018 - 10:02 UTC
Bolsonaro nominates former General as Brazil's defense minister

Brazilian President-elect Jair Bolsonaro appointed retired army General Fernando Azevedo e Silva as defense minister on Tuesday, adding another former military officer to his cabinet while saying that a career foreign service officer may get the top diplomat's job.
Wednesday, November 14th 2018 - 08:17 UTC
Main shareholders of Brazil's largest meat processor charged with corruption have been released

Brazil’s top appeals court has ordered the release of one of meat processor JBS’ controlling shareholders, Joesley Batista, and Ricardo Saud, a lawyer for J&F Investimentos, which controls JBS. Both were arrested on Friday in an investigation into illegal campaign contributions and alleged bribery of government officials.
Tuesday, November 13th 2018 - 10:42 UTC
Bolsonaro's economic team incorporates another Chicago orthodox liberal

Joaquim Levy, managing director and World Bank chief financial officer, has been tapped to be the next president of Brazil’s national economic and social development bank BNDES, news advanced to a column in daily O Estado de S. Paulo published on Sunday.
Tuesday, November 13th 2018 - 07:21 UTC
Human Rights Commission blasts Brazil for weak protection of land and gender rights

The Inter-American Commission on Human Rights (IACHR) on Monday expressed concerns about the state and outlook for rights in Brazil, singling out for particular worry some of the signature campaign issues of far-right President-elect Jair Bolsonaro.