Tag: Brazil

Wednesday, November 7th 2018 - 08:51 UTC
Bolsonaro wants pension reform passed before he takes office on January first

Brazil’s right-wing President-elect Jair Bolsonaro said on Tuesday that Congress must make some progress this year on a pension reform proposed by the outgoing government before he takes office on January first.
Tuesday, November 6th 2018 - 15:46 UTC
Bolsonaro stands by pensions reform bill, says it's a step in the right direction

Brazil's president-elect Jair Bolsonaro was supportive Monday of a pensions reform bill already in the Lower House which is expected to be passed into law before his inauguration January 1.
Tuesday, November 6th 2018 - 08:17 UTC
Egypt postpones visit of top Brazilian diplomat allegedly because of the Jerusalem controversy

Egypt has postponed a visit by Brazil's top diplomat, Brazil's foreign ministry said on Monday, in a move that allegedly was due to the President-elect's vow to relocate the yBrazilian embass in Israel to Jerusalem.
Tuesday, November 6th 2018 - 07:01 UTC
Lula challenges conviction arguing “proven bias” of Brazil's next Justice minister

Ex Brazilian president Lula da Silva has challenged his corruption conviction, arguing that the judge behind his conviction has “proven his bias” by accepting a cabinet post under a political rival. The petition filed on Monday with Brazil's highest court asks Lula, who is currently serving a 12-year sentence, to be freed and his conviction overturned.
Monday, November 5th 2018 - 08:40 UTC
Brazilian media fearful of Bolsonaro's threats to cut public sector marketing budgets

For Brazil's right-wing President-elect Jair Bolsonaro, attacking critical press outlets almost daily on social media is not enough. Once in office, he vows to hit their bottom line. With half a billion dollars in public-sector marketing budgets coming under his discretion, the former Army captain is threatening to slash ad buys with adversarial media groups, striking at the financial foundations of Brazil's free press.
Saturday, November 3rd 2018 - 08:36 UTC
Palestinians condemn Bolsonaro's decision to move Brazil's embassy to Jerusalem

A senior Palestinian official on Friday condemned Brazilian far-right President-elect Jair Bolsonaro's announcement that he would move his country's Israel embassy to Jerusalem.
Saturday, November 3rd 2018 - 07:57 UTC
Brazilian manufacturing activity and staff hiring expanded in October

Manufacturing activity in Brazil expanded in October as strong demand prompted firms to increase payrolls for the first time in three months, bolstering the outlook for a steady economic recovery. The Purchasing Managers' Index calculated by research firm Markit rose to 51.1 from 50.9 in September, holding above the 50 threshold separating a contraction from an expansion for a fourth straight month.
Saturday, November 3rd 2018 - 07:52 UTC
Brazil expands agriculture area and expects another crop of almost 120 million tons

Brazil’s National Supply Company (Conab) has released its monthly report this week, and it projects that the country will produce 119.4 million metric tons. Last season, the country produced 119.2 million metric tons. The surface would jump from 86.7 million acres to 89.2 million acres.
Friday, November 2nd 2018 - 09:01 UTC
Strong recovery of Argentine and Brazilian markets on signs of an improved Sino-US trade scenario

Latin American stocks soared on Thursday with Brazil shares touching an all-time high and Argentina's Merval stock index jumping 6,2%, as global risk appetite recovered on strong corporate earnings and signs that the Sino-U.S. trade war could be contained.
Friday, November 2nd 2018 - 08:39 UTC
Brazilian federal authorities investigating obstruction of justice in killing of Rio councilwoman

Brazilian authorities said on Thursday they were investigating an alleged attempt to obstruct their investigation into the execution-style killing of an outspoken Rio de Janeiro councilwoman and her driver earlier this year.