Tag: Brazil

• Monday, March 9th 2020 - 08:53 UTC

  Joint Statement from president Trump and president Bolsonaro

  

  Today (Saturday 7 March) , President Donald J. Trump and President Jair Bolsonaro of Brazil reaffirmed the strategic alliance between the United States and Brazil, deepening the partnership between their two countries. The two leaders focused on increasing economic prosperity, strengthening democracy, and promoting peace and security.

• Saturday, March 7th 2020 - 06:40 UTC

  Trump receives Bolsonaro for dinner at the president's Mar-a-Lago resort

  

  US President Donald Trump will meet with Brazilian President Jair Bolsonaro in Florida on Saturday to discuss trade, infrastructure, Venezuela and the Middle East, the White House said in a statement on Friday.

• Friday, March 6th 2020 - 11:00 UTC

  “If I mess up”, the US dollar could reach 5 Real, admits Brazil's minister Guedes

  

  Brazil’s economy minister blamed the Real’s slide to an all-time low on the coronavirus outbreak and said the currency could weaken to as much as 5 per dollar if he “messes up.” Paulo Guedes said the Real is weakening largely due to the economic impact of the epidemic, rather than a change in the country’s risk perception.

• Friday, March 6th 2020 - 08:48 UTC

  Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

  

  Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.

• Thursday, March 5th 2020 - 08:46 UTC

  Frustrating Brazilian economic growth in 2019: less than half the forecast at the start of the year

  

  Brazil’s economy expanded by 1.1% in 2019, marking a third straight year of frustrating activity following a massive recession, according to data released on Wednesday.

• Thursday, March 5th 2020 - 08:30 UTC

  Nestlé pledges to plant 3 million tress in Mexico and Brazil in the next 18 months

  

  Nestle SA is launching a reforestation project to plant at least 3 million trees in Mexico and Brazil in the next year and a half as the Swiss food group strives for carbon neutrality by 2050.

• Thursday, March 5th 2020 - 07:28 UTC

  Brazil's newly appointed Culture Secretary sacks six top officials

  

  Seeking to clean up an office embroiled in scandal, Brazil's new culture secretary started her tenure Wednesday by firing six top officials, including one who said rock music pushes people toward Satanism.

• Thursday, March 5th 2020 - 07:16 UTC

  Brazil to auction US$ 1 billion forex swaps on Thursday to boost the anemic Real

  

  Brazil’s central bank on Thursday will auction up to US$ 1 billion foreign exchange swaps contracts, it said on Wednesday, the latest FX market intervention in the face of the real’s 12% slide this year to a series of record lows against the dollar.

• Tuesday, March 3rd 2020 - 08:37 UTC

  Socialist Paris mayor makes Lula da Silva an honorary citizen of the city

  

  Paris city hall made Brazil’s former leader Lula da Silva an honorary citizen on Monday, in a likely blow to his political enemy President Jair Bolsonaro whose relationship with France has deteriorated. The motion to honour Lula was backed by the city’s Socialist mayor Anne Hidalgo.

• Tuesday, March 3rd 2020 - 08:37 UTC

  Weaker Brazilian currency helped boost exports during February

  

  Brazil posted a trade surplus of US$ 3.1 billion in February, official data showed on Monday, double expectations and a sign that the record low exchange rate may finally be starting to support exports.