Tag: Brazil

Friday, September 14th 2018 - 09:25 UTC
Brazil currency closed on Thursday at a record low on political uncertainty

Brazil's currency closed at a record low of 4.197 to the US dollar on Thursday amid uncertainty and unpredictability surrounding next month's presidential elections. The previous record of 4.166 dated back to January 2016, during a two-and-a-half-year recession.
Friday, September 14th 2018 - 08:54 UTC
Brazil's Bolsorano recovering but his presidential campaigning is over

Jair Bolsonaro, the Brazilian far-right frontrunner for president, on Thursday was recovering from emergency surgery with no complications, but his running mate said his return to campaigning would be further delayed.
Friday, September 14th 2018 - 08:28 UTC
Support for Brazilian proposal to safeguard whales in perpetuity: Japan and allies furious

Tempers flared at the International Whaling Commission (IWC) on Thursday as it voted to back a Brazilian proposal which would safeguard whales in perpetuity, after a bitter debate. The biennial meeting of the 89-nation body passed the host country's “Florianopolis Declaration” which sees whaling as no longer being a necessary economic activity.
Thursday, September 13th 2018 - 10:22 UTC
Brazilian presidential candidate Bolsonaro undergoes emergency surgery

Brazilian presidential candidate Jair Bolsonaro underwent emergency surgery on Wednesday evening, according to a medical report released by the hospital caring for him.
Thursday, September 13th 2018 - 10:10 UTC
Ciro Gomes pledges to de-concentrate Brazil's banks, and to help 63 million listed as delinquent debtors

Center-left populist presidential candidate Ciro Gomes vowed on Wednesday to reduce concentration in Brazil's banking sector if elected in October, warning that he would open the sector up to more foreign competition if necessary.
Thursday, September 13th 2018 - 08:36 UTC
Ciro Gomes pledges to de-concentrate Brazil's banks, and to help 63 million listed as delinquent debtors

Center-left populist presidential candidate Ciro Gomes vowed on Wednesday to reduce concentration in Brazil's banking sector if elected in October, warning that he would open the sector up to more foreign competition if necessary.
Thursday, September 13th 2018 - 06:30 UTC
Bolsonaro leads Brazilian presidential competition with 26% vote intention, according to Ibope

Pollster Ibope released on Tuesday its latest vote intention survey for the different Brazilian candidates who will be disputing the first round of the presidential election next October 7, and they proved to be quite similar to those made public a day before by another significant pollster Datafolha.
Wednesday, September 12th 2018 - 08:38 UTC
Lula must now ensure the transfer of his voters to candidate Fernando Haddad

Brazil's imprisoned former president Luiz Inacio Lula da Silva, on Tuesday ended his legal battle to run for the top office in next month's election. Senator Gleisi Hoffmann, head of the leftist Workers Party (PT) that Lula founded, made the announcement in the southern city of Curitiba, where the popular Lula has been jailed on corruption charges since April.
Wednesday, September 12th 2018 - 08:30 UTC
Brazilian equities and currency slump on Tuesday on latest opinion polls

Brazilian equities and currencies slumped on Tuesday after an opinion poll on the presidential election showed leftist candidates gaining ground while market-friendly centrists did not.
Wednesday, September 12th 2018 - 08:13 UTC
Argentina equities and Peso slide, in line with Brazil's political situation

Argentine equities and the Peso continued on Tuesday their slide amid global trade tensions, uncertainty about Argentina's 2019 fiscal budget, talks between the government and the International Monetary Fund and the political situation in Brazil, which together with China are Argentina's main trade partners