Tag: Brazil

Saturday, September 8th 2018 - 08:38 UTC
Brazil's August inflation drops 0.09%, the lowest rate in twenty years

Brazil's inflation eased more-than-expected in August as prices fell from the previous month, preliminary data from the statistical office IBGE showed Thursday. The consumer price index, IPCA, rose 4.19% year-on-year following a 4.48% in July. Economists had forecast a 4.29% inflation rate.
Friday, September 7th 2018 - 09:22 UTC
Latin American countries will receive Venezuelan migrants even with expired documents

Eleven Latin American countries say that they have agreed to allow Venezuelans leaving their homeland to enter their countries even if their travel documents have expired. More than 2.3 million Venezuelans have fled the country's hyperinflation and severe shortages, but many do not have valid passports because renewing them can take years.
Friday, September 7th 2018 - 09:03 UTC
Lula will tell his followers next week to vote for Fernando Haddad

Brazil’s jailed former president Lula da Silva is preparing to give up his bid to run in next month’s presidential election, party sources said, after he lost two appeals at the Supreme Court on Thursday. That will remove the most popular candidate from October’s race and pave the way for Lula’s hand-chosen successor, Fernando Haddad, to become the Workers Party (PT) candidate.
Friday, September 7th 2018 - 08:54 UTC
Brazilian leading presidential candidate stabbed and in serious condition; attack could bolster his chances

The leading candidate in Brazil’s presidential election is in serious but stable condition after being stabbed by an assailant at a campaign rally on Thursday, doctors said, pushing an already chaotic campaign into further disarray.
Friday, September 7th 2018 - 08:46 UTC
Ex HMS Ocean becomes Brazilian Navy's flagship to maintain safety in the South Atlantic

The Brazilian Navy (Marinha do Brasil) new helicopter carrier PHM Atlântico (A 140) (Multipurpose Helicopter Carrier) reached Rio de Janeiro, its homeport, on August 25. PHM Atlântico previously served as the Royal Navy LPH HMS Ocean for twenty years.
Thursday, September 6th 2018 - 09:04 UTC
In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.
Wednesday, September 5th 2018 - 08:24 UTC
Lula's running vice president candidate charged with corruption

Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
Wednesday, September 5th 2018 - 06:28 UTC
Brazil's Real remained flat on Tuesday but the stock market was down 2%

The Brazilian Real erased early losses on Tuesday after state prosecutors charged Workers Party vice presidential candidate Fernando Haddad with corruption, driving investors to pare bets on his electoral strength.
Tuesday, September 4th 2018 - 08:52 UTC
Bye, Bye Lula

On Sunday, Brazil’s top electoral court ruled that “Lula”, former president Luiz Inácio da Silva, cannot run in the presidential election this October. He served two terms as president (2003-2011), he dutifully waited out the following two terms, and his Workers’ Party (PT) has nominated him for the presidency again.
Tuesday, September 4th 2018 - 08:48 UTC
Brazil's Electoral Court bans political campaign ads with Lula da Silva

Brazil's top electoral court has banned political campaign ads showing former president Lula da Silva as a candidate, according to a ruling made on Sunday in response to a complaint by the Novo party.