A professional clown in Brazil who ran for congress and won by a huge margin says he will not stand again in 2018. Francisco Everardo Oliveira Silva, better known as Tiririca, is coming to the end of his second term in the Chamber of Deputies.
Brazil's monthly inflation eased more-than-expected in November after accelerating in the previous month, mainly due to the continued fall in food prices, preliminary data from IBGE showed on Friday. The consumer price index rose 0.28% month-on-month following 0.42% in October.
U.S. seeds company Monsanto Co is confident Brazilian courts will uphold its Intacta RR2 PRO soy seed patent despite a challenge from grain growers in the state of Mato Grosso, the company’s chief of South American operations said this week.
Brazil’s central bank cut interest rates to an all-time low on Wednesday and hinted at a smaller reduction early next year, although it said it would be extra cautious going forward. The bank’s nine-member monetary policy committee, known as Copom, cut the benchmark Selic rate by 50 basis points to 7.00%, capping a 725 basis-point decline since October 2016.
Researchers have identified the molecule that attracts the insect that transmits citrus greening disease, a development expected to help farmers control a plague that has destroyed trees in growing regions of Brazil and the United States. The scientific breakthrough is the result of six years of research on Diaphorina citri, the vector of citrus greening disease.
Brazil's National Agency for Oil, Natural Gas, and Biofuels (ANP) announced the areas for the exploration and production of oil and natural gas to be made available as part of a new, permanent-offer system. The move covers 846 blocks of 13 sedimentary basins, adding up to some 285,400 square kilometers.
Brazil's trade balance posted a US$ 3.546 billion surplus in November, 31.8% lower than the US$ 5.201 billion in October and 25.4% down from November 2016, according to government data.
Former Brazilian senator and environmental minister Marina Silva said on Sunday that she would seek her party’s nomination to run for president next year. Silva announced her plans at a meeting of her Sustainability Network Party, or REDE, which would officially nominate her at its national convention in April.
The giant Libra field in Brazil’s pre-salt zone has started producing oil, French Total said on Monday without providing details about the production rate at the field.
The United Nations has asked Brazil to send troops to join its peace mission in the Central African Republic, said Jean-Pierre Lacroix, the U.N.'s head of peacekeeping operations, in an interview on Monday.