Tag: Brazil

• Tuesday, September 19th 2017 - 10:20 UTC

  Brazil's new prosecutor general sworn in: “People will not tolerate corruption and demand results”

  

  The new prosecutor general tasked with leading Brazil's anti-corruption drive was sworn in on Monday, and said she would continue her predecessor's campaign against graft in Latin America's biggest nation.

• Friday, September 15th 2017 - 07:12 UTC

  Brazil's Temer charged with obstruction of justice and racketeering

  

  Brazilian President Michel Temer was charged with obstruction of justice and racketeering on Thursday, according to a statement posted on the prosecutor general's office website, threatening to delay the government's economic reform agenda in Congress.

• Thursday, September 14th 2017 - 07:06 UTC

  Lula da Silva questions impartiality of Judge Sergio Moro: “this is a witch hunt”

  

  Former President Lula da Silva told a Brazilian court on Wednesday that the corruption charges against him stem from a witch hunt and questioned the impartiality of the judge. Lula's deposition in Curitiba was the second time he faced off with Judge Sergio Moro, who oversees Brazil's sprawling investigation into bribes to politicians in return for favors to companies.

• Thursday, September 14th 2017 - 06:57 UTC

  Brazilian billionaire brothers detained for suspected inside trading

  

  Brazil’s federal police detained the CEO of JBS SA, the world’s No 1 meatpacker, saying he used insider information to avoid hefty losses related to a plea bargain signed earlier this year. Wesley Batista, who has been at the helm of JBS since 2011, was detained under an arrest warrant against him and his younger brother Joesley Batista for suspected insider trading.

• Wednesday, September 13th 2017 - 10:27 UTC

  Brazil's 2016/17 crop reached 238.7 million tons: 114 million tons of soybean

  

  Brazil's 2016/2017 crop is expected to reach 238.7 million tons which is 28% higher than the previous year, because of better climate conditions and improved productivity, according to Conab, the country's agriculture stats and food supply company. This includes 114 million tons of soybeans and 97.71 million tons of corn.

• Monday, September 11th 2017 - 10:21 UTC

  Brazilian tycoon who implicated president Temer arrested for withholding information

  

  The former chairman of the world’s largest meatpacker, whose testimony implicated Brazil’s president in corruption, turned himself in to police Sunday after the country’s Supreme Court ordered his arrest.

• Friday, September 8th 2017 - 20:07 UTC

  Agriculture has become the most productive sector of the Brazilian economy

  

  With a robust Harvest Plan coupled with support and development tools organized by the government, Brazil’s agriculture and livestock sector is expected to generate record wealth for Brazil in 2017. Studies show that the segment is likely to grow around 10.74% this year, adding over R$ 30 billion (some US$ 10bn) to the country's GDP.

• Friday, September 8th 2017 - 09:09 UTC

  End of the line: ex minister and confident claims Lula da Silva accepted US$ 100 million from Odebrecht

  

  A former finance minister and close confidant of Brazil’s Lula da Silva accused the ex-president of receiving bribes from contractor Odebrecht, adding to a list of corruption accusations that threaten Lula’s ability to run for president in 2018.

• Thursday, September 7th 2017 - 08:11 UTC

  Top prosecutor accuses Lula and Dilma of forming a criminal organization

  

  Brazil’s top prosecutor on Tuesday charged former Presidents Lula da Silva and Dilma Rousseff along with fellow Workers Party members with forming a criminal organization, the latest accusations in Brazil’s sprawling corruption scandal

• Wednesday, August 30th 2017 - 08:35 UTC

  Meirelles expects the Brazilian economy to grow between 2.5% and 3% in 2018

  

  Brazil's Finance Minister, Henrique Meirelles, said on Monday that he expects the economy to grow “at around 3%” in 2018. His statement was made a few minutes after a ministerial meeting at the Planalto Palace, at a time when the government is preparing itself to confront a new charge against President Michel Temer.