Tag: Brazil

• Friday, February 7th 2020 - 09:49 UTC

  Bolsonaro presents controversial bill opening indigenous lands mostly in the Amazon

  

  Brazilian president Jair Bolsonaro introduced a controversial Bill that opens up indigenous lands, many of them in the Amazon, to mining, agricultural activities and hydraulic energy production. The conservative president described the measure, which still needs approval in Congress, as a “dream” while indigenous leaders have labelled it a “genocide Bill.”

• Friday, February 7th 2020 - 09:37 UTC

  Brazil approves quarantine rules for nationals returning from China

  

  Brazil's lower house of Congress late approved a bill laying out rules for the quarantine of Brazilian nationals returning from China who may be infected with coronavirus, as well as other measures to combat the disease. The measures will be in force as long as the public health emergency declared by the World Health Organization is in place.

• Friday, February 7th 2020 - 09:35 UTC

  Brazilian higher court for labor rules in favor of Uber: no employment relation between the company and drivers

  

  A Brazilian higher court for labour ruled this week that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company against a Sao Paulo driver. The federal judge in Brasilia ruled against recognizing an employer-employee link, arguing that Uber drivers can disconnect at any time from the app and have a flexible work schedule.

• Thursday, February 6th 2020 - 08:17 UTC

  Brazilian central bank cuts interest rate to 4.25%, but the easing cycle could be coming to an end

  

  Brazil’s central bank intends to hold interest rates going forward to consider the impact of the record-breaking monetary easing cycle it concluded on Wednesday with a quarter-point cut.

• Wednesday, February 5th 2020 - 07:18 UTC

  Consolidation and a FPSO platform in Brazil's Campo Basin

  

  Brazil’s PetroRio SA has acquired a floating oil and gas platform type FPSO OSX-3 for US$140 million and 80% of the Tubarão Martelo oil field where the vessel is located, the field’s previous owner Dommo Energia SA said.

• Wednesday, February 5th 2020 - 07:10 UTC

  Brazil posts trade deficit in January, the first in five years: exports dropped 20%

  

  Brazil posted a trade deficit of US$1.745 billion in January, official data showed on Monday, the first shortfall for the month of January in five years and an indication that trade might continue to be a drag on overall economic growth.

• Tuesday, February 4th 2020 - 07:15 UTC

  Mexico targeting the “very closed” Brazilian economy expects to negotiate a trade deal

  

  Mexico is negotiating with Brazil to expand economic cooperation and believes it can find areas of mutual benefit even though the Brazilian economy is “very closed,” Economy Minister Graciela Marquez said on Friday.

• Tuesday, February 4th 2020 - 06:46 UTC

  Brazil investing heavily in tourism industry; visa waiver for main outbound markets

  

  The number of Americans booking flights to Brazil has jumped 39% since the government of President Jair Bolsonaro waived a visa requirement for U.S. citizens in June, according to its official tourism agency, which is devising plans to draw more.

• Monday, February 3rd 2020 - 07:59 UTC

  Despite the rhetoric, Argentina close military collaboration with the US and Brazil

  

  Last week the Argentine lower house of Congress, voted 214–2 to allow the “entry of foreign troops” and the participation of Argentine troops in exercises abroad. Several of the military exercises listed in the bill are being organized and financed by the Pentagon.

• Friday, January 31st 2020 - 08:58 UTC

  Brazilian Executive and Congress pledge to pass “administrative reform” bill

  

  Brazil’s government will submit a bill that would reduce public sector costs and benefits and make it easier to fire workers to Congress “in a week or two,” Economy Minister Paulo Guedes said on Thursday.