Tag: Brazil

Monday, April 10th 2017 - 07:29 UTC
RAF Hercules photographed by Zero Hora in Porto Alegre airport

The Royal Air Force continues to call at Brazilian airports for refueling in their trip to the Falkland Islands, according to Zero Hora, the main daily from the city of Porto Alegre in Rio Grande Do Sul state.
Monday, April 10th 2017 - 05:58 UTC
Brazil's annual inflation drops to the lowest rate since 2010

Brazil's annual inflation eased to the lowest rate since 2010 and came very close to the government's long-missed target, leaving the door open for the central bank to accelerate the pace of interest rate cuts next week.
Friday, April 7th 2017 - 12:46 UTC
Brazil's trade surplus in March soared 61.2% to US$ 7.14bn

Brazilian exports outweighed imports by more than US$7 billion in March despite fears that the economy could be hard hit by the country's on-going meat scandal. The country recorded a US$7.14 billion trade surplus last month, the highest level on record for the country and a whopping 61.2% increase on the previous year.
Friday, April 7th 2017 - 12:14 UTC
Temer accepts to water down landmark pensions' reform to ensure congressional approval

Brazilian President Michel Temer plans to water down its landmark pension reform proposal to ease lawmakers' resistance to the controversial bill key to rebalance the government's depleted finances. Temer said in a radio interview on Thursday he has authorized the lawmaker sponsoring the plan to alter its terms as long as he maintains the bill's minimum retirement age. He did not specify what changes could take place.
Wednesday, April 5th 2017 - 21:06 UTC
Over 55% openly disapprove of president Temer's performance

The approval rating for the government of Brazil's President Michel Temer has fallen to just 10%, with 55% actively disapproving of its management of the country, a new poll by the Ibope polling company showed on Friday.
Wednesday, April 5th 2017 - 19:27 UTC
Brazil industrial output still virtually flat; central bank says inflation expectations are “well anchored”

Industrial output in Brazil barely grew in February, government data showed on Tuesday, throwing cold water on hopes of a quicker recovery from a two-year recession. Industrial production rose 0.1% in February from January, government statistics agency IBGE said, short of expectations for a larger increase.
Monday, April 3rd 2017 - 13:39 UTC
Mexico planning to purchase Brazilian rice ahead of a clash with Trump over a Nafta review

A move announced recently by Mexican diplomats may be a precursor of what could be happening in the coming months with the trading of major commodities involving the country’s trade war talks with the U.S.
Monday, April 3rd 2017 - 12:13 UTC
Very Large Ore carrier with 260.000 tons o iron ore disappears in mid Atlantic

A South Korean ship carrying thousands of tons of iron ore and a crew of 24 has vanished in the South Atlantic after setting out from a port in Brazil. Two Filipino sailors were rescued on Sunday from a life raft and are expected to give investigators details of how and why the Stellar Daisy foundered as it headed south.
Sunday, April 2nd 2017 - 08:34 UTC
Electoral Court decides this week on continuity of Temer's presidency

Brazilian President Michel Temer is facing a terrible week, with a court theoretically annulling his presidency and forcing him to step down from office. Temer is widely expected to find a way to escape this. But the mere fact that a court is considering such a thing shows the depths of uncertainty in Latin America’s biggest country as it tries to survive in a huge corruption scandal, a two-year recession and record unemployment.
Friday, March 31st 2017 - 22:42 UTC
JBS meat packers suspends production in 10 of 36 beef facilities

JBS SA, the world’s largest meat packer, has suspended production at 10 plants in Brazil. The action comes as the company works to rebound from the fallout of an anticorruption investigation launched by the Federal Police in Brazil.