Tag: Brazil

• Saturday, February 18th 2017 - 06:55 UTC

  Brazilian military the most trusted institution, exempt from pensions' reform

  

  Ever so dependent on the Armed Forces to keep law and order, the Brazilian government has exempted the military from a far-reaching pension reform. Following Congress's approval of a public spending cap late last year, the government of President Michel Temer is pushing ahead with a broad pension reform as the next stage of its austerity agenda.

• Friday, February 17th 2017 - 10:25 UTC

  Mexico looking at Argentina and Brazil as an alternative for US corn

  

  Mexican politicians are saber rattling against the US agriculture sector, and it looks like Argentina is ready to fill the gap. In effect Mexico's agriculture minister said on Thursday he will lead a business delegation to Argentina and Brazil to explore buying yellow corn, part of a drive to lessen Mexico's U.S. dependence given uncertainty over President Donald Trump's trade policies.

• Thursday, February 16th 2017 - 10:27 UTC

  Yellow fever vaccination recommendations for international travellers to Brazil

  

  As of 13 February 2017, yellow fever virus transmission continues to expand towards the Atlantic coast of Brazil in areas not deemed to be at risk for yellow fever transmission prior to the revised risk assessment published by WHO in the Disease Outbreak News of 27 January 2017, and supported by the scientific and technical advisory group on geographical yellow fever risk mapping (GRYF).

• Wednesday, February 15th 2017 - 09:34 UTC

  Brazilian Judge reinstates top ally of President Temer to a ministerial post

  

  A Brazilian judge reinstated the nomination of a top ally of President Michel Temer to a ministerial post, but ruled he could not receive the legal protections other high-ranking politicians enjoy.

• Wednesday, February 15th 2017 - 09:12 UTC

  Brazilian currency at its strongest against the US dollar since July 2015

  

  The Brazilian real gained on Tuesday to its strongest level in more than a year and a half, following a rise in capital inflows and after the central bank resumed currency intervention following a two-week pause. The real firmed 0.45% to 3.096 real per dollar, its strongest showing since July 2015.

• Tuesday, February 14th 2017 - 12:17 UTC

  Petrobras credit rating raised to BB-: improved governance “compares well with those of its peers”

  

  Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”

• Tuesday, February 14th 2017 - 11:28 UTC

  Brazil forced to import Robusta coffee: first time in decades

  

  Brazil's Agriculture Minister Blairo Maggi said on Monday he has asked the country's Foreign Trade Chamber (Camex) for authorization to open robusta coffee imports at near zero tariff, according to the ministry.

• Tuesday, February 14th 2017 - 11:02 UTC

  Brazilian media banned from publishing a report on an extortion attempt suffered by the First Lady

  

  A Brazilian judge censored articles in two respected and influential newspapers, Folha de Sao Paulo and O'Globo, which reported on an extortion attempt suffered by the First Lady Marcela Temer last year. Both newspapers anticipated they will be appealing the ruling.

• Tuesday, February 14th 2017 - 10:50 UTC

  Temer refuses to lose another advisor whose nomination was barred by a judge

  

  Brazilian President Michel Temer on Monday denied suggestions that he is trying to protect a minister implicated in a corruption scandal. Temer is under fire in the media and judiciary for controversially naming his close adviser Wellington Moreira Franco to a cabinet-level position.

• Tuesday, February 14th 2017 - 10:17 UTC

  Brazil deploys federal troops to Rio do Janeiro; fears police strike might spread

  

  Children returned to school and most public transport began operating again Monday in the Brazilian state of Espirito Santo state, which had been paralyzed by a protest that prevented military police from patrolling. Amid fears a similar protest could erupt in the days before Carnival, the Brazilian government announced it would deploy troops to police the state of Rio de Janeiro.