Brazil’s central bank on Thursday raised its 2020 gross domestic product growth forecast to 2.2% in its quarterly inflation report from 1.8% previously but cautioned it was conditional on continued progress on economic reforms.
Britain will suffer more than the European Union if it quits the bloc with no deal next year, a Brussels chief warned on Wednesday. Ursula von der Leyen, who has taken over from Jean-Claude Juncker as European Commission president, also stressed the timetable to reach an agreement was “extremely challenging” after London decided to put into law that the UK must leave by the end of December 2020.
Brazilian and Chinese government authorities are finalizing a protocol setting health standards for domestic processors to export soy-meal to the Asian country, André Nassar, president of oilseeds industry group Abiove, announced.
A consortium of state-owned Chinese companies was awarded the contract to build and operate what will be the second-longest bridge in Brazil. Under the project, a bridge will be built spanning the famed Bay of All Saints, which connects Salvador, the capital of the northeastern Bahia state, with Itaparica Island. The project also involves the construction of related roads.
State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale SA and have asked the firm to hire an independent auditor to look into the matter, a television station reported on Friday night.
A comedy on Netflix depicting Jesus as a gay man has prompted widespread anger in Brazil with almost 2 million people signing a petition calling on the streaming service to remove the film.
Brazilian President Jair Bolsonaro, a climate change skeptic, dismissed as a “commercial game” the result of the COP25 climate talks in Madrid. He particularly singled out rich European nations as the players.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that Brazil will follow the United States and move its embassy to Jerusalem next year. Brazilian President Jair Bolsonaro has expressed before his intention of moving his country's embassy in Israel from Tel Aviv to Jerusalem, but senior officials later backtracked for fear of damaging trade ties with Arab countries.
President Jair Bolsonaro said God, a fellow Brazilian, had handed him the election victory that propelled him to office in South America's largest economy.
Brazil’s Amazonian reserve has always been a cause for contention between indigenous activists and the Brazillian government. Covering the majority of northwestern Brazil and extending into Columbia, Peru and a whole host of South American nations, the Amazon is the world’s largest rainforest famed for its biodiversity and natural beauty.