Tag: Brazil

Wednesday, March 4th 2015 - 06:14 UTC
Brazil's currency at its weakest since September 2004...and sliding

The Brazilian Real reached on Tuesday its weakest level against the dollar in more than 10 years, amid concern the country’s political and economic situation is growing worse.
Wednesday, March 4th 2015 - 05:38 UTC
Petrobras corruption: top prosecutor hands the Supreme Court names of 54 politicians

Brazil's top prosecutor Rodrigo Janot asked the Supreme Court on Tuesday to open an investigation into 54 politicians who allegedly benefited from a multibillion-dollar kickback scheme at state-run oil company Petrobras a Supreme Court spokesperson said on Tuesday.
Tuesday, March 3rd 2015 - 06:17 UTC
Truckers strike in Brazil still disrupting traffic in several states; soy harvest delayed

Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll costs and give other benefits to the transport sector.
Tuesday, March 3rd 2015 - 06:05 UTC
“One Team, One Country, One Dream” - It's just Davis Cup tennis

By Federico Coronado - Argentina's team prepares for this coming weekend's clash against Brazil. Statement of unity with controversial choice of words for tie versus sporting arch-rivals. Del Potro still not fit, will be there to assist teammates, anyway.
Saturday, February 28th 2015 - 08:03 UTC
Brazilian Judge has ordered the suspension of the messaging WhatsApp

A Brazilian judge says he has ordered the suspension of the globally popular instant messaging system WhatsApp across the country because it has allegedly failed to help in an investigation.
Friday, February 27th 2015 - 08:22 UTC
Brazilian hard line unions win conflict and beat moderates in elections

Workers at a General Motors Co car factory in Brazil ended a six-day strike on Thursday after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry.
Friday, February 27th 2015 - 08:14 UTC
Striking Brazilian truckers will be fined for roadblocks, warns government

The Brazilian government will start fining truckers as a strike in its ninth day threatens Latin America’s largest economy with food and fuel shortages. According to a report from Folha de Sao Paulo, the police will fine drivers who block highways as much as 10,000 Reais (3,470 dollars) per hour, Justice Minister Jose Eduardo Cardozo told reporters in Brasilia.
Thursday, February 26th 2015 - 05:17 UTC
Truckers strike is bringing Brazil and Rousseff's administration to its knees

The Brazilian government told truckers and transport companies late Wednesday it would extend a year of free financing for vehicles and pass a law that would benefit the sector if protesters ended a crippling strike now in its eighth day.
Thursday, February 26th 2015 - 04:48 UTC
Rousseff lashes out at Moody's for downgrading Petrobras debt to junk-bonds

Brazilian President Dilma Rousseff on Wednesday said credit rating agency Moody's Investors Service downgraded state-controlled oil giant Petrobras' debt to junk-bond territory due to ignorance of the company's situation.
Thursday, February 26th 2015 - 04:14 UTC
Brazilian lawmaker wants closer ties with 'Falklands' and even considers 'a friendship forum'

Brazilian federal Deputy for the southern state of Santa Catarina Celso Maldaner who last week visited the Falkland Islands said he wants to 'influence and push' for a commercial opening of Brazil with the Islands, since he believes there is great potential for making business particularly regarding fisheries and tourism.