Tag: Brazil

• Friday, November 1st 2019 - 09:49 UTC

  Brazil's oil slick heading to unique coral reefs; Navy has cut down possible culprits of the spill to ten vessels

  

  With mystery oil slicks still moving down Brazil's coast, the Brazilian Navy sent more ships on Thursday to try to prevent the pollution of unique coral reefs of the Abrolhos Archipelago marine park, a haven of South Atlantic Ocean biodiversity.

• Friday, November 1st 2019 - 09:01 UTC

  Wildfires ranging across Brazil's Pantanal wetlands

  

  Wildfires are raging across the Pantanal tropical wetlands in southern Brazil, one of the most biodiversity areas in the world and a major tourist destination, regional authorities said on Thursday.

• Thursday, October 31st 2019 - 09:58 UTC

  Bolsonaro threatens to cancel broadcaster license on a TV report linking his family to the killing of a Rio councilwoman

  

  Brazilian President Jair Bolsonaro on Wednesday deplored a TV network’s report linking him with a former police officer accused of killing a Rio de Janeiro city councilwoman and threatened to cancel the broadcaster’s license.

• Thursday, October 31st 2019 - 09:49 UTC

  Brazil cuts benchmark interest rate to an all time low of 5%; inflation running below target

  

  Brazil's central bank cut its benchmark interest rate to a new all-time low of 5.00% on Wednesday as expected, but signaled that further easing may be less aggressive than it has been in recent months, despite inflation running well below target.

• Wednesday, October 30th 2019 - 09:27 UTC

  Brazilian food processor expands in Saudi Arabia with chicken plant

  

  Brazilian food processor BRF SA on Tuesday announced an agreement to invest around US$ 120 million to build its first chicken processing plant in Saudi Arabia in a bid to strengthen its position in a key growth market.

• Wednesday, October 30th 2019 - 09:23 UTC

  Oil spills on Brazil's northeast beaches, “the worst environmental attack”

  

  Oil spills washing up on beaches along more than 2,000 kilometers of Brazil’s northeast coastline could be the worst environmental “attack” in the country’s history, the CEO of Petrobras said on Tuesday.

• Wednesday, October 30th 2019 - 08:36 UTC

  Brazil has become a beacon for Big Oil foreign investment in the energy sector

  

  When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.

• Tuesday, October 29th 2019 - 09:55 UTC

  Alberto Fernandez and Bolsonaro on collision course over Lula and Mercosur

  

  Argentine elected president Alberto Fernandez on Sunday called for ex-president Lula da Silva to be freed from prison, which most certainly puts him on a collision course with Brazil's Jair Bolsonaro.

• Tuesday, October 29th 2019 - 08:09 UTC

  Bolsonaro in Arab countries: signs agreements in Abu Dhabi and will address economic forum in Riyadh

  

  The United Arab Emirates and Brazil signed several agreements on Sunday during President Jair Bolsonaro's visit to Abu Dhabi, which marks his first official trip to the Arab world. He arrived in the UAE on Saturday and is set to head to Qatar and Saudi Arabia, where he will take part in the Future Investment Initiative.

• Tuesday, October 29th 2019 - 07:36 UTC

  Brazil, expectations of new lows for inflation and interest rates

  

  Brazilian inflation and interest rate expectations for next year have fallen to new lows, according to a central bank survey of economists published on Monday, strengthening the view that monetary policy will be loosened further in the months ahead.