Tag: Brazil

Monday, June 10th 2019 - 08:56 UTC
Brazilian manufactured cargo plane undergoing certification tests in United States

The Brazilian Air Force visited the Yuma Proving Ground (YPG) in the US a month ago to run a series of low-altitude cargo extraction tests as part of a certification process for their new cargo plane.
Saturday, June 8th 2019 - 09:53 UTC
Brazil central bank denies plans for a monetary union with Argentina

Brazil’s central bank has denied any planning is underway to create a monetary union with Argentina, after a spokesman for the government in Buenos Aires said on Thursday it was the case.
Saturday, June 8th 2019 - 07:49 UTC
Brazilian military do not exclude having 5G mobile Huawei technology

Brazilian Vice President Hamilton Mourao on Friday told journalists that the government will not exclude Chinese telecom company Huawei Technologies Co from operating a fifth-generation (5G) mobile telecoms network in Latin America's largest economy.
Friday, June 7th 2019 - 09:59 UTC
Bolsonaro and Macri announce the EU/Mercosur trade deal is “imminent”

The presidents of Argentina and Brazil said on Thursday that an agreement is imminent on a free trade agreement between the European Union and Mercosur. Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.
Friday, June 7th 2019 - 09:36 UTC
Bolsonaro administration launches operation to tackle illegal logging in the Amazon

Brazil’s environmental protection agency IBAMA has launched its biggest-ever operation to tackle illegal logging that is accelerating Amazon deforestation amid a surge in tree-felling since President Jair Bolsonaro took office.
Thursday, June 6th 2019 - 09:58 UTC
Mercosur's Common External Tax in the agenda Bolsonaro will discuss with Macri in Buenos Aires

Brazil and Argentina have started discussing a reduction in the common external tariff (TEC) of the Mercosur trade block, sources in both governments revealed on Wednesday, as their market-friendly presidents look to boost economic growth.
Thursday, June 6th 2019 - 09:56 UTC
Banks making too much money, “more competition is needed” blasts Brazilian economy minister

Brazilian banks are chalking up “excessive” profits, Economy Minister Paulo Guedes said, adding that the country needs an injection of competition to end what he called the cartels that dominate many of its major sectors.
Wednesday, June 5th 2019 - 09:50 UTC
Brazil reluctantly recognized Venezuela opposition envoy as ambassador

Brazil's right-wing President Jair Bolsonaro received the diplomatic credentials of Venezuelan opposition leader Juan Guaido's envoy to Brazil, formally recognizing her as the ambassador of the neighboring country.
Wednesday, June 5th 2019 - 09:50 UTC
Brazil: Amazon rainforest deforestation advancing at its fastest rate during May

Deforestation of the Amazon rainforest in Brazil sped up in May to the fastest rate in a decade, according to data from an early-warning satellite system, as experts pointed to activity by illegal loggers encouraged by the easing of environmental protections under President Jair Bolsonaro.
Tuesday, June 4th 2019 - 09:40 UTC
Brazil halts exports of beef: case of “atypical” mad cow disease

Brazil has temporarily halted beef exports to China following an atypical case of mad cow disease in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil's largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totalling 322,400 tons or almost 20% of all shipments, according to local beef exporters association Abiec.