Tag: Brazil

Monday, April 1st 2019 - 06:20 UTC
Brazilian armed forces paid tribute to the 1964 coup, soberly, despite Bolsonaro's encouragement

Brazil's armed forces on Sunday paid tribute to a 1964 coup leading to a two-decade dictatorship, after far-right President Jair Bolsonaro, who argues that military intervention saved the country from communism, reversed an 8-year-ban on celebrations.
Saturday, March 30th 2019 - 08:37 UTC
Brazilian Judge bars celebration of 1964 military coup that overthrew an elected government

A judge has barred a planned celebration marking the anniversary of the 1964 Brazilian coup which overthrew the democratic government of the elected leader Joao Goulart. President Jair Bolsonaro had planned to celebrate the anniversary of the start of the military dictatorship on Sunday.
Saturday, March 30th 2019 - 08:02 UTC
Brazil central bank cautious as outside shocks and domestic political tension mount

Brazil’s central bank will take its time analyzing the economic impact from an increasing number of shocks from abroad and rising political tension at home that appear to be slowing the government’s reform process, its president said.
Saturday, March 30th 2019 - 07:56 UTC
Travelers scrambling to travel to Brazil following visa requirement changes

Travelers are scrambling to get plane tickets to Brazil now that the country has erased the need for a visa. Australian, Canadian, Japanese and American tourists will no longer need a visa starting June 17, 2019, and a new Kayak survey revealed searches for flights have shown double-digit increases.
Saturday, March 30th 2019 - 07:55 UTC
Brazil's jobless rate rose for the second straight month and stands at 12.4%

Brazil’s jobless rate rose in February for the second straight month, government data showed on Friday, adding to pressure on new President Jair Bolsonaro to reignite a sluggish economic recovery.
Saturday, March 30th 2019 - 07:27 UTC
Brazil's Justice: Michel Temer hit with new corruption charges

Brazil's former president Michel Temer was hit with corruption charges on Friday, just a day after being charged in a separate graft case, the federal prosecutors office in Rio de Janeiro said.
Friday, March 29th 2019 - 18:39 UTC
Montevideo: The most expensive city and the best place to live in Latin America?

The Uruguayan capital is the most expensive and the best to live in the region. At least that's what the studies of The Economist, which positioned Montevideo behind Mexico City in terms of cost, and the consultancy Mercer, which places the capital at the top of Latin American quality of life ranking, revealed in publications made this month. El País (Madrid) explains that Montevideo has a “crazy decadent charm”. However, why does this phenomenon occur?
Thursday, March 28th 2019 - 09:31 UTC
As Bolsonaro's influence wanes, Congress more demanding and minister Guedes ready to resign

Brazilian President Jair Bolsonaro and his economy minister tried to rescue their contentious pension reform bill on Wednesday, as deepening political chaos surrounding the government’s signature proposal slammed Brazilian markets.
Thursday, March 28th 2019 - 09:27 UTC
Foreign companies in Brazil becoming impatient with the government of Bolsonaro

Swiss pharmaceutical company Roche said this week it will stop producing medicines at its Rio de Janeiro unit in Brazil, a new blow to a country whose economy appears to be in its most sluggish decade in 120 years. Roche said the move will take place within the next five years because that factory is not financially sustainable.
Thursday, March 28th 2019 - 09:01 UTC
Venezuela has ceased to supply power to a Brazilian northern state

Brazil Mines and Energy Minister Bento Albuquerque said that Venezuela had not complied with its contract to supply the northern state of Roraima with energy since March 7. Roraima is a neighbor of Venezuela and an international bridge has become an escape way for thousands of Venezuelans fleeing from the Nicola Maduro regime and the lack of food and medicines.