Tag: Brazil

• Wednesday, March 27th 2019 - 08:23 UTC

  Brazilian pensions reform stumbles with first challenges; markets remain volatile

  

  Brazil's pension reform process hit two speed bumps on Tuesday, as Economy Minister Paulo Guedes did not attend a first congressional hearing on the proposals and a bloc of eleven political parties demanded the removal of changes affecting retirement benefits for rural and disabled workers.

• Wednesday, March 27th 2019 - 06:42 UTC

  Bolsonaro's decision to commemorate military coup opposed by federal prosecutors office

  

  Brazil's federal prosecutor's office on Tuesday said it was opposed to far-right President Jair Bolsonaro's plan to allow the armed forces to officially commemorate the 55th anniversary of Brazil's military coup this weekend.

• Tuesday, March 26th 2019 - 08:44 UTC

  Ex Italian communist terrorist, protected in Brazil by Lula da Silva, admits four murders

  

  A former communist militant Cesare Battisti has admitted to four murders in Italy during the 1970s, according to local press. Battisti, 64, spent decades on the run and previously denied any involvement. He was arrested in Bolivia in January after living in Brazil, and later extradited to Italy.

• Tuesday, March 26th 2019 - 06:58 UTC

  Brazilian appeals court releases ex president Michel Temer: insufficient evidence for a “preventive” jailing

  

  Brazilian appeals court judge on Monday released former President Michel Temer from jail following his high-profile arrest on graft charges last week, which marked a fresh landmark in the country’s battle against political corruption.

• Monday, March 25th 2019 - 09:18 UTC

  Bolsonaro: Brazil owes nothing to the world regarding the environment

  

  Brazilian President Jair Bolsonaro said his country “does not owe the world anything” when it comes to the environment. The far-right leader, who is critical of the Paris climate change accord, was speaking in Chile following Friday’s launch of the Forum for the Progress of South America (PROSUR), a conservative-minded group of South American leaders.

• Saturday, March 23rd 2019 - 09:06 UTC

  Temer's arrest and military pensions' reform brings down Brazilian stock market and weakens currency

  

  Brazilian stocks fell sharply on Friday as the arrest of the country’s former president, Michel Temer, sparked worries that government debate over key fiscal reforms may be delayed.

• Saturday, March 23rd 2019 - 08:58 UTC

  Brazil's Vale allegedly quashed efforts to audit the dam that killed 300 people

  

  Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.

• Saturday, March 23rd 2019 - 08:54 UTC

  Brazilian agri-business group files for bankruptcy protection: US$ 127m debt

  

  Privately owned Brazilian agribusiness group Itaquere has filed for bankruptcy protection to restructure 482 million reais (US$ 127 million) of debt, according to a letter from management reported in the media.

• Saturday, March 23rd 2019 - 07:31 UTC

  Seven countries have launched the Forum for Progress of South America

  

  South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”

• Saturday, March 23rd 2019 - 07:17 UTC

  Ex Brazilian president silent on questioning; he could be released on Wednesday

  

  A Brazilian appeals court will decide on Wednesday whether to grant a request for the release of former President Michel Temer, a judge at the court said on Friday. Judge Ivan Athié said that the Regional Federal Court of the 2nd Region (TRF-2) will decide on the petition by Temer's defense.