Brazil’s Economy Ministry denied that the government would pay US$ 14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off the Brazilian coast known as the transfer-of-rights area.
The head of Brazil's environmental protection agency has resigned following criticism from the country's newly inaugurated far-right President Jair Bolsonaro.
The new government in Brazil, headed by President Jair Bolsonaro, has initiated the process of firing any “communists” and socialists working as contractors in government departments contending those holding opposition ideological views cannot properly execute its goals.
The attacks and fire-bombings sweeping Brazil's northeastern state of Ceara continued unabated Sunday despite the deployment of at least 300 members the elite, military-style National Police Force to help bring an end to the violence.
Brazil’s new President Jair Bolsonaro said that he would be open to the possibility of the United States operating a military base on his country’s soil, a move that would form a sharp shift in direction for Brazilian foreign policy.
Dozens of tourists hiking toward the famous Christ the Redeemer statue in Rio de Janeiro were held at gunpoint for up to two hours in a mass robbery that could mark an early test for anti-crime crackdowns promised by Brazil’s new president.
Brazil's government ordered troops to the northeast of the country on Friday to contain violence by criminal groups in the first test of new far-right President Jair Bolsonaro's hard-line law-and-order platform.
Brazil President Jair Bolsonaro on Friday called for minimum retirement ages significantly lower than those proposed by his predecessor, sparking concerns among investors that he will back watered-down pension reform legislation.
A record high for Brazil shares and a more than 2% gain in the Real, spurred by positive policy moves by the country's new government, helped Latin American markets make a strong start to the New Year and buck gloom in global markets on Wednesday.
Brazil’s newly inaugurated President Jair Bolsonaro said on Tuesday his election had freed the country from “socialism and political correctness,” and he vowed to tackle corruption, crime and economic mismanagement in Latin America’s largest nation.