Brazil has privatized nearly US$ 20bn of assets and investments since the election of right-wing president Jair Bolsonaro, according to a government minister. Secretary of state for privatization, divestment and markets Salim Mattar announced that the government’s sweeping program of privatization was going as planned.
Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.
A 190-page book on why Brazil's conservative president Jair Bolsonaro should be respected and trusted has gone viral on social media after it emerged 188 of its pages are blank. The author said it was a protest to force people to come up with their own answers on the controversial leader.
Brazilian President Jair Bolsonaro said on Wednesday that Argentina was heading for chaos as “leftist bandits” who performed well in the primary election will follow the path of Venezuela, which is mired in a deep economic crisis. Argentina's Merval stock index was down 34.47% since the start of the week.
Tens of thousands of women took to the streets of Brazil's capital on Wednesday to denounce President Jair Bolsonaro, in the third anti-government protest in the city in two days.
Brazilian President Jair Bolsonaro dismissed the importance of Germany's funding of sustainability projects in the country's forests, as the European nation weighed withdrawing from the region.
Conservative president Jair Bolsonaro warned on Monday that Brazil could see a wave of migrants fleeing Argentina if a presidential election in that country returns leftist politicians to power, after their strong showing in a Sunday primary vote.
Germany will partially suspend funds sent to Brazil to finance projects aimed at preserving the Amazon forest due to increasing deforestation, Brazilian newspaper Folha de S.Paulo reported.
Brazilian President Jair Bolsonaro suggested on Friday that people poop every other day as a way to save the environment after he came under fire for a surge in deforestation of the Amazon since he came to power.
Brazilian far-right President Jair Bolsonaro said on Thursday that an Army officer who was convicted of torture during the country’s 1964-1985 military dictatorship was a “national hero.”