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Brazil

Wed, 13 Jan 2021 09:14:00 GMT
Brazilian interest rates in the next 24 months expected to rise steadily
The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.

Wed, 13 Jan 2021 09:11:00 GMT
Brazilian 2020 inflation 4,5%, but food prices skyrocketed 14,1%
Inflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.

Tue, 12 Jan 2021 08:56:00 GMT
Ford after a century in Brazil, closes its three factories with a loss of 5,000 jobs
Carmaker Ford said on Monday losses exacerbated by the coronavirus epidemic and fiscal uncertainties would see it close its three factories in Brazil, where it has operated for a century, terminating some 5,000 jobs.

Mon, 11 Jan 2021 09:40:00 GMT
Covid-19: Brazil reduces to zero import tariffs for syringes and needles
Brazil has reduced import taxes and tariffs to zero for products used to combat Covid-19, including syringes and needles classified under codes 9018.31.11, 9018.31.19, 9018.31.90, 9018.32.19, and 9018.39.10 of the Mercosur Comm...

Mon, 11 Jan 2021 09:01:00 GMT
Japan detects a new coronavirus variant in travelers from Brazil's Amazon
A new coronavirus variant has been detected in four travelers from Brazil's Amazonas state, Japan's Health Ministry said on Sunday the latest new mutation of the virus discovered.

Mon, 11 Jan 2021 08:34:00 GMT
China/Brazil sea freight prices soar, almost five times higher than six months ago
Sea freight on the China-Brazil route has soared and reached an unprecedented US$ 10,000 per TEU, according to importers and shipping companies operating in the port of Santos.

Sat, 09 Jan 2021 09:49:00 GMT
Brazil industrial production rose for seventh consecutive months in November
Brazil's industrial production rose for the seventh consecutive month in November, boosted by the output of motor vehicles and clothing. Production rose a seasonally adjusted 1.2% in November and increased 2.8% from the same mo...

Fri, 08 Jan 2021 08:42:00 GMT
China Biotech vaccine tested 78% effective in Brazil trial, but doubts remain
A coronavirus vaccine developed by China's Sinovac Biotech was 78% effective in a late-stage Brazilian trial with no severe COVID-19 cases, researchers said on Thursday, although a lack of data details stirred calls for more tr...

Fri, 08 Jan 2021 08:39:00 GMT
Rupture of dam in Brazil compensation could reach US$ 5,3bn
The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais (US$ 5.3 billion) from a compensation deal with miner Vale SA after the 2019 Brumadinho deadly dam burst, a senior state official said on Thursday.

Thu, 07 Jan 2021 09:45:00 GMT
Brazilian leading meatpackers linked to ranches that use slave labor
An investigation published this week showed six Brazilian meatpacker firms bought cattle from ranches that used slave labor. Labor experts suggested on Wednesday that the firms must clean up their supply chains.



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