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Brazil

Sat, 30 Jan 2021 09:34:00 GMT
One for Bolsonaro: Brazil almost broke; primary deficit reaches 10% of GDP
Only a week ago, President Jair Bolsonaro said Brazil was “broke” and the latest Treasury numbers have come close to backing the statement. Last year the country reported a record primary budget deficit of 743.1 billion rea...

Thu, 28 Jan 2021 09:42:00 GMT
Brazil on the brink of financial default, points out the Financial Times
Brazilian president Jair Bolsonaro has been s skeptical of the coronavirus pandemic and the effectiveness of different vaccines to contain it, arguing that the economy, jobs and activity, were the priority above sanitary recomm...

Wed, 27 Jan 2021 20:39:00 GMT
Director of Sinovac's intermediary institute said it did not close a deal with Uruguay for vaccine
The Director of the Butantan Institute on Tuesday contradicted the words of Uruguayan President Luis Lacalle Pou, assuring that there is not yet a closed agreement between the Uruguayan government and the Chinese laboratory Sin...

Wed, 27 Jan 2021 09:00:00 GMT
Maersk appoints commercial director for Brazil, Argentina, Uruguay and Paraguay
A.P.Moller-Maersk announced the arrival of Douglas Piagentini as its new commercial director for the East Coast of Latin America made up of Brazil, Argentina, Uruguay, and Paraguay.

Tue, 26 Jan 2021 09:40:00 GMT
Ex Brazilian president Michel Temer contracted as an advisor for Huawei's 5G
China's Huawei has just hired a former president of Brazil to act as an advisor on 5G networking in the region. Through the new hiring, the company aims at ensuring the growth of the newer and faster bandwidth in the local mark...

Tue, 26 Jan 2021 09:30:00 GMT
Petrobras oil output hits record in 2020, 2,3 million bpd
By Irina Slav for Oilprice.com – Crude oil output from fields operated by Brazil's energy major Petrobras hit a record last year despite the pandemic, at an average 2.3 million BPD, Bloomberg reported, comparing the productio...

Mon, 25 Jan 2021 09:50:00 GMT
Protests in Brazil against Bolsonaro for his handling of the pandemic
Brazilians took the streets over the weekend calling for the impeachment of President Jair Bolsonaro, who is under fire for his government's handling of COVID-19, which has raged through the country claiming more than 216,000 l...

Fri, 22 Jan 2021 09:40:00 GMT
Bolsonaro sends Biden a three page letter calling for deeper bilateral relations
Striking a conciliatory tone, Brazilian president Jair Bolsonaro made public a three-page letter congratulating president Joe Biden and calling for the two nations to deepen ties, including a free trade agreement.

Fri, 22 Jan 2021 09:08:00 GMT
Brazilian meatpacker announces China has lifted bans on two processing plants
Brazilian meatpacker JBS SA announced that China has lifted bans on two meat plants imposed in 2020 over coronavirus concerns.

Fri, 22 Jan 2021 08:32:00 GMT
Brazil keeps Selic rate at 2%, but uncertainty about economic growth remains
The Brazil Central bank rate setting committee, Copom, unanimously decided on Wednesday to maintain the Selic rate at 2.00% for the fourth time running, but anticipating that inflation expectations for the next two years have r...



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