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Brazil

Tue, 09 Mar 2021 09:55:00 GMT
Retrial of Lula da Silva makes him a formidable rival for Bolsonaro's reelection; financial markets rattled
The decision to annul former president Lula da Silva's conviction had an immediate effect in financial markets and scrambled forecasts for the 2022 Brazilian presidential race, with many investors betting it would polarize vote...

Mon, 08 Mar 2021 08:55:00 GMT
Brazilian state of Mato Grosso admits its hospital network has collapsed
Brazilian state of Mato Grosso, the largest grain producer in the country, announced on Sunday that its hospital network has begun to collapse, as there is a lack of intensive care beds due to the increasing number of patients ...

Sat, 06 Mar 2021 09:59:00 GMT
Bolsonaro tells Brazilians stop whining about the pandemic and Sao Paulo governor calls him "crazy guy"
President Jair Bolsonaro has told Brazilians to "stop whining" about Covid-19, as he criticized measures to curb the virus despite a surge in cases and deaths. His comments came a day after Brazil saw a record rise in deaths ov...

Sat, 06 Mar 2021 09:55:00 GMT
Bolsonaro confirms his trip to Argentina and supports negotiations with IMF
Brazilian president Jair Bolsonaro confirmed he will be traveling to Argentina on March 26th for the celebration of Mercosur's 30th anniversary, and also offered support for the president Alberto Fernandez administration negoti...

Sat, 06 Mar 2021 09:49:00 GMT
Maersk forecasts 3% world trade growth; regulations a challenge in Mercosur
The shipping company Maersk expects world trade to grow by 3% or more in 2021. The company sees global trade recovering, but there is still a lot of uncertainty about the size of the impact of Covid-19 on the world economy in 2...

Sat, 06 Mar 2021 08:40:00 GMT
Casino supermarkets sued under French law for selling beef linked to deforestation
French supermarket chain Casino is being sued by indigenous groups from the Amazon, for allegedly selling beef linked to deforestation. The 11 indigenous groups, backed by NGOs in the US and France, are seeking €3.1m in damag...

Fri, 05 Mar 2021 08:57:00 GMT
Dramatic Covid-19 situation in Southern Brazil threatens Rivera, Uruguay
Uruguay is very concerned, and threatened, by the situation in the city of Rivera, bordering the Brazilian city of Santana do Livramento, Rio Grande do Sul state, where the number of infections is alarming and continues to grow...

Fri, 05 Mar 2021 08:25:00 GMT
Brazilian soy exports in March should reach 15 million tons: 250 ships waiting to load
Brazilian soy shipments this month should reach 15 million tons, which could establish a new record for a month, according to the maritime agency Cargonave, considering the 250 ships in the export line-up, a growth of more than...

Wed, 03 Mar 2021 08:40:00 GMT
Brazil's currency losing ground: central bank chief says it is not justified by economic fundamentals
With public finances threatened, Brazil’s Real has suffered as investors adjust to changing liquidity conditions globally, but some of it has not been justified by economic fundamentals, central bank President Roberto Campos ...

Wed, 03 Mar 2021 08:38:00 GMT
Producer price inflation in Brazil anticipates Central bank will raise interest rates
Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.



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