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France and Spain swelter as Cyclone Yakecan wreaks havoc in South America

  • Brazil
  • May 21, 2022

Unseasonably high temperatures have been affecting both Iberia and France over recent days. Temperatures have been about 10-15C above average thanks to a southerly flow of very warm and dry air from north Africa. On 17 May, temperatures across much… Read More »France and Spain swelter as Cyclone Yakecan wreaks havoc in South America

COVID-19: donation of vaccines to other countries authorized

  • Brazil, Politics
  • May 20, 2022

Brazil´s National Congress authorized the government to donate immunizations against COVID-19 to other countries affected by the pandemic, as part of humanitarian cooperation. The authorization is provided for in Law 14,343, published today (May 20) in the Official Gazette. According… Read More »COVID-19: donation of vaccines to other countries authorized

Economy Ministry maintains GDP forecast at 1.5%

  • Brazil, Money, Money News Brazil
  • May 20, 2022

Brazil´s government increased its forecast for this year´s inflation. The Broad Consumer Price Index (IPCA), estimated in March at 6.55 percent for the year, had its forecast raised to 7.9 percent. The estimate of the National Consumer Price Index (INPC)… Read More »Economy Ministry maintains GDP forecast at 1.5%

Brazil’s 2022 coffee crop may reach 53.4 mi sacks

  • Brazil, Money, Money News Brazil
  • May 19, 2022

Brazil’s National Supply Company (CONAB) estimates coffee production to stand at 53.4 million bags for this year’s harvest. This amount is up some 5.7 million bags from the previous cycle. Compared to the crop in 2020—the last year with a… Read More »Brazil’s 2022 coffee crop may reach 53.4 mi sacks

Ford to sell its plant in Taubaté, São Paulo

  • Brazil, Money, Money News Brazil
  • May 19, 2022

Ford announced today (18) it has signed a contract to sell its Taubaté plant to firm São José Desenvolvimento Imobiliário. The deal should be finalized following the approval of the Administrative Council for Economic Defense (CADE). The entire sale process… Read More »Ford to sell its plant in Taubaté, São Paulo

Bolsonaro sanctions permanent BRL 400 monthly allowance

  • Brazil, Politics
  • May 19, 2022

Brazil’s President Jair Bolsonaro sanctioned the provisional measure turning allowance Auxílio Brasil (“Brazil Aid”) into a permanent monthly payment of BRL 400. The move was made official today (May 19). The government’s original bill stipulated the amount would be valid… Read More »Bolsonaro sanctions permanent BRL 400 monthly allowance

Temperature drops in Rio de Janeiro and draws near 0º Celsius

  • Brazil, Other News
  • May 19, 2022

Yakecan subtropical storm is heading for the Brazilian Southeastern region, leading to low pressure in the ocean and influencing the climate in Rio de Janeiro, Alerta Rio System informed. Heavy wind gusts between 52 km/h and 76 km/h are expected… Read More »Temperature drops in Rio de Janeiro and draws near 0º Celsius

In Brazil, 183 victims of child sexual exploitation rescued

  • Brazil, Law
  • May 19, 2022

Brazil’s Ministry of Justice and Public Safety on Wednesday (May 18) unveiled the outcome of operation Parador 27, on the abuse and sexual exploitation of children along federal and state highways throughout the country. During 16 days, from May 2… Read More »In Brazil, 183 victims of child sexual exploitation rescued

Guedes: Market economy and democracy make Brazil a reliable country

  • Brazil, Money, Money News Brazil
  • May 19, 2022

As a western democracy structured in a market economy and located close to European and North American markets, Brazil can benefit from the increasing search of other countries for energy and food security. But to maintain this position, it is essential… Read More »Guedes: Market economy and democracy make Brazil a reliable country

Domestic tourism in Brazil up 43.5% in March

  • Brazil, Money, Money News Brazil
  • May 19, 2022

National tourism made BRL 15.4 billion in March this year—up 43.5 percent, or BRL 4.8 billion—from the same period in 2021. The figures can be found in a survey conducted by the Tourism Council of the Federation of Commerce of… Read More »Domestic tourism in Brazil up 43.5% in March

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