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04/13/18 Government to focus on approving relevant measures for development

Approving relevant proposals for the development of the country in Congress will be essential to maintain the achievements of the last two years, Secretary of Government Carlos Marun said in an interview with journalists on...

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04/12/18 Boeing and Embraer Likely to Reach a Deal, Brazil Defense Chief Says

Comments suggest a shift after ministry’s caution on the talks Boeing Co. and Embraer SA are getting closer to a deal, Brazil’s new defense chief said, as talks advance to forge the second global alliance between major airplane...

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04/12/18 Brazil’s Super-Premium Coffee Farms Prepare for Largest Harvest Ever

In the green peaks between the states of São Paulo and Minas Gerais, coffee growers are harvesting some of the best beans in the world. Consumers, increasingly seeking exotic and unique flavors, are willing to pay a premium for...

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04/11/18 Inflation reaches lowest rate for March in 24 years

The cost of living for Brazilians continues to fall. The official monthly inflation rate (the IPCA, or Broad Consumer Price Index) stood at 0.09% in March, resulting in a total year-to-date inflation of 0.70%. In both comparison...

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04/11/18 Brazil may review 2019 fiscal deficit target lower

BRASILIA (Reuters) - The Brazilian government is still discussing the parameters of its 2019 budget proposal and may even review its fiscal deficit target lower, Planning Minister Esteves Colnago said on Tuesday. In his first...

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04/11/18 Fruit exports soar to US$ 98.1 million in January and February

Exports of dried and processed fruit increased 14.4% in the first two months of the year compared with the same period of 2017, according to numbers released by the Brazilian Association of Producers and Exporters of Fruit and...

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04/10/18 Latin American equities jump as China signals openness

Latin American markets rose on Tuesday, following a rally on Wall Street after Chinese Premier Xi Jinping promised to open up China's economy, easing concerns about trade tensions with the United States and their potential impact...

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04/10/18 Brazil has greatly expanded its protected areas in the last two years

Brazil has recently created five new protected areas to strengthen conservation efforts in the country. The measures created the Boqueirão da Onça National Park and Environmental Protection Area (APA), both in countryside Bahia,...

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04/10/18 Brazilian stock Exchange leads the world in growth in 2018

As Brazil continues to benefit from the return of growth and curbed interest rates and inflation, the São Paulo Stock Exchange (B3) has seen an unprecedented growth curve. In addition to achieving historical highs, the Brazilian...

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04/06/18 Megadeal puts Brazil back on M&A bankers’ radar

At a ceremony last month to announce the Brazilian mega-takeover by Suzano Papel e Celulose of Fibria Celulose to create the world’s biggest producer of market pulp, the raw material for paper, executives reached for superlatives...

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04/06/18 FMD status is "further proof of the excellence in agriculture"

Speaking at an event held at Embrapa (the Brazilian Agricultural Research Company) to celebrate the full eradication of Foot-and-Mouth Disease in Brazil this Thursday (5 April), President Michel Temer celebrated the advances of...

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04/03/18 Norsk Hydro completes Brazil aluminum extrusion plants acquisition

Norsk Hydro completed Monday its acquisition of Arconic's two aluminum extrusion plants in Brazil. Last December, Hydro announced that it would pay $10 million for the two extrusion plants in Utinga and Tubarao in southern Brazil...

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04/03/18 Central Bank: with falling inflation, Brazilians regain purchasing power

With inflation now at the lowest rate in history, Brazilian Central Bank governor Ilan Goldfajn assessed that Brazilians have regained purchasing power. In the current economic scenario, any raises workers receive can achieve...

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03/28/18 Brazil's Cemig seeks acquisition from Renova Energias

Brazilian state-run electricity utility Companhia Energética de Minas Gerais presented a binding proposal to Renova Energia to acquire 100 pct of the renewable energies firm's stake in Chipley SP Participacoes, Renova Energia...

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03/28/18 Irrigation project ensures supply to countryside Bahia

Steps 1 and 2 of the project, inaugurated this Friday (23 March), will take water from the São Francisco to 16.5 thousand hectares of crops. President Michel Temer attended the inauguration ceremony of the first two stages of the...

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03/23/18 Finance Minister forecasts 3.5%-4% GDP growth for 2018

The reforms implemented by the Brazilian government since May 2016 should result in average GDP growth between 3.5% and 4% in the coming years, Finance Minister Henrique Meirelles predicted at the opening session of the 47th...

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03/23/18 Banks follow Selic, announce interest rate cuts

After the latest decision by the Monetary Policy Committee (Copom) that cut Brazil's Selic benchmark interest rate to 6.50%, the country's main banks announced a reduction on the interest rates charged on loans. The Selic is used...

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03/22/18 Brazil cuts rates to all-time low, signals more easing ahead

SAO PAULO/BRASILIA (Reuters) - Brazil’s central bank cut interest rates to an all-time low on Wednesday and unexpectedly signaled it is likely to pursue another reduction at its May meeting as inflation continues to underwhelm....

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03/22/18 US will negotiate exemption on Brazilian steel imports, Temer says

President Michel Temer reported during a meeting of the Economic and Social Development Council (CDES) on Wednesday (21 March) that the United States government has designated Brazil as one of the first countries with which it...

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03/21/18 Brazil to launch canal to drought-stricken northeast this year: minister

BRASILIA (Reuters) - A canal set to deliver water to two drought-stricken states in northeastern Brazil is set to go into operation by year’s end, a government minister said on Monday. The canal serving Ceara and Rio Grande do...

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