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07/05/18 Banco do Brasil increases agricultural credit offer by 21%

Banco do Brasil will offer R $ 103 billion for the financing of the 2018/2019 agricultural harvest. The amount is 21% higher than what was made available in the last harvest, with lower interest rates. Of the total volume of...

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07/03/18 Oil production in Brazil grows for the fourth consecutive year

Oil production in Brazil grew for the fourth consecutive year on reaching 2.6 million barrels per day in 2017, a rise of 4.2% over the previous year, according to data from the National Agency of Petroleum, Natural Gas and...

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07/03/18 Brazil and Vietnam sign partnership in agribusiness

On a mission in Brazil, the Minister of Agriculture of the Vietnam, Ha Kong Tuan, signed last Monday (1st) a memorandum of understanding with the Brazilian Minister of Agriculture, Blairo Maggi, who has the cooperation between...

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07/03/18 GOVERNMENT SIGNS PARTNERSHIP WITH PRIVATE SECTOR FOR RAILROAD CONSTRUCTION

The federal government will have the support of the private sector to increase the country's rail network. chief minister of the General Secretariat of the Presidency, Ronaldo Fonseca, the companies will be responsible for the...

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06/29/18 AGRIBUSINESS GDP EXPECTED TO GROW 3% IN 2018

Brazilian agribusiness is expected to grow by 3.17% in GDP-volume in 2018, according to data from the first quarter of the year, analyzed by Cepea (Center for Advanced Studies in Applied Economics), Esalq / USP, in partnership...

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06/29/18 India's Sterlite, China's State Grid win Brazil power licenses

SAO PAULO, June 28 (Reuters) - India’s Sterlite, China’s State Grid, and Colombia’s Isa clinched licenses to build power transmission lines in Brazil in a government auction on Thursday that is expected to draw a total of 6...

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06/26/18 Samarco, Vale, BHP Sign Deal With Brazil Authorities Over Dam Disaster

RIO DE JANEIRO/MELBOURNE (Reuters) - Samarco [SAMNE.UL] and parent companies Vale SA and BHP Billiton Ltd have signed a deal with Brazilian authorities that settles a 20 billion reais ($5.30 billion) lawsuit related to a 2015 dam...

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06/26/18 Pence to Lead U.S.-Brazil Talks on Rocket Launch Site, Sources Say

Talks over U.S. commercial use of a rocket launch site in Brazil are advancing and will take center stage during Vice President Mike Pence’s visit to Brasilia next week, according to three people familiar with the matter. While a...

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06/22/18 Two more port terminals to be auctioned in September

The National Water Transportation Agency (Antaq) published two bid notices on Friday (15 June) for the lease of port areas and public infrastructure. Auctions 4/2018 and 5/2018, scheduled for September 28 in São Paulo, will...

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06/22/18 Brazil adds 33.6 thousand new formal jobs in May

In the wake of the series of measures implemented by the federal government to lift the economy out of the recession, Brazilians are starting to feel the practical results of the recovery in their everyday lives. Data from the...

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06/22/18 BRAZIL INCREASES ROBUST COFFEE EXPORTS BY 114% IN 2018

Brazilian exports of robust coffee recorded a strong growth of 114.5% in the first five months of 2018, when sales of the product totaled 212,849 thousand bags, according to data released by Council of Coffee Exporters of Brazil...

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06/21/18 Brazil stops currency swap contracts

RIO DE JANEIRO, June 19 (Xinhua) -- The Brazilian Central Bank suspended on Tuesday its currency swap contracts after over a month of continuous efforts to boost the real against the U.S. dollar. The Central Bank had been...

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06/21/18 Relaxing of Brazil local content rules will boost oil output capacity: report

RIO DE JANEIRO (Reuters) - Brazil’s move to ease rules forcing oil producers to buy from domestic suppliers means Latin America’s top producer will be able to sustain output of 5 million barrels per day (pbd) by the mid-2020s,...

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06/21/18 Brazil's Central Bank Plans Blockchain Data Exchange for Regulators

Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between the country's financial authorities. Brazil's central bank, Banco Central do Brasil (BCB), announced Tuesday that it has...

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06/19/18 Brazil launches well projects aimed at overcoming public opposition to shale gas and oil extraction

Drilling at two pilot projects in Brazil meant to garner public support for shale development will begin no later than the first half of 2019, Brazil's oil and gas secretary said in an interview. Under the name "Transparent Wells...

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06/19/18 FREIGHT RATE MAY DROP BY UP TO 20% AFTER TRUCKER SUGGESTIONS

If the minimum value for autonomous road transport takes into account the type of vehicle and freight carried, the freight price may be reduced by up to 20%, as assessed by the Brazilian Association of Truck Drivers (Abcam). The...

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06/19/18 PARANÁ AGRICULTURE RECORDS PRODUCTIVITY GAINS ABOVE THE BRAZILIAN AVERAGE

In the 2018 harvest Paraná has presented the highest productivity indexes in the country in the crops of oats, rye, tobacco, orange, corn from the first harvest and triticale, according to data from the Systematic Survey of...

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06/18/18 Bill requires Brazil to comply with UN Security Council sanctions

President Michel Temer signed a bill on Friday (15 June) that would require Brazil to comply with the sanctions imposed by United Nations Security Council resolutions, such as trade embargoes and designations of individuals or...

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06/18/18 GDP preview is up 0.46% in April, says Central Bank

After three months in decline, the Brazilian economy began to grow again in the period from March to April. It grew 0.46% in the period, according to a report released Friday (15) by the Central Bank. According to the Central...

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06/13/18 Brazil reaffirms its support for the negotiating process

The Brazilian government has followed with satisfaction the historic meeting between the president of the United States, Donald Trump, and the leader of the Democratic People’s Republic of Korea, Kim Jong-un, held in Singapore on...

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