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04/19/18 Election Woes Weigh on Brazil’s Growth, Presidential Candidate Meirelles Says

Uncertainty over the outcome of the October presidential race is beginning to weigh on Brazil’s economic growth, former finance minister and presidential hopeful Henrique Meirelles said in an interview. Retail sales surprisingly...

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04/19/18 Goldman Sees 14% Brazil Real Jump by July; Says Buy Stocks

The bank that warned South America’s biggest economy was sinking into a depression back in 2015 now has Brazil as among its top picks in emerging markets that are "powering ahead" in face of rising global interest rates and...

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04/19/18 Governing coalition makes progress on priority legislation discussions

In a meeting with leaders of the government coalition in Congress, President Michel Temer reinforced the importance of approving bills considered fundamental to leverage the country's growth, such as the capitalisation of...

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04/18/18 Brazilian meat to reach new markets in Asia

Pending agreements now in the final phase of negotiations, Brazilian meat will expand exports to China and begin selling in the Indonesian and South Korean markets, informed Blairo Maggi, Brazil’s Minister of Agriculture,...

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04/18/18 Small businesses account for nearly 100% of all jobs created in 2018

Falling interest rates and renewed growth have driven job creation among small and medium-sized enterprises in Brazil. Small businesses account for over 90% of the 61,100 formal jobs created in February. These results have been...

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04/18/18 IMF improves growth projections for Brazil in 2018 and 2019

After Brazil’s economic recovery last year, this Tuesday (17) the International Monetary Fund changed its growth projections for the country’s Gross Domestic Product (GDP) in 2018 and 2019. According to the IMF, the Brazilian...

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04/17/18 Brazil's Neoenergia commits to $1.7 bln takeover bid for Eletropaulo

SAO PAULO, April 17 (Reuters) - Brazil’s largest utility by number of customers, Neoenergia SA, has made an offer for a 26 percent stake in power distributor Eletropaulo Metropolitana SA and plans a full takeover bid worth up to...

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04/17/18 Brazil corn farmers to get relief from late April rain: forecaster

SAO PAULO (Reuters) - Above average rains in key corn-growing regions should bring relief to Brazilian farmers, easing drought fears as the country’s second corn crop develops through the end of April. According to the Thomson...

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04/17/18 Brazil secures WTO backing in dispute with Canada's Bombardier

GENEVA, April 17 (Reuters) - Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc’s CSeries jets, a preliminary WTO ruling...

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04/16/18 Brazil and Honduras sign agreement on UN Security Council

An agreement signed between Brazil and Honduras will allow the Brazilian government to apply for a seat on the United Nations Security Council for the 2022-2023 biennium. President Michel Temer and the President of Honduras, Juan...

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04/16/18 Brazil plans to expand partnerships with US trade and industry

Michel Temer highlighted Brazil's openness to new investors in a bilateral meeting with the president of the United States Chamber of Commerce, Thomas J. Donohue. The two met this Friday (13 April) on the sidelines of the 8th...

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04/16/18 Summit of the Americas gathers Heads of State to strengthen political and economic ties

Between this Friday (13) and tomorrow (14), American Heads of State and Heads of Government will meet at the 8th Summit of the Americas to agree on development targets and share experiences. The meeting, coordinated by the...

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04/13/18 Moody's revises Brazil's ratings outlook from negative to stable

In the wake of stronger-than-expected economic growth and reduced uncertainty regarding fiscal control measures, risk rating agency Moody's revised Brazil’s credit rating outlook from negative to stable this Monday (9 April).

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04/13/18 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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04/13/18 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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