Japan ambassador talks Brazil–Japan business growth

The potential for technological exchange is under the spotlight Agência Brazil – From January to September this year, the 700 Japanese companies with either offices or factories in Brazilian territory invested approximately $800 million in Brazil. But Brazil–Japan ties are not just about business. This year, the two nations are celebrating the 110th year since […]

New Petrobras CEO advocates more competitiveness

Roberto Castelo Branco criticized monopoly in the sector Agência Brasil – Boosting competitiveness in Brazil’s oil sector could benefit consumers. The statement was made by the new CEO of Brazilian state-run oil giant Petrobras, Roberto Castelo Branco, who took office Thursday (Jan. 3) at the company’s headquarters in Rio de Janeiro. “Petrobras will continue its […]

Brazil, Lima Group advocate power for Venezuelan parliament

Empowering Congress could help restore the country’s democracy Agência Brazil – Brazil’s Foreign Minister Ernesto Araújo said yesterday (Jan. 4) that the declaration released by the Lima Group—arguing that the power of Venezuela should be transferred from President Nicolás Maduro to the parliament—is an opportunity to restore democracy in the country. The message was posted […]

Central Bank keeps estimated growth at 2.4% in 2019

Brazil’s Central Bank kept its forecast for the growth of the country’s economy in 2019. The estimated gross domestic product stood at 2.4 percent, according to official figures. The projection is said to be based on the continuous overhauls and adjustments in the Brazilian economy, “especially of a fiscal nature,” the institute reported. The estimates […]

Another 10 million Brazilians started going online 2016–2017

Agência Brasil – The proportion of Brazilians aged ten and older—181 billion people—who use the internet rose from 64.7 to 69.8 percent 2016–2017. These are nearly 10 million new users from the second half year of 2017 to that of the following year. Figures were released today (Dec. 20) by Brazil’s statistics agency IBGE. All […]

Top court justice orders release of convicts with appeals ongoing

Supreme Court Justice Marco Aurélio Mello issued Wednesday (Dec. 19) a preliminary injunction ordering the release of all convicts who had their sentence confirmed by an appeal court, but who still have final appeals ongoing. A request had been submitted by the Communist Party of Brazil, PCdoB. The ruling may benefit 169.3 thousand prisoners, including […]

Brazil’s GDP up 1.2% in quarter ending in October

Agência Brasil – Brazil’s gross domestic product (GDP) grew 1.2 percent in the quarter ending in October this year, compared to the quarter finished in July. The increase was driven by highs of 1.4 percent in industry, and 1.2 percent in services. Agriculture and livestock was the only one among the bulky sectors with a […]

Brazil president quips, says he will miss “Temer out”

Agência Brasil – In a playful tone, President Michel Temer said he will miss the shouts of “Fora, Temer” (“Temer out!”), often heard at anti-government demonstrations since he took office in May 2016. The good-humored statement was made today (Dec. 19), during his last cabinet meeting. After January, the president said, after Jair Bolsonaro takes […]