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Brazil Monitor

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Petrobras cuts diesel prices 10% in bid to ease Brazil trucker...

  The Brazilian Association of Truck Drivers (ABCAM) said on Thursday that protests against the rise in diesel fuel and the tax burden on the...

Verde Agritech hails major funding milestone – with BNDES loan

  The debt arrangement will be fulfilled by Santander, the group said in the filing Verde Agritech PLC (TSE:NPK) has reached a major milestone - sealing...

Assistant professor receives Fulbright Scholar Award to Brazil

  Andrew Zimbroff, assistant professor and extension specialist in the Department of Textiles, Merchandising & Fashion Design, has been selected for a Fulbright Scholar Award...

Roads locked and open sky: U.S.- Brazil flight restrictions lifted

  As the truckers strike continues throughout Brazil the US-Brazil open skies agreement that was signed in 2011 finally went into force following its approval...

Gov’t reduces fuel tax but truckers strike continues

  The national strike of truck drivers, begun on Monday (21), continues even after a meeting of ministers with representatives of the strikers. Demonstration leaders...

Petrobras’ O&G output in Brazil slightly up in April

  Brazil’s state-run oil company, Petrobras, reported a slight increase in its April crude oil and natural gas production thanks to increased volumes in the...

BRICS: Moscow seeks deeper strategic partnership

BRICS: Moscow seeks deeper strategic partnership Developing close relations with the BRICS states remains one of Moscow’s top foreign policy priorities, Russia’s ambassador to the...

Brazil lowers 2018 GDP growth prediction to 2.5 pct

  The government of Brazil lowered its prediction for 2018 GDP growth from 2.97 percent to 2.5 percent, the Ministry of Planning announced on Tuesday. This...

The finance minister calls for an end to the blockade of...

  In a statement on TV, the finance minister, Eduardo Guardia, announces the reduction of federal tax on fuels (CIDE) and asks truckers unlock the...

President Temer gives up re-election and announces support to Henrique Meirelles

  President says he will be "very proud" if one day the former finance minister is proclaimed by popular vote president of Brazil President Michel Temer...

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