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Mateus Maia

Brazil government to pay Petrobras $9 billion for oil contract revision

10 Apr 2019

BRASÍLIA The Brazilian government reached a landmark deal to pay state-controlled oil company Petróleo Brasileiro SA $9.058 billion for revising a transfer-of-rights oil contract, Energy Minister Bento Albuquerque said on Tuesday.

Brazil government, house speaker bury hatchet to save pension bill

28 Mar 2019

BRASILIA Brazil's president, economy minister and speaker of the lower house of Congress patched things up publicly on Thursday, trying to move past days of finger pointing to focus on passing a thorny pension reform to save the country's public finances.

UPDATE 1-Brazil bumper job creation in February smashes forecasts

25 Mar 2019

BRASILIA, March 25 Brazil's labor market burst back into life in February, adding a net 173,139 payroll jobs in February driven in large part by gains in civil construction and manufacturing of intermediary goods, data from the Economy Ministry showed on Monday.

UPDATE 1-Brazil real, stocks jump as government teases details on pension bill

14 Feb 2019

BRASILIA, Feb 14 Brazil President Jair Bolsonaro's government on Thursday released the first details of its long-awaited pension reform proposal, cheering investors who want to see the passing of legislation seen as key to shoring up creaky public finances.

Brazil's Bolsonaro wants concession model for pre-salt oil auctions: source

22 Nov 2018

BRASILIA/RIO DE JANEIRO A top aide to Brazilian president-elect Jair Bolsonaro said on Thursday the new government would adopt concession contracts for lucrative pre-salt oil auctions, raising concerns that talks to change the regime would drag and derail much-needed investment.

UPDATE 2-Brazil's Bolsonaro wants concession model for pre-salt oil auctions -source

22 Nov 2018

BRASILIA/RIO DE JANEIRO, Nov 22 A top aide to Brazilian president-elect Jair Bolsonaro said on Thursday the new government would adopt concession contracts for lucrative pre-salt oil auctions, raising concerns that talks to change the regime would drag and derail much-needed investment.

Brazil's Bolsonaro faces first fiscal setback as judges' pay rises

08 Nov 2018

BRASÍLIA Brazil's President-elect Jair Bolsonaro faced the first setback in his plans to reduce the country's massive deficit on Wednesday, as the Senate approved a 16 percent pay rise for the judiciary against his wishes.

Rechtsaußen Bolsonaro gewinnt erste Wahlrunde in Brasilien

08 Oct 2018

Brasilia In Brasilien zieht der Rechtspopulist Jair Bolsonaro mit einem klaren Vorsprung in die Stichwahl um das Präsidentenamt.

Far right, ex-military officer wins Brazil vote, faces leftist in runoff

08 Oct 2018

BRASILIA Far-right Congressman and former Army captain Jair Bolsonaro won nearly half the votes in Brazil's first-round presidential election on Sunday, as voters' anger at corruption drove a major shift to the right in Latin America's largest nation. | Video

Brazil state asks top court to halt Venezuelan migration

20 Aug 2018

BRASILIA The government of the northern Brazilian state of Roraima on Monday asked the country's supreme court to halt the entry of Venezuelan immigrants, increasing pressure on the federal government to resolve a growing regional crisis.

World News

Sri Lankan police hunt 140 people after Easter bombings

Sri Lankan police are trying to track down 140 people believed linked to Islamic State, which claimed responsibility for the Easter Sunday suicide bombings of churches and hotels that killed 253 people, President Maithripala Sirisena said on Friday.