A spate of farmer defaults in Brazil's top grain-producing state is creating headaches for global traders who are among their main creditors and posing challenges to the widespread use of barter in the world's largest soybean exporter.
Brazil's President Jair Bolsonaro on Monday emphasised the importance of pension reform to Brazil's economic progress, but a powerful lawmaker said the president's failure to engage with Congress means the bill is still well short of the votes needed for it to pass.
Brazil's President Jair Bolsonaro said on Monday he wants his pension reform bill to be approved in Congress with as few changes as possible, adding that he respected the lawmakers in whose hands the proposal's fate lies.
An armed group entered a bar in the Brazilian northern city of Belem on Sunday and fired at patrons, killing 11 people and leaving one wounded, according to local media reports.
The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.
The rapid acceleration of the Brazilian real's slide against the dollar this week has put traders on high alert for intervention from the central bank to stop the rot, although so far there is no sign the central bank has shown its hand.
Nestle SA will increase its natural and organic products in Brazil, its No. 4 market worldwide, as part of a wider Americas plan to cut sugar, sodium and saturated fats in its food, a spokesman said.
Tens of thousands of protesters gathered in cities across Brazil on Wednesday to rally against education spending freezes in the biggest demonstrations yet against President Jair Bolsonaro, who called marchers "useful idiots and imbeciles."
Brazilian federal prosecutors are suing the government, seeking an injunction to block President Jair Bolsonaro's gun decree that liberalized weapons regulation, according to a statement on Wednesday from the federal prosecutor's office.
Venezuela's armed forces will either depose President Nicolas Maduro and lead a transition to democratic rule or face divisions that risk a civil war, the Brazilian government's top security adviser said on Tuesday.