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Brasilia

Brasilia

Brazil reports surprise primary surplus in February

Author of the article: BRASILIA — Brazil on Monday reported an unexpected public sector primary surplus in February, boosted by federal transfers to states and municipalities and higher revenue from fuel sales. The public sector surplus excluding interest payments totaled 3.5 billion reais ($700.17 million) in February. Economists polled by…
bubmag
May 2, 2022
Brasilia

Bolsonaro responds after DiCaprio urges Brazil youth to vote

BRASILIA: Jair Bolsonaro clapped back Friday after US actor and environmentalist Leonardo DiCaprio urged Brazilian youth to register to vote in the country’s October elections -- implying they should vote against the far-right president. The Hollywood star had posted a message on Twitter Thursday saying that “Brazil is home to…
bubmag
April 30, 2022
Brasilia

Brazil paper plane pilots seek international glory

A competitor throws his paper plane during the national Red Bull Paper Wings paper airplane throwing championships at the Museum of Tomorrow in Rio de Janeiro, Brazil. — AFP pic BRASILIA, April 23 — More than a century after their beloved countryman Alberto Santos-Dumont made aviation history, young Brazilians are…
bubmag
April 23, 2022
Brasilia

Brazil’s record trade surplus in March misses market expectations

Author of the article: BRASILIA — Brazil posted a record trade surplus for March, of $7.4 billion, official data showed on Friday, but the number was well below market forecasts amid expectations that exports would rise as commodity prices spike. Economists projected a $9.01 billion surplus for the month, according…
bubmag
April 1, 2022
Brasilia

Brazil’s Bolsonaro admitted to hospital after feeling ‘unwell’

Brazilian President Jair Bolsonaro was admitted to a military hospital in Brasilia Monday to undergo tests after feeling unwell, local press reported. Also on Monday, the president decided to replace the president of state-owned oil giant Petrobras, Joaquim Silva e Luna, amid strong pressure due to recurrent increases in fuel…
bubmag
March 29, 2022
Brasilia

Brazil vote pits good against bad, Bolsonaro says at re-election launch

BRASILIA (Reuters) - Brazil's far-right President Jair Bolsonaro launched his re-election campaign on Sunday, telling thousands of cheering supporters that opinion polls were wrong and he is sure to win this year's election that pits good against bad. Bolsonaro faces a tough challenge to win re-election against his political nemesis,…
bubmag
March 27, 2022
Brasilia

How to save the Amazon? Brazil company says NFTs are the answer

Global agricultural production giant Brazil is caught between environmental pressures and the interests of large-scale farmers. — Reuters pic BRASILIA, March 26 — A Brazilian company that owns 410 square kilometres of Amazon rainforest is offering a new way to fund conservation: selling non-fungible tokens (NFTs) that allow buyers to…
bubmag
March 26, 2022