Brazil’s Odebrecht to Pay U.S., Switzerland Billions in Fines
Already considered the largest-ever global bribery accord, Odebrecht, and subsidiary Braskem, agree to pay two foreign countries over US$3.5 billion...
December 22, 2016
Petrobras of Brazil Closes US$2.2 Billion Deal With Total
The agreement calls for selling participation in two pre-salt oil areas, 50 percent of two thermal plants and shared use...
December 22, 2016
Officials Worry About Chikungunya Virus Epidemic in Rio de Janeiro
The official warns that unlike dengue, persons infected with the chikungunya virus may develop chronic joint problems for months or...
December 21, 2016
Brazil to File Complaint Against Canada and Bombardier at WTO
Brazil says Canada's government injected US$2.5 billion into aircraft manufacturer Bombardier, affecting the competitiveness of the market.
December 21, 2016
Irregularities in 41 Percent of Campaign Donations in Brazil
Among the irregularities registered in the 2016 municipal election donations were deceased donors and those in social welfare programs.
December 20, 2016
Turmoil in Brazil Not to Effect Economy, GDP to Grow
Finance Minister Meirelles says the economic agenda continues normally despite current political turbulence and that GDP will grow by 2...
December 20, 2016
Brazil’s Supreme Court to Receive Plea Bargaining Accords
As many as two hundred politicians from all political parties maybe named by Odebrecht executives as being involved in the...
December 19, 2016
Number of Foreigners Seeking Work Visas in Brazil Fell in 2015
In addition to being in the middle of the country’s harshest recession in decades, foreigners found were discouraged by the...
December 19, 2016
Brazil’s Ex-President Lula Sues Prosecutors for Defamation
The ex-leader wants R$1 million for the PowerPoint presentation which had his name in the center and became an instant...
December 16, 2016