Brazil recession deepens, worst annual drop on record
December 1, 2015 By Silvio Cascione and Brad Haynes BRASILIA/SAO PAULO (Reuters) – Brazil’s economy shrank 1.7 percent in the third quarter, deepening its sharpest recession in 25 years and stoking...
View ArticleBrazil’s Lula detained in corruption probe; Rousseff objects
March 5, 2016 By Brad Haynes and Anthony Boadle SAO PAULO/BRASILIA (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva was briefly detained for questioning on Friday in a federal...
View ArticleMoody’s upgrades Argentina as end to creditor battle nears
April 15, 2016 By Maximiliano Rizzi and Sarah Marsh BUENOS AIRES (Reuters) – Moody’s bumped up Argentina’s credit rating one grade to “B3” on Friday due to “economic policy improvements” under a new,...
View ArticleBrazil’s shrewd Senate boss unlikely to rescue Rousseff
April 18, 2016 By Brad Haynes and Alonso Soto MACEIO/BRASILIA, Brazil (Reuters) – Dilma Rousseff is not the first Brazilian president forced to contemplate the loyalty of Renan Calheiros on the eve of...
View ArticleArgentina returns to global debt markets after 15-years
April 19, 2016 By Hugh Bronstein and Sarah Marsh BUENOS AIRES (Reuters) – Marking a rare bright spot among gloomy emerging markets, Argentina sold $16.5 billion of sovereign debt on Tuesday in its...
View ArticleUber offers helicopters to escape Sao Paulo gridlock
June 13, 2016 By Brad Haynes and Alberto Alerigi Jr. SAO PAULO (Reuters) – For commuters who imagine soaring above Sao Paulo’s notorious traffic jams, ride-hailing app Uber is offering to make that...
View ArticleBrazil police arrest former finance minister in Petrobras probe
September 23, 2016 By Brad Haynes and Brad Brooks SAO PAULO (Reuters) – Brazilian police arrested former Finance Minister Guido Mantega on Thursday as a sweeping corruption investigation struck further...
View ArticleBrazil and Colombia pledge to fight drug trafficking
February 1, 2017 By Luis Jaime Acosta and Brad Haynes BOGOTA/SAO PAULO (Reuters) – Defense ministers from Brazil and Colombia agreed to step up their fight against drug traffickers at a meeting on...
View ArticleBrazil raises income limits for subsidized mortgage program
February 6, 2017 SAO PAULO (Reuters) – Brazil’s government said on Monday it was raising income limits for a subsidized mortgage program in an effort to spur the country’s struggling construction...
View ArticlePepsiCo bidding for Brazilian dairy company Vigor: newspapers
March 8, 2017 SAO PAULO (Reuters) – PepsiCo Inc <PEP.N> has bid to acquire Brazilian dairy company Fábrica de Produtos Alimentícios Vigor SA, according to reports published in two Brazilian...
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