Long-term foreign investment of well over $100 billion a year is ready to pour into Brazil if the government passes business friendly reforms, according to some economists, providing fuel for an economy that failed to take off following a brutal 2015-16 recession. Brazil ranks second only to China among emerging markets in terms of drawing foreign direct investment,
Brazil’s Petroleo Brasileiro (Petrobras) drew appreciation from investors last month for announcing a plan to sell off eight of its refineries in a process the company says could fetch some $15 billion. But analysts and industry experts say that while the divestments will help Petrobras shore up its finances,
Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), received recently, in his office at the SCCI, Luis Limos Iqerga, the Brazilian Ambassador to the UAE. The meeting was attended by Mohamed Ahmed Amin, Acting Director-General of the SCCI, Saif Mohammed Al-Midfa, the CEO of Expo Centre Sharjah,
The quake hit at 0741 GMT about 75 kilometers southeast of the town of Lagunas, along the Amazon basin near the border with Brazil.
The condemned four-storey buildings collapsed on Friday in the hillside neighbourhood of Itanhanga, an area that was hard hit by recent heavy rains and flash floods.
Brazilian police have taken into custody a parrot belonging to drug dealers that was trained to tip its owners off about impending raids.
Classes were suspended in federal universities and secondary schools across Brazil's 27 states in the first nationwide protests against the far-right president since he took office on January 1.
Surrounded by vultures perched on trees awaiting their turn, Venezuelan migrants scrape out a living scavenging for metal, plastic, cardboard and food in a Brazilian border town's rubbish dump.
Thousands of supporters of far-right President Jair Bolsonaro took to the streets across Brazil on Sunday in a protest seen as a gauge of the embattled leader’s popularity only five months into his term.
Four firefighters were hospitalised after battling the overnight blaze at Badim Hospital and about 90 patients were transferred to other hospitals, according to the fire department. Authorities said that a short circuit in a generator could have sparked the blaze.
The fire broke out at dusk on Thursday at the Badim hospital in the north of Rio, sending medical staff and relatives into a desperate flurry to try to evacuate scores of patients.