Author: TBR Newsroom
Jul 18, 2024 15:03 2 min read (Updated: Jul 18, 2024 15:05) Brazil’s Agriculture Ministry confirms a Newcastle disease outbreak in a poultry farm in Rio Grande do Sul. Measures are being taken to contain the highly contagious disease, which could impact the country’s poultry industry. The industry, already affected by recent floods, faces potential export bans, resulting in a significant decline in share prices for meat companies. Despite the outbreak, Brazilian commercial poultry farms have so far managed to avoid avian influenza. Control measures include isolation, quarantine, and the destruction of infected birds. The situation is being closely monitored…
May 20, 2024 10:58 2 min read Brazil boasts stunning natural beauty, from beaches to rainforests. However, a recent bill in the Senate threatens to privatize seaside land, potentially barring public access and endangering marine biodiversity. The proposal to transfer control of “marine land” to states, municipalities, or private entities has sparked controversy and raised concerns among environmental experts. This move aligns with a larger trend of economic focus in the Bolsonaro administration, shifting away from public access to coastal areas. If implemented, this bill could restrict access to Brazil’s iconic beaches, symbolizing a broader issue of inequality and exclusion…
May 28, 2024 10:37 2 min read The latest IPCA-15 index release by the Brazilian Institute of Geography and Statistics shows a 0.44 percent rise in consumer prices for the first half of May, slightly below market expectations. The index, a reliable indicator of inflation in Brazil, witnessed an acceleration after two months of slowdown, with prices rising across various product groups, notably pharmaceuticals and transportation. Finance Minister Fernando Haddad’s recent comments on the country’s inflation target of 3 percent have sparked debate among investors, leading to a downgrade in inflation forecasts for the year. The upcoming meeting of the…
May 14, 2024 21:25 2 min read Petrobras announced the sudden departure of CEO Jean Paul Prates, following lackluster Q1 results. The company’s net profits dropped by 38 percent to BRL 23.7 billion. Prates had been in a power struggle with Mines and Energy Minister Alexandre Silveira over Petrobras’s direction. Despite the financial challenges, his exit was not directly linked to the results. Mr. Prates will be succeeded by Magda Chambriard, former head of Brazil’s National Oil Agency. The change in leadership signifies a shift in Petrobras’s strategy and decision-making process. For more detailed information on this developing story, be…
May 14, 2024 17:58 3 min read The Brazilian Report on Tuesday won the 2024 Digiday Media Award for Best Story for their scoop on the plan to hack Brazil’s chief electoral justice. The award-winning story uncovered hacker Walter Delgatti’s attempt to clone the SIM card of Supreme Court Justice Alexandre de Moraes to dig up damaging information. Other notable winners of the 2024 Digiday Media Awards include TIME magazine, Salesforce, The Wall Street Journal, The Hershey Company, and Fortune. The Brazilian Report’s investigation provided crucial evidence regarding a conspiracy to discredit Justice Moraes, who has been a target of…