Brazil slashed temporarily the import tax on COVID-19 vaccines and other products related to the fight of the new coronavirus. According to the resolution from the Ministry of Economy's Chamber of Foreign Trade, CAMEX, the objective is to “facilitate the fight against the pandemic”.
Egypt has become one of the main suppliers of garlic to Brazil, with data this year showing that in the first eight months the product sales have already exceeded US$ 5 million, according to SECEX, Brazil's foreign trade secretariat.
Latin America has started to resume normal social and public life at a time when the COVID-19 pandemic still requires major control interventions, World Health Organization regional director Carissa Etienne warned.
Mike Pompeo on Thursday became the first US secretary of state to visit Guyana and Suriname as the discovery of oil fuels a sudden new interest in the small South American nations.
Argentina's peso currency plunged further into record low territory after the central bank tightened currency controls. The peso opened almost 0.1% weaker at 75.25 per U.S. dollar, traders said, and the country risk rose 38 basis points to 1,157. The black market peso or blue dollar plummeted 9.7% to open at a new all-time low 145 per U.S. dollar.
Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, pledging to stimulate the coronavirus-hit economy with “forward guidance” rather than more rate cuts because of the risk to financial market stability that they could pose.
The Venezuelan government was accused of committing crimes against humanity in a report published on Wednesday by a United Nations-backed fact-finding mission.
A group of eight European countries urged Brazil to take “real action” to combat rising deforestation in the Amazon rainforest, which is threatening Europe’s desire to source food and other products sustainably.
Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.
President Donald Trump’s administration took new steps to curb steel imports from Brazil and Mexico, boosting protections for battered U.S. steelmakers and jobs in the election battleground states of Pennsylvania, Ohio, and Michigan.
The Brazilian Army has received a shipment of thirty armored tanks donated by the United States. The special operation was organized by Portos do Paraná together with representatives of the 5th Regional Military Command and Marcon Logística Portuária. The vehicles came from Galveston, Texas, to be used in training, combat, and defense.
Mauricio Claver-Carone, the White House official elected to lead Latin America’s regional development bank, said he aims to play a constructive role in Argentina’s negotiations with the International Monetary Fund.
The Spanish government has asked the Venezuelan authorities to offer ‘democratic guarantees’ in the upcoming parliamentary elections, Foreign Minister Arancha Gonzalez Laya said.
Clinical trials for the coronavirus vaccine being developed by AstraZeneca PLC and Oxford University resumed in Brazil on Monday after the country’s health regulator got confirmation over the weekend that its British equivalent MHRA had approved the restart, a company representative said.
Fires are raging in the wetlands of west-central Brazil, leaving behind a vast swath of charred ruins in a paradise of biodiversity. The enormous fires have destroyed nearly 12% of the world’s largest tropical wetland, partially reducing to ashes one of the most biologically diverse ecosystems on the planet.
