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20/05/2017

A battle is brewing over how big a fine the group will pay, with prosecutors seeking 11.2 billion reais ($3.44 billion) over 10 years, equivalent to 5.8 percent of the group's total revenue last year, the prosecutors said in a statement.

The brothers whose deft dealmaking helped build JBS SA into the world's No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians.

09/05/2017

One is the country's most popular president ever and the front-runner in next year's election - a former union leader who still whips up crowds with his fiery and folksy oratory. The other, a soft-spoken law professor who represents Lula's main obstacle to power.

When Brazil's former President Luiz Inacio Lula da Silva and Judge Sergio Moro meet for the first time in a courtroom on Wednesday, the contrasts - and the stakes - could hardly be greater.

03/05/2017

The U.S. bill would provide $10 million in humanitarian aid to the struggling country, require the State Department to coordinate a regional effort to ease the crisis, and ask U.S. intelligence to report on the involvement of Venezuelan government officials in corruption and the drug trade, according to a copy seen by Reuters.

An influential group of Republican and Democratic U.S. senators will file sweeping legislation on Wednesday to address the crisis in Venezuela, including sanctioning individuals responsible for undermining democracy or involved in corruption, Senate aides said.

02/05/2017

Brazilian Justice Minister Osmar Serraglio sent federal police to prevent further conflicts and aid state authorities in investigating the incident, involving farmers and "supposed indigenous people" in Maranhao, according to a ministry release.

More than a dozen members of an indigenous tribe were injured in a dispute over land in northern Brazil, including at least one whose hands were hacked off, according to reports from indigenous rights groups on Monday.

28/04/2017

President Michel Temer's efforts to pass pension and labor reforms have deeply angered many Brazilians. Temer has proposed a minimum age for retirement, which would compel many employees to work longer to receive a pension and reduce payouts in a country were many workers retire with full benefits in their 50s.

Brazilian unions on Friday led the nation's first general strike in over two decades to protest President Michel Temer's austerity measures, hitting public transport and closing schools, factories, banks and other businesses in every state.

28/04/2017

Imposing a tariff on ethanol imports, which come almost entirely from the United States, would put Brazil on a collision course with the more aggressive U.S. trade policy under President Donald Trump

Agriculture Minister Blairo Maggi has asked Brazil's foreign trade council to impose tariffs on ethanol imports following a surge in shipments from the United States, an official said on Thursday, a move that could stir trade tensions with the Trump administration.

26/04/2017

Brazil's scandal-plagued Senate voted 54-19 to approve a measure that punishes public servants and members of the government, legislature and judiciary for so-called "abuse of power.

Brazilian Senators, two dozen of whom are being investigated for corruption, pushed through a bill on Wednesday that judges and prosecutors have criticized as curbing their authority to carry out investigations, mainly of corrupt politicians themselves.

26/04/2017

Weeks ago, Sao Paulo's new Mayor Joao Doria donned orange overalls and a face mask to help spray gray paint over some 15,000 square meters of street art along a stretch of the city's Avenida 23 de Maio.

It took Brazilian artist Iaco one minute to whip out a can of spray paint and write "doria" seven times across a gray wall in Sao Paulo.

20/04/2017

Labor unions are threatening months of street demonstrations even after President Temer has repeatedly watered down a reform proposal, which would trim some of the world's most generous pension benefits in order to boost investor confidence in Brazil's slumping economy.

The Brazilian government on Wednesday agreed to lower the minimum retirement age for police officers in a pension reform, a day after members of their unions stormed Congress to protest the controversial bill aimed reining in soaring public debt.

17/04/2017

Evidence of economic growth in Brazil after two years of a severe downturn suggests that government efforts to bolster growth through deep interest rate cuts and market-friendly reforms could be starting to bear fruit.

Economic activity in Brazilgrew in February at the fastest pace since January 2010, acentral bank indicator showed on Monday, in the strongest signyet that Latin America's largest economy is emerging from atwo-year recession.

17/04/2017

Brazilian President Michel Temer said he would not fire any of his ministers before they are formally accused by prosecutors, which could take months or even years. However, he said that the scandal is "embarrassing" and may lead some ministers to step down.

Brazilian President Michel Temer said on Monday he expects some of his ministers to resign after they were implicated in a massive corruption investigation, but said this would not stop his government from approving landmark economic reforms.

12/04/2017

"A chance for a clean start," O Globo, an influential Rio de Janeiro daily, said on Wednesday's front page.

For some in Brazil, the decision by a Supreme Court judge to place many top politicians under investigation for suspected corruption, including leading contenders in next year's presidential race, clears the way for a new era in politics.

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