SAO PAULO, Brazil – Embraer, the Brazilian aerospace giant that produces commercial, military, executive, and agricultural aircraft is now taking the next step in unveiling a prototype for an electric flying car aimed at the passenger market as part of its project to develop an air urban mobility ecosystem. The working prototype took to the … Read more
SÃO PAULO – French multinational Carrefour, an operator of retail and grocery stores in Brazil, announced this week the launch of its first two autonomous neighborhood markets. The convenience stores will operate without humans at checkout counters and without customer service, a model that goes a step beyond Amazon’s Just Walk Out technology which runs … Read more
SAO PAOLO, Brazil – The president of the Republic of Brazil has been sanctioned by a court and ordered to pay indemnification for “moral damages” stemming from his use of sexual innuendo to discredit the veracity of reports by Folha de S. Paulo journalist Patricia Campos Mello, repeating an accusation that she had offered sex … Read more
Recommendations arriving at the White House this week from NGOs and experts comprising the US Network for Democracy in Brazil, USNDB, request the Biden administration suspend all political and economic agreements, negotiations, and alliances made with the Bolsonario regime. In a 31-page document, written by professors from 10 universities, directors of NGOs such as Greenpeace … Read more
The world’s third-largest oil importer is diversifying oil imports away from the Middle East and is buying crude from North and South America, according to various reports. A first cargo of Brazil’s grade Tupi was booked by Mangalore Refinery and Petrochemicals Ltd., reported Bloomberg. State-run Hindustan Petroleum Corporation and HPCL-Mittal Energy Ltd, have also placed … Read more
Projected Gross Domestic Product growth for Latin America and the Caribbean is put at 3.2% for 2021-2023, according to projections of the Inter-American Development Bank, while Brazil’s expected growth is 2.7%. When Brazil is excluded, projected growth for the Southern Cone countries–Argentina, Chile, Paraguay, and Uruguay –is 3.5%. “Brazil has significant challenges –it needs to enact a … Read more
SAO PAOLO, Brazil – The Comissão de Valores Mobiliários do Brasil has approved blockchain investment EFTs to trade the Sao Paulo-based B3 exchange. The move follows the approval of 3 similar funds in Canada in the last months. Rio-based QR Asset Management will make its first offering of $100m for qualified investors in June. By … Read more
SAO PAOLO, Brazil – The skies over Sao Paulo state are roaring with low-altitude flights of the Saab-designed Gripen-E military aircraft being built by the Swedish company but completed and serviced at a nearby Embraer plant and Brazil’s National Aircraft Development Center. The airplanes are part of a $4.5 billion order for 36 aircraft by … Read more
Unlike in the US and Europe, the political left in South America is often mum on climate change, says an analysis by Americas Quarterly, which identifies a trend of diverging goals between leftist leaders and environmentalists in the region. The report notes how Bolivia’s Evo Morales opened up the Tipnis Protected Area for energy exploration, … Read more
SAO PAULO - Antonio Sera survived 36 days in the thick jungle along the Para River in Brazil’s lower Amazonia after his plane crashed and burned January 28. Government rescuers found no trace of him and gave up after a week. He told the Folha of Sao Paulo that he survived by eating fruit that … Read more
SAO PAULO, Brazil – A judge in the country’s Supreme Court declared the corruption trials against former President Lula da Silva invalid and thus the conviction for which he served time in prison also invalid. Further, it means he can run in the presidential elections of 2022. Lula, Brazil’s leftist icon, would challenge right-wing populist … Read more
Territorial incursions, bridge blockades, and now an ongoing encampment of mostly Haitian refugees that blocks passage over the Friendship Bridge that connects the two nations are growing into an unsustainable impasse, and the situation is fast-turning into a 3-country crisis, say authorities in Brazil’s far west state of Acre. More than 400 refugees are stranded … Read more