Brazilian authorities ruled to keep four Argentine soccer players in preventive detention on Monday after their alleged involvement in a racist incident during the Ladies Cup tournament in Sao Paulo state last week.
Brazil recorded a current account deficit of $3.1 billion in November, the central bank said on Monday, widening the 12-month shortfall mainly due to a weaker trade surplus. The monthly deficit was narrower than the $3.
A small airplane crashed Sunday in Brazil, leaving 10 people dead, officials told ABC News. Luiz Claudio Salgueiro Galeazzi, a businessman, had been piloting the plane, police said. He was traveling with nine family members, including his own children. All were killed in the crash.
Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend jumbo interest rate hikes into early next year.
The plane slammed into the structure of a building under construction and fell into a furniture store, injuring 17 other people.
Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability of the country’s debt.
Oscar will return to his former club São Paulo on a three-year contract, the Brazilian Serie A side said on Tuesday.
While the restaurant is saying goodbye, its owner says, "The spirit of this space and its story may yet live on in a new chapter."
A bridge linking two northern states in Brazil collapsed, sending cars and trucks plunging into the river below. A sulphuric acid spill is complicating the rescue operation.
Ten members of a family are dead following a small plane crash near the city of Gramado in southern Brazil on Sunday, authorities said.