News of sao paulo

Coronavirus economies

IMF forecasts deeper Latin America recession in 2020

24-06-2020 16:59 International Monetary Fund predicts 9.4% contraction in Latin America and the Caribbean, largely due to the economies of Mexico and Brazil, both of which are struggling to contain the Covid-19 pandemic.

Coronavirus pandemic

São Paulo homeless face choice between cold and virus risk

13-05-2020 11:52 Brazil's biggest homeless population has begun succumbing to COVID-19, and activists warn the worst is yet to come as colder weather bears down and shelters risk becoming hotbeds for infection.

Coronavirus consequences

Brazil risks 'economic collapse' over virus lockdown, says economy minister

08-05-2020 00:05 Brazil is facing an economic contraction of 5.3% this year, the International Monetary Fund forecasts.

Argentine forward cleared

'I'm healed': Dybala gets all-clear after coronavirus

06-05-2020 15:02 Juventus star Paulo Dybala posts message declaring: "I can finally confirm that I am healed."

Coronavirus pandemic

Brazil passes 5,000 deaths from Covid-19, says Health Ministry

29-04-2020 13:02 Brazil, the South American country worst-hit by the coronavirus pandemic, has registered more than 5,000 deaths from Covid-19. President Jair Bolsonaro said he cannot perform “miracles” to curb the virus spread.

Coronavirus pandemic

Brazil becomes a coronavirus hot spot as testing falters

26-04-2020 09:06 Medical officials in Rio de Janeiro and at least four other major cities warn their hospital systems are on the verge of collapse, or already too overwhelmed to take any more patients.

BLOOMBERG - OPINION

Coronavirus pandemic reverses Brazil's economic course

23-04-2020 08:15 When Paulo Guedes, Brazil’s University of Chicago-schooled economy minister arrived in office, he came with an aggressive market-friendly vision for re-founding Latin America’s biggest economy. But the coronavirus pandemic has torn up Guedes’ plans and left him out in the cold.

Coronavirus pandemic

Latin America's biggest cemetery braces for impact

02-04-2020 18:10 Brazil's Vila Formosa cemetery, the largest in Latin America with an area of 780,000 square metres and where more than 1.5 million people are buried, has had a 30% increase in burials since the beginning of the Covid-19 pandemic.

FOOTBALL

Dybala, Maldini test positive for coronavirus

21-03-2020 18:16 Argentina striker Paulo Dybala said Saturday that he has become the third Juventus player to test positive for coronavirus.

BLOOMBERG - OPINION

Coronavirus reopens fiscal debate for Brazil and Latin America

18-03-2020 15:08 Even if most Latin American countries have yet to manifest the full brunt of the pandemic, economic contagion is already at hand.

by Mac Margolis

Coronavirus pandemic

Brazil confirms first Covid-19 death, Bolsonaro mocks 'hysteria'

17-03-2020 15:40 Brazil confirmed its first death from the coronavirus on Tuesday, as São Paulo and Rio de Janeiro declared a state of emergency over the virus outbreak.

LATAM MARKETS

LatAm stock exchanges suffer new plunge over coronavirus

12-03-2020 22:36 Argentina's main stock exchange crashed by nearly 10 percent on Thursday as markets continued to panic, while falls also recorded in Chile, Colombia and Brazil.

Corornavirus consequences

Argentina suspends sporting events in March amid coronavirus fears

11-03-2020 14:55 After much confusion amid contrasting statements, sporting authorities in Argentina announce suspension of a large number of sporting events throughout March.

International football

Argentina calls up Italy-based players for matches, despite virus fears

11-03-2020 12:31 Despite the suspension of all sporting events in Italy, due to the coronavirus outbreak, Argentine national team still calls up six players based in country.

Bloomberg

Buffett-backed 30-year-old goes to war with Latin American banks

05-03-2020 13:31 São Paulo-based company led by Thiago Piau, Stone Co, is no stranger to picking fights with giants. However, banks have retaliated, prompting a price war.

Bloomberg

Brazil, Argentina compete Inter-American development bank top job

04-03-2020 16:50 Brazil is pushing for its own candidates to lead the Inter-American development bank, competing with Argentina; a decision will likely come between July and September.

Coronavirus Outbreak

Brazil confirms case of coronavirus; Argentina takes precautions

26-02-2020 13:29 Argentina has begun implementing precautionary measures to fight the spread of coronavirus, after Brazil confirms Latin America's first case of the disease and the number of confirmed cases in Italy continues to grow.

Diego does Caracas

Maduro welcomes Maradona to Caracas ahead of São Paulo Forum

22-01-2020 12:17 Gimnasia boss, a long time supporter of Chavismo, visits under-fire socialist leader in Venezuelan capital.

Mercosur 'Braxit'?

Brazil's economy minister: We have 'no problem' with Alberto Fernández

27-11-2019 12:43 At a conference in Washington, Economy Minister Paulo Guedes pours cold water on renewed speculation that Brazil could leave the Mercosur trade bloc when Alberto Fernández takes office.

2019 Latin Grammys

Argentine artists showcase talents as emerging artists take over Latin Grammys

15-11-2019 16:29 Small but mighty presence of Argentines at 2019 Latin Grammys showcase the country’s musical diversity, including pop, trap, and rock.

BLOOMBERG

Raging fires and dark skies put Brazil’s Bolsonaro in spotlight

22-08-2019 11:14 With the "lungs of the planet" aflame, experts scramble for answers to confront the environmental policies of Brazil's far-right president.

Bolsonaro's Brazil

Bolsonaro pension reform passes first vote in Congress

11-07-2019 12:34 Lower House of Congress votes 379 to 131 to approve base text, as protesters take to streets in opposition.

BLOOMBERG

A common Brazil-Argentina currency? A 'distant mirage' for now

10-06-2019 09:09 Worried about possible noise caused by the discussion, Brazil’s Central Bank issued a statement late at night on Thursday denying there are ongoing plans or even studies for a monetary union with Argentina.

ECONOMIC OUTLOOK

Brazil faces recession risk after economy shrinks in first quarter

31-05-2019 07:39 Latin America's biggest economy on brink of recession once again, new data confirms.