Latest Brazil News

UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024

May. 16, 2024 19:27 PM EDT

UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024...

Anitta defends her Afro-Brazilian faith after new music video costs her some followers

May. 15, 2024 23:08 PM EDT

RIO DE JANEIRO (AP) — Brazil’s biggest pop star, Anitta, has released a music video depicting rituals of the Afro-Brazilian faith Candomble, sparking controversy in a country where religious intolerance is all too common. Her track — pointedly named “Accept” — has been...

A second scourge is battering Brazil's flooded south: Disinformation

May. 15, 2024 21:14 PM EDT

SAO PAULO (AP) — While flooding that has devastated Brazil’s Rio Grande do Sul state has yet to subside, another scourge has spread across the region: disinformation on social media that has hampered desperate efforts to get aid to hundreds of thousands in need. Among fake...

CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends

May. 15, 2024 15:33 PM EDT

RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said Wednesday, following months of tensions with the federal government. Petrobras opted not to pay extraordinary dividends to its shareholders earlier this...

Petrobras: Q1 Earnings Snapshot

May. 14, 2024 05:09 AM EDT

RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Monday reported first-quarter profit of $4.78 billion. The Rio De Janerio Rj Br, Brazil-based company said it had net income of 74 cents per share. Earnings,...

Flooding forecast to worsen in Brazil's south, where many who remain are poor

May. 11, 2024 19:05 PM EDT

ELDORADO DO SUL, Brazil (AP) — More rain started coming down on Saturday in Brazil’s already flooded Rio Grande do Sul state, where many of those remaining are poor people with limited ability to move to less dangerous areas. More than 15 centimeters (nearly six inches) of rain...

Caramelo, the Brazilian horse stranded on a roof by floods, is rescued after stirring the nation

May. 10, 2024 02:10 AM EDT

CANOAS, Brazil (AP) — A Brazilian horse nicknamed Caramelo by social media users garnered national attention after a television news helicopter filmed him stranded on a rooftop in southern Brazil, where massive floods have killed more than 100 people. About 24 hours after he was...

AP Week in Pictures: Latin America and Caribbean

May. 10, 2024 00:16 AM EDT

May 3-9, 2024 A rare snowfall blankets Chile's capital, Madonna’s biggest-ever concert turns Rio’s Copacabana beach into a dance floor, and floods continue to ravage Brazil's Rio Grande do Sul state. This photo gallery highlights some of the most compelling images...

Vinci Partners: Q1 Earnings Snapshot

May. 09, 2024 18:35 PM EDT

LEBLON-RIO DE JANEIRO, Brazil (AP) — LEBLON-RIO DE JANEIRO, Brazil (AP) — Vinci Partners Investments Ltd. (VINP) on Thursday reported earnings of $9.3 million in its first quarter. On a per-share basis, the Leblon-Rio de janeiro, Brazil-based company said it had net income of 16...

Paralympian loses medals and equipment in Brazilian floods but is improvising to qualify for Paris

May. 09, 2024 13:25 PM EDT

PORTO ALEGRE, Brazil (AP) — Vanderson Chaves has faced many challenges in more than a decade as a Paralympic fencer, but none as fearsome as the massive floods in Brazil’s Rio Grande do Sul state. The waters washed away his equipment, dozens of medals, his passport — and might...