brazil - Shore News Network

Brazil arrests ‘Colorido,’ PCC drug gang’s No. 2 leader

April 17, 2022

RIO DE JANEIRO – Brazil’s justice ministry said on Sunday that federal police had captured the No. 2 leader of the First Capital Command (PCC), …

Brazil government sees gross debt at 79.6% of GDP in ’23, sets deficit goal at 65.9 billion reais

April 14, 2022

By Marcela Ayres BRASILIA – The Brazilian government projected on Thursday that the country’s debt will reach 79.6% of gross domestic product in 2023, rising …

Russia asks Brazil to help keep sway at IMF, World Bank

April 14, 2022

BRASILIA – Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help …

Brazil picks technocrat to lead Petrobras after succession plan mess

April 7, 2022

By Gram Slattery and Gabriel Araujo RIO DE JANEIRO – After two messy, drama-filled weeks struggling to fill the top job at state-run oil company …

Brazil real to keep close to pre-pandemic levels despite feeble economy: Reuters poll

April 7, 2022

By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive …

Nissan to invest $276 million in Brazil plant, new products

April 6, 2022

SAO PAULO – Nissan Motor Co on Wednesday said it will invest 1.3 billion reais ($276.12 million) in its plant in Resende in the Brazilian …

Toyota to close Brazil Sao Bernardo do Campo plant, shift production to other units

April 5, 2022

SAO PAULO – Toyota said on Tuesday it will close its 60-year-old plant in the Brazilian city of Sao Bernardo do Campo, its first ever …

IFC to keep pace of investments in Brazil with environmental focus

April 5, 2022

SAO PAULO – The International Finance Corporation (IFC), the World Bank’s private-sector arm, is expected to maintain the pace of its environment-focused investments in Brazil …

Brazil increases feedlots use to meet China importing requirements

April 5, 2022

By Nayara Figueiredo SAO PAULO – Driven by Chinese demand, the growth in use of feedlots in Brazilian beef production rose to about a fourth …

Brazil should keep inflation targets despite shocks, says central bank nominee

April 5, 2022

BRASILIA – Diogo Guillen, who was nominated to the board of Brazil’s central bank, said on Tuesday that it seems appropriate to keep the government’s …

Mercedes-Benz puts 5,600 workers on vacation in Brazil due to chips shortage

April 4, 2022

SAO PAULO – Mercedes-Benz Group will put more than five thousand workers on collective vacation in two plants in Brazil due to the shortage of …

Brazil central bank quadruples exposure to Chinese yuan

March 31, 2022

By Marcela Ayres BRASILIA – Brazil’s central bank more than quadrupled its foreign reserves in Chinese yuan last year, policymakers reported on Thursday, as it …

BHP prepares for fresh battle against $6.6 billion Brazil dam lawsuit

March 31, 2022

By Kirstin Ridley LONDON – Anglo-Australian mining giant BHP is preparing to battle a resurrected 5 billion pound ($6.6 billion) lawsuit in London’s Court of …

Citi expects revenue in Brazil to grow 50% over the next 3 years

March 29, 2022

SAO PAULO – Citigroup Inc expects its revenue in Brazil to grow 50% over the next three years, the chief executive of its local unit …

MercadoLibre to invest $3.44 billion in Brazil in 2022

March 22, 2022

SAO PAULO – South American e-commerce giant MercadoLibre said on Tuesday it will invest 17 billion reais ($3.44 billion) in Brazil in 2022, up 70% …

Brazil tax cut for ethanol, sugar, soy oil imports to have little impact -analysts

March 22, 2022

By Roberto Samora SAO PAULO – Brazil’s recently announced tax cut for ethanol, sugar and soy oil imports should have little impact on trade deals …

Analysts see Brazil central bank ending monetary tightening at 13% this year

March 21, 2022

BRASILIA – Brazil’s central bank will wrap up its monetary tightening with rates at 13% this year, according to a weekly survey of private economists …

Brazil stock exchange operator B3’s profit rises 6% in Q4

March 17, 2022

By Peter Frontini SAO PAULO – Brazilian stock exchange operator B3 reported on Thursday its recurring net profit for the fourth quarter grew by 6.0%, …

Brazil unveils plan to cut taxes on forex transactions by 2029

March 15, 2022March 15, 2022

BRASILIA – Brazil’s government published a decree on Tuesday to phase out taxes on financial operations using foreign exchange, known as IOF taxes, as part …

Brazil government readies $32 billion of economic stimulus -sources

March 14, 2022

By Lisandra Paraguassu and Bernardo Caram BRASILIA – Brazil’s federal government plans to announce on Thursday a program providing some 165 billion reais ($32 billion) …

Brazil to end port costs in tax calculation to cheapen imports

March 9, 2022

BRASILIA – Brazil’s government is planning to allow port costs to be excluded from tax calculations to lower the cost of imports, three Economy Ministry …

Brazil meat firms could replace Ukrainian, Russian suppliers as war rages on

March 7, 2022

By Nayara Figueiredo SAO PAULO – Soaring grain prices in the wake of Russia’s attack on Ukraine are hurting Brazilian meatpackers, but trade disruptions facing …

Stellantis weighs producing ethanol hybrid vehicle in Brazil

March 4, 2022

By Alberto Alerigi Jr. SAO PAULO – Stellantis is considering the production and sale of a hybrid vehicle powered by electricity and ethanol in Brazil …

Brazil trade balance posts biggest February surplus in five years

March 3, 2022

BRASILIA – Brazil posted a $4 billion trade surplus in February, the strongest performance for the month since 2017, official data showed on Thursday, amid …

Brazil economy minister backs bigger cooking gas subsidies as crude costs soar -sources

March 3, 2022

By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s economy minister backs a proposal to expand cooking gas subsidies for low-income families in response to …

Brazil Senate president indicates voting on proposals to lower fuel prices as oil climbs

March 2, 2022

BRASILIA – Brazilian Senate president Rodrigo Pacheco said on Wednesday that bills to curb rising fuel prices would be on the table next week amid …

Brazil to launch national fertilizer plan to stimulate investments -minister

March 2, 2022

SAO PAULO – Brazil’s agriculture minister, Tereza Cristina Dias, said on Wednesday the country will soon launch a national fertilizer plan to stimulate investments in …

Brazil central bank prepared to act in FX market in case of disproportionate contamination

February 24, 2022

By Marcela Ayres BRASILIA – Brazil’s central bank said it is prepared to act in the exchange market in case of disproportionate contamination on prices, …

Brazil hospital chain Rede D’or acquires insurer Sulamerica -report

February 23, 2022

– Brazil hospital chain Rede D’or SA acquired insurer Sulamerica Seguros in a share swap deal, according to a report on Wednesday from local newspaper …

Brazil sees private infrastructure capex nearly doubling in 2022

February 22, 2022

BRASILIA – Brazil’s government sees private investments of 78 billion reais ($15 billion) in infrastructure this year, up 95% from 2021, the economy ministry forecast, …

Brazil meatpacker Marfrig proposes shareholder Molina, Santander’s Rial for BRF board

February 22, 2022

SAO PAULO – Brazilian meatpacker BRF SA said on Tuesday that Marfrig Global Foods SA proposed appointing its controlling shareholder Marcos Molina as BRF’s chairman …

ADM sets record for single soybean shipment from northern Brazil

February 22, 2022

By Nayara Figueiredo SAO PAULO – U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history …

Brazil wholesaler Assai posts 76% increase in Q4 net profit

February 21, 2022

– Brazilian wholesaler Assai posted on Monday fourth-quarter net income of 527 million reais ($103.26 million), beating estimates as store openings accelerated.Net income rose 76% …

Brazil central bank chief says inflation still climbing

February 21, 2022

By Marcela Ayres BRASILIA – Brazil’s central bank chief Roberto Campos Neto said on Monday consumer prices continue to trend higher as core inflation speeds …

Yara buys 14% stake in Brazil farm trade platform Orbia

February 16, 2022

By Ana Mano SAO PAULO – A unit of Norwegian plant nutrition company Yara International ASA has acquired for an undisclosed sum a 14% stake …

Brazil central bank chief says market fears over Lula easing – newspaper

February 14, 2022February 14, 2022

BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da …

Coty cancels IPO plans for Brazil unit

February 8, 2022February 8, 2022

– CoverGirl cosmetics maker Coty Inc said on Tuesday it would withdraw from the planned initial public offering of its Brazilian unit, blaming adverse financial …

Volvo to invest $283 million in Brazil by 2025

February 2, 2022

SAO PAULO – Volvo’s Brazilian unit announced on Wednesday that it will invest 1.5 billion reais ($283.36 million) in the country by 2025, after reporting …

Latam stocks outshine the world in January, Brazil in focus

February 1, 2022February 1, 2022

NEW YORK – Latin American stocks outperformed their peers and the developed world in January and some regional currencies are among the strongest against the …

U.S. CDC warns against travel to Mexico, Brazil, Singapore over COVID-19

January 31, 2022

WASHINGTON – The U.S. Centers for Disease Control and Prevention (CDC) on Monday advised against travel to a dozen destinations, including Mexico, Brazil, Singapore, Ecuador, …

Authorities Charge Soccer Player In Brazil With Attempted Murder For Kicking Referee In Head

October 7, 2021

Police charged Brazilian soccer player William Ribeiro with attempted murder for attacking a referee during a match on Monday, CNN reported. William Ribeiro kicked a …

AP: 1970’s footage of Brazil’s development of the Amazon region

December 12, 2019

Footage from the early 1970’s of Brazil carving its Trans-Amazon highway through the jungle, inaugurating a river port in Santarem, and inaugurating an agricultural town …

AP: Who chopped down the Brazil nut tree?

December 12, 2019

Joao Batista Ferreira, a former beekeeper in Belterra, Para state, recites a poem he wrote with friends. The Associated Press is the essential global news …

JSZ Report: St. Benedict’s Prep – 2 Lawrenceville – 0 | USA’s No. 1 Ranked Soccer Team

November 28, 2019

Jersey Sports Zone – JSZ reports St. Benedict’s Prep – 2 Lawrenceville – 0 | USA’s No. 1 Ranked Soccer Team.

St. Benedict’s Prep made the trip from Newark to Trenton to take on The Lawrenceville School on Wednesday. The Grey Bee’s struck twice in the 80 minute match, Sebastian Chalbaud with a header in the 12th minute and Julian Gomes in the 46th. St. Benedict’s improves to a perfect 11-0 in 2017 after the 2-0 road win over Lawrenceville. Watch full highlights of the match below!

visit jerseysportszone.com for high definition video highlights and features from NJ high school sports