Tag: Brazil

The São João 2024 festival in Bananeiras, located in the Brejo region of Paraíba, kicked off on Friday, June 14th. This event is known...

Exciting Announcement at Cannes Lions FestivalThe Cannes Lions Festival has recently announced the judges for the new Luxury & Lifestyle Lions category, which aims...

An emergency meeting of OPEC countries+ scheduled for April 9, which will be held in format of teleconference – the center of attention of market players all over the world. The stakes are high: either the States together fail to agree on the reduction of production volumes of "black gold", or the barrel will fall to record low levels, bringing the economies of producing countries, and so lying on the side of the pandemic, a new untold disaster. A lot depends on participation in the dialogue States that have not previously been aside from cutting production. According to preliminary data, the consent to capacity limitation gave Norway, Brazil, Colombia, Egypt, Mexico, and Canada and the United States. However, the participation of the two countries in remote negotiations are not officially confirmed.

Negotiators OPEC+ reduction of oil production has failed to put the final point in the agreement because of the position of Mexico. The Minister of energy this country Nele Rocio Garcia - the only one who refused the offer of quotas to reduce production to maintain the price of a barrel. In the result, it was decided to continue negotiations on Friday, April 10.

The Prosecutor's office of the state of Rio de Janeiro appealed to the court to impose on the Federal government a fine of 20 thousand dollars. The reason was demonstrative walk of the President of Brazil Jaira of Bolsonaro in the midst of a campaign to combat coronavirus