Brazilian telecoms regulator
Anatel said on Friday it prefers a market solution for carrier
Oi SA , which has been struggling to turn
around its business since filing for bankruptcy protection in
Brazil's backsliding on Amazon conservation under right-wing President Jair Bolsonaro and a likely Peronist return to power in Argentina could delay or even derail ratification of an EU-Mercosur trade agreement that took two decades to negotiate.
Talk about being in the right place at the right time. These folks in Guaíba, Brazil, escaped their car mere moments before the vehicle burst into flames. Even luckier, a fire truck just happened to be driving by and immediately stepped in to extinguish the fire. Subscribe to our YouTube!
Latin American stocks rose on Friday with
a global rebound in equities, as expectations of further
stimulus by central banks offset worries of sluggish economic
growth, while Argentina's peso was set to record its worst week
in over 3 years.
MSCI's index of Latin American stocks rose
0.8% led by gains on Brazil's Bovespa.
The index was still on track to lose close to 6% through a
chaotic week as mounting worries of a global recession sparked
The Brazilian government is
considering intervention in telecommunications carrier Oi SA
, as the company struggles to recover since it filed
for bankruptcy protection in June 2016, newspaper O Estado de S.
Paulo reported on Friday.
Norway has suspended donations supporting projects to curb deforestation in Brazil after the country's right-wing government blocked operations of a fund receiving the aid, the Norwegian ministry of climate and environment said on Thursday.
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