Brazil’s class of 2018 on verge of matching 1970s winless run

By Andrew Downie SOCHI, Russia, Jun 18 : Brazil’s draw with Switzerland has left them one game away from equalling their longest winless streak in the World Cup – a run of four matches without victory spanning the 1974 and 1978 tournaments. Brazil lost their last two games at home in 2014, a 7-1 hammering […]

Brazil power grid braces for demand swings during World Cup games

By Luciano Costa SAO PAULO, June 12 : The Brazilian government has prepared the country’s power grid to deal with the wild swings in demand for electricity as most people in the soccer-mad country tune out everything except their televisions to watch the national team play in the Fifa 2018 World Cup. Brazil comes to […]

Brazil overhauls decades-old mining law, eyeing investment

By Jake Spring BRASILIA, June 12 : Brazil’s President Michel Temer will issue two decrees on Tuesday overhauling mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties, the Mines and Energy Ministry said. The changes to the mining code include measures to allow for […]

Brazil economy expands for fifth straight quarter

By Rodrigo Viga Gaier and Bruno Federowski RIO DE JANEIRO/BRASILIA, May 30 : The Brazilian economy expanded in the first three months of 2018 for a fifth straight quarter, as expected, easing fears of a slowdown before a nationwide trucker protest this month roiled Latin America’s largest economy. Brazil’s gross domestic product (GDP) grew 0.4 […]