Latest in Tag: Brazil Highlight
Latest in Tag: Brazil

Brazilian court rules against WhatsApp for refusing to comply in drug trafficking case
Brazil’s top court has frozen millions of dollars in WhatsApp’s funds. The company is accused of obstructing a federal investigation related to drug trafficking.

New Brazilian government suspends plans to welcome Syrian refugees
Under the new government, Brazil is abandoning plans to accept more Syrian refugees. Some fear the move will complicate the lives of the 2,200 Syrians who have already come. Bruce Douglas reports from Rio de Janeiro.

Jaguar used in Olympic torch ceremony shot dead in Brazil
A jaguar used as part of the Olympic torch ceremony in Brazil has been shot and killed after escaping. The Olympic Committee said it was “very unhappy” about the tragic shooting

Russia makes final plea to IAAF over athletics suspension
Russia is pleading to have its athletics suspension overturned so it can compete at the Olympic Games in Brazil.

Brazil fire coach Dunga
After a dismal performance at the Copa America, the Brazilian national team have promptly given Carlos Dunga the sack. There was no immediate word about who would take over and lead the team into the Summer Olympics.

Prosecutors in Spain ask for Brazilian striker Neymar to be tried for concealing funds
Brazilian striker Neymar has been accused of concealing the true cost of his 2013 transfer deal from Brazil’s Santo to FC Barcelona. If the case comes to trial he will follow Lionel Messi into court.

Government crisis in Brazil urgently seeking savior
In Brazil’s political crisis anything seems possible these days. How long will Vice-President Temer cling to his post? Will there be early elections? Even a comeback of President Rousseff could happen.

Brussels suicide bomberâs brother bound for Rio Olympics
The younger brother of one of the Brussels suicide bombers will compete for Belgium at the Olympic Games in Brazil after winning gold at the European Taekwondo Championships.

Brazil accused of unscrupulous foreign loans
Campaigners have claimed the Brazilian national development bank is lending money to damaging foreign projects without proper due diligence. Donna Bowater reports from Rio de Janeiro.

Historic moment for Brazil’s left as Workers’ Party rallies around Lula
Accusations against former president Lula da Silva in Brazil’s corruption probe have mobilized the ruling party, yet embattled President Dilma Rousseff remains out in the cold. Donna Bowater reports from Rio de Janeiro.

Egyptian-Brazilian trade ties indicate strong relationship
Brazil and Egypt continue to enjoy strong trade relations, a resounding demonstration of the countries’ strategic partnership. It is a relationship that stems back as far as 1924 when bilateral relations between Egypt and Brazil began. Over the years, the countries have enjoyed friendly ties and struck agreements on many important global issues, particularly in …

Brazil gears up for 2016 Summer Olympics
Brazilian metropolis Rio de Janeiro has a lot to do before hosting the Summer Games, including overcoming economic crisis and cleaning up its harbor. Eight months before the Games begin, here’s a progress report.

Full impacts from Brazil’s largest environmental disaster still not known
After a breached mine tailings dam released a torrent of toxic mud across villages and land in southwestern Brazil, the full extent of the disaster has yet to become clear. Other dams are also at risk of breaking. Two weeks after the dam holding back a waste collection pond at the Samarco iron ore mine, …

Brazil’s Marin agrees to US extradition in FIFA corruption case
Jose Maria Marin, who led the organizing committee for World Cup 2014 in Brazil, has agreed to relocation to the US pending trial. He’s wanted on racketeering charges and could face up to 20 years. Switzerland’s justice ministry said in a statement on Wednesday that the 83-year-old Marin “must be placed in the custody of …

Neymar has millions in assets frozen in Brazil
A Brazilian court has accused international football star, Neymar, of evading millions of dollars in taxes. Now the Barcelona forward could face fines worth even more than that.

Cheap oil threatens North Sea fields
Low oil prices have strained the budgets of countries, which depend mainly on fossil fuel exports. And the slide have also affected the fields themselves, which are “no longer economically viable” in this environment. Low oil prices could bring about the closure of about 140 oil fields in Britain’s North Sea in the next five …

VW CEO Winterkorn likely to stay until end of 2018
Directors at Germany’s Volkswagen have thrown their weight behind extending the contract of CEO Martin Winterkorn. They said he should not leave the post before the end of 2018, hoping for more successful years. German carmaker Volkswagen said Wednesday that key members of its supervisory board hoped to extend the contract of CEO Martin Winterkorn …

IMF: ‘Bumpy’ road ahead for emerging economies
The world’s lender of last resort, the International Monetary Fund (IMF), has said up-and-coming nations must do more to weather the fallout of weaker global growth and a slowdown in China’s economy. The IMF’s managing director, Christine Lagarde, on Tuesday warned the emerging countries of the world that the road ahead could be “somewhat bumpy,” …

Overseas corporate corruption still a major problem
Cross-border corporate bribery is still a largely unresolved issue, Transparency International has concluded in a fresh report. Germany, it said, was among only few nations actively combating corruption. Transparency International (TI) said Thursday that about half of the 41 signatories to the OECD anti-bribery convention had been doing “little or nothing” to fight growing levels …

Egypt eighth amongst 10 highest smartphone sales in developing markets
By Mohamed Alaa El-Din A recent report issued by GFK Institution ranked Egypt as having one of the highest smartphone sales in developing markets in 2015. According to the report, Egypt occupied eighth place in the list of countries that included India, Pakistan, Nigeria, Brazil, China and Indonesia. The report said Egypt’s sales of smartphones …
HSBC operating profit up, net income falls
Europe’s biggest bank, HSBC, has reported a drop in bottom-line earnings for the second quarter, but pointed to rising operating profit in the first half of 2015. The lender is in the midst of deep restructuring. HSBC announced Monday that its net profit fell 3.8 percent in the three months to June. In the first …
Rio Olympics security force double that of London games
Organizers of the 2016 Olympics in Rio de Janeiro say they’ll have more than double the number of security personnel as London had at the previous games. Pollution in Brazil has also been under the microscope. At an event held Thursday to mark 53 weeks until South America’s first ever Olympic Games, Rio’s security secretary …

Investors lose interest in Russia
Global investment funds are turning increasingly skeptical about Russia’s economic prospects, as investors show less interest in Russian equities. The “BRIC” investment idea is also no longer attractive. The news came from the United States and hit big waves in Russia, but grabbed little attention in Germany: The Templeton Russia and East European Fund, a …
FIFA announces 2018 World Cup schedule
Just over a year after Germany clinched its fourth World Cup crown in Brazil, FIFA have announced the match schedule for the 2018 World Cup in Russia. Will Germany be at the final again? FIFA have announced the match schedule for the 2018 World Cup in Russia on the eve of the qualifying draw in St Petersburg. Kickoff times for…

Al-Sisi meets 11 new ambassadors to Cairo
The diplomats represent Brazil, Panama, and Colombia, in addition to Australia, the Vatican City, the Ukraine and Cyprus.

Pele: A jewel that dazzled the world, dims with disease
Many consider Pele to be the best player in football history, while in Brazil he is considered a national hero. He played the position of striker and was famed for his skills.
Egypt joins international âGroup of Friendsâ against torture
The group seeks to facilitate the implementation of the international convention against torture

Arabian Cement contributes âŹ7m to facility in Brazil
Move comes as a part of Arabian Cementâs joint venture agreement with Brazilâs Cementos Relampago

Germany crowned world champions in Brazil
Extra time goal Götze stuns Argentina and delivers Die Mannschaft fourth World Cup title

World Cup 2014 â Brazilâs dream turns into 7 goal nightmare
First semi-final produces shocking result to send Germany through to the final