RIO DE JANEIRO Scientists will have to do without an ally in the race to combat the Zika virus.
Brazil speaker Cunha indicted for money laundering, currency dealing
BRASILIA Brazil's Supreme Court on Wednesday indicted suspended speaker of the lower house Eduardo Cunha on charges of money laundering and illegal currency dealing, dragging the powerful politician further into the sweeping scandal involving state-oil company Petrobras.
Brazil says banks solid after Oi bankruptcy petition
SAO PAULO The bankruptcy petition of mobile phone carrier Oi SA , the biggest ever in Brazil, poses no threat to the country's state banks or the wider financial system. the finance minister and a central bank director said on Tuesday.
Brazil speaker refuses to quit, denies corruption charges
BRASILIA Brazil's suspended House speaker, Eduardo Cunha, denied any criminal wrongdoing on Tuesday and said he will not resign, even though he has already been indicted for corruption and faces the risk of imminent arrest.
Brazil's Rousseff warned of illegal campaign donations, donor to say: paper
BRASILIA Marcelo Odebrecht, the former chief executive of Latin America's largest construction company, will admit in plea bargain testimony that he personally oversaw illegal campaign donations for suspended President Dilma Rousseff in 2010 and 2014, newspaper Folha de S. Paulo said on Tuesday.
Brazil's credit crunch threatens commodity exports, farmers
SAO PAULO Brazil's worst credit crunch in two decades is forcing the nation's debt-laden grain producers, sugar mills and coffee farmers to curb investment, making one of the world's top farm exporters miss out on a recovery in global commodity prices.
Brazil agrees to $15 billion in state debt relief through 2018
BRASILIA Brazil on Monday offered its state governments 50 billion reais ($15 billion) of emergency debt relief over the next three years in an effort to shore up public services and extended an emergency loan to Rio de Janeiro before the Olympics amid the worst recession since the 1930s.
New Brazil coach Tite targets World Cup qualification
RIO DE JANEIRO Former Corinthians boss Tite was unveiled as the new Brazil coach on Monday and immediately said his priority was ensuring the five-time champions qualify for the 2018 World Cup. Brazil are currently outside the qualification spots for Russia and Tite was hired to ensure they do not lose their enviable record of having qualified for every World Cup since the tournament began in 1930. "The focus is classification," Tite told reporters after his appointment was confirmed in Rio de Janeiro. "We are not in the classification zone. I think we are going to make it but we run an obvious risk. If we don't face that possibility we are running away from reality. I am here because we didn't get results." With a third of the campaign over, Brazil currently sit sixth in the South American qualifying group for the 2018 World Cup. The top four teams qualify automatically for Russia and the fifth-placed side enter an inter-continental playoff. Tite, whose real name is Adenor Leonardo Bacchi, rejected a chance to coach the Olympic squad in order to focus on World Cup qualification. Rio de Janeiro will host the Olympic Games in August and the under-23 side, captained by Barcelona's Neymar, will seek to win the Olympic gold for the first time. But the 55-year old from southern Brazil said he was sufficiently concerned about the senior team's form to pass up that chance at glory. "The priority is the national side and working to qualify," he told reporters. "I need to make adjustments, get on top of the situation as soon as possible. These next two games and qualification are the priority." Brazil are away to second-placed Ecuador in September and then host Colombia. The popular coach led Corinthians to two Serie A titles, the Copa Libertadores and the World Club Cup and has a reputation as a man who knows how to organize even limited sides. But he will have his work cut out at the national team. Brazil have lost their way in recent years and have not won a major tournament since the 2007 Copa America 2007. They were humiliated 7-1 by Germany in the World Cup semi-finals at home in 2014 and were knocked out the Copa America at the group stages last week for the first time since 1987.
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