Perched high atop Corcovado Mountain, the Cristo Redentor, as Brazilians call it, is a postcard not only for the city of Rio de Janeiro but for the entire country. But now, its management and future are at the center of a growing debate over religion,
Brazilian officials found 163 Chinese nationals working in "slavery-like conditions" at a construction site for a factory owned by Chinese electric vehicle producer BYD in Brazil's Bahia state, the local labor prosecutor's office said on Monday.
Brazilian authorities ruled to keep four Argentine soccer players in preventive detention on Monday after their alleged involvement in a racist incident during the Ladies Cup tournament in Sao Paulo state last week.
"Slavery-like conditions", as defined by Brazilian law, include debt bondage and work that violates human dignity. The MPT added that the situation also constitutes "forced labour", as many workers had their wages withheld and faced excessive costs for terminating their contracts. BYD said affected workers had been moved to hotels.
Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend jumbo interest rate hikes into early next year.
BYD Co. has severed ties with a construction firm after Brazilian authorities halted construction of a new electric-vehicle plant where workers were found working and living in “slavery”-like conditions.
Oscar will return to his former club São Paulo on a three-year contract, the Brazilian Serie A side said on Tuesday.
While the restaurant is saying goodbye, its owner says, "The spirit of this space and its story may yet live on in a new chapter."
Brazil recorded a current account deficit of $3.1 billion in November, the central bank said on Monday, widening the 12-month shortfall mainly due to a weaker trade surplus.
Brazil's Transpetro, a unit of state-run oil firm Petrobras , said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.