BRICS Report: Brazil

A massive scandal in Brazil is hitting two Brazilian meat giants

Food giants JBS SA and BRF SA took out full-page newspaper ads and paid for prime-time television spots to reassure consumers their meat is safe to eat after finding themselves at the centre of Brazil’s latest corruption probe. Both companies saw their share prices tumble for a second day after federal authorities announced Friday they’re investigating evidence producers bribed government officials to approve the sale of spoiled meat.

 

Inequality increased in Brazil and human development is slowing: UNDP

UNDP report reveals how disparities in income, education, health and between men and women are slowing down progress in region and around the world

Latin America’s strong growth in human development indicators over the last 25 years has been uneven and slow for disadvantaged groups, a UN body has found, saying that the inequality that reigns in the region has severely undermined progress.

 

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