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B

08 June 2020

Brazil Foreign Minister “Enthusiastic” About Strategic Partnership With Japan and US

Japan approached Brazil to form, together with the US, a "strategic partnership" to "defend common values" like democracy and free markets in South America and Asia, Brazilian newspaper Folha reports.

C

07 June 2020

China is Mozambique´s Main Creditor

Nearly 40 per cent of Mozambique´s debt is owed to China, according to the most recent data from the Mozambican Ministry of Economy and Finance (MEF).

A

07 June 2020

Angola Cuts Oil Shipments to China

Angola is cutting the number of oil cargoes that it will ship to China, as it seeks to renegotiate repayment terms to deal with the crippling impact of the coronavirus. Oil shipments to Chinese state firms are used to pay down debt to Beijing.

B

05 June 2020

Brazil Delays Deployment of 5G Technology

Deployment of the 5G network in Brazil should occur only in 2021, the National Telecommunications Agency (ANATEL) admitted. The new deployment plan may put Brazilian 5G in a delay of up to 3 years when compared to China.

Bank of Portugal Mandates Bison Bank to Increase Capital

Bison Bank shareholders will have to inject 19 million euros into the bank until the end of this month, by determination of Banco de Portugal, the country´s central bank. 

U

04 June 2020

UNCTAD Expects Brazilian Exports to China to Hold Despite General Downward Trend

Acording to the United Nations Agency for Trade and Development (UNCTAD), Brazil will be able to maintain its levels of exports to the world's second largest economy, but only if it able to avoid disruptions to its agricultural production.

B

04 June 2020

Boosting Demand for Portuguese ‘Golden Visas’ from Hong Kong

Requests for information from Hong Kong residents soared after the announcement that Beijing would impose national security law in that territory, according to companies specializing in obtaining 'golden visas' in Portugal.

Brazil´s Vale to Keep Iron Ore Supply Levels to China in 2020

Vale, Brazil´s biggest mining group, will sell China this year a volume of iron ore equal to or greater than that of 2019, according to Marcello Spinelli, executive director of ferrous metals at the mining company. 

A

03 June 2020

Angola Talks With Oil Clients About Financing Facilities Reach “Advanced Stage”

Angola is in talks with some of its oil clients in a bid to restructure financing facilities, the Ministry of Finance has said. China is the main buyer of Angolan oil exports, and the creditor of around USD 23 billion .

S

02 June 2020

Shanghai Electric Joint-venture to Invest EUR 700 million in Solar Power in Portugal, Spain and Italy

Tayan Energy, a joint venture between Shanghai Electric and Eland Private Equity, is launching more than 1 gigawatt (GW) in solar power projects in Spain, Portugal and Italy, worth 700 million euros.
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