Although the war in Ukraine has not affected the flights of Brazilian companies so far, planemaker Embraer and airlines Latam, Gol and Azul are closely monitoring its developments, which may have a significant impact on costs and operations in the sector. In the case of Embraer, the international community’s sanctions against Russia may disrupt access […]
Economists and banks, however, warn that it depends on the duration of the conflict The Brazilian economy is little exposed to the Russia-Ukraine war and is likely to suffer little impact, at least for now. This scenario, however, will only be confirmed if the conflict does not spread to other European countries, economists and banks […]
Ukraine’s chargé d’affaires in Brazil, Anatoliy Tkach, demanded an “official expression of solidarity” of the Brazilian government with Kiev and the country’s condemnation of Russia’s “aggression” against its territory. “We are still waiting for the official expression of solidarity [from the Brazilian government] along with messages in favor of [the Russians] ceasing their aggression,” Mr. […]