MercoPress, en Español

Montevideo, March 25th 2017 - 21:45 UTC

Brazil

  • Thursday, March 16th 2017 - 12:12 UTC

    Temer coalition determined to pass major pension reform despite street protests

    Political momentum is still in President Temer's favor as he pushes head with the austerity agenda that has drawn opposition into the streets

    Brazil's president Michel Temer and senior lawmakers were unwavering in their support for a major pension reform on Wednesday despite nationwide protests against the proposal and the dramatic expansion of a graft probe threatening the ruling coalition.

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  • Thursday, March 16th 2017 - 04:56 UTC

    Political seism in Brazil: prosecutor asks Supreme Court to open 83 new graft investigations

    Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests to lower courts based on testimony by executives of Odebrecht

    Brazil's top public prosecutor seismically expanded a corruption probe of the country's political establishment on Tuesday, asking the Supreme Court to open 83 new investigations of politicians named in explosive plea bargain testimony. Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests to lower courts based on much-anticipated testimony by executives of engineering group Odebrecht implicated in Brazil's biggest-ever graft scandal.

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  • Wednesday, March 15th 2017 - 08:04 UTC

    Lula da Silva denies all charges in court; “I have been a victim for three years”

    ”I have absolutely no reason to have any problem with the testimony of Cervero, no reason at all. I don't know (him),” Lula said, according to a video from the court.

    Brazil's former president has appeared in court to deny allegations he was part of a plot to obstruct a massive corruption probe by keeping a former Petrobras executive from revealing what he knew. News media websites in Brazil published Tuesday's testimony by Lula da Silva, who told a federal court in Brasilia that he didn't even know Nestor Cervero, a former director of the State oil company.

  • Wednesday, March 15th 2017 - 06:52 UTC

    Temer moved out of the presidential palace because of “bad energy and ghosts”

    “I felt something strange there. I wasn’t able to sleep from the first night. The energy wasn’t good,” Temer admitted

    Brazilian president Michel Temer confessed in an interview with the leading news magazine Veja that he and his family moved out of the nation’s Alvorada Palace, the official presidential residence, over bad energy and “ghosts” that kept him and First Lady Marcela Temer from sleeping well at night.

  • Tuesday, March 14th 2017 - 06:49 UTC

    Argentina protests with Brasilia over Falklands RAF flights calling in Brazil

    Allegedly according to the report during 2016 at least six Royal Air Force flights called at Brazilian airports en route to MPA in the Falklands.

    The Argentine government reiterated on Monday its disappointment with the UK military flights linking with the Falkland Islands and calling in Brazil. “We made a complaint to Brazil regarding flights and we have also instructed our embassy in the UK”, said Malcorra speaking to the media.

  • Monday, March 13th 2017 - 08:46 UTC

    Brazil ready to launch satellite to protect transfer of national security information

    The satellite should guarantee the security of defense communications of its Armed Forces and improve the inspection of Brazil's 17,000-kilometer border

    Brazil will launch its first own satellite to protect the transfer of privileged national security information while boosting the broadband capacity of the country later this month. The Geostationary Satellite Defense and Strategic Communications Satellite (SGDC) will be launched on March 21 from the Kourou Space Center in French Guiana. The event is taking place nearly a year after the original launch plan of April 2016.

  • Thursday, March 9th 2017 - 21:41 UTC

    Brazil denies plans to raise taxes on forex transactions to help meet fiscal target

    Meirelles said that Brazil could raise taxes or further cut spending if necessary, since there was no chance of revising the 143.1bn Reais primary deficit goal

    Brazil's central bank and finance minister denied a report that the government could raise taxes on foreign exchange transactions to help reach this year's fiscal target. Bloomberg News had reported the move was “among the options being considered” by the Brazilian government to meet its fiscal target, citing a source with direct knowledge of the issue.

  • Thursday, March 9th 2017 - 13:55 UTC

    Temer launches 55 infrastructure projects to boost private investment and create 200.000 jobs

    “We are leaving behind a deep recession and entering in a phase of prosperity where private investment will be decisive,” said the president

    Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.

  • Thursday, March 9th 2017 - 11:32 UTC

    Brazil's fertilizer market picks up strongly as sowing area expands

    Fertilizantes Heringer forecast that Brazilian fertilizer deliveries will rose 3.0% to 35m tons this year.

    Brazil's fertilizer market, having recovered to set a fresh all-time high last year, will expand further in 2017, Fertilizantes Heringer said, as it unveiled a jump in corn nutrient volumes, but a fallback in sales to coffee growers.

  • Thursday, March 9th 2017 - 11:28 UTC

    Brazilian economy two-year contraction is slowing

    The Purchasing Managers Index (PMI) for Brazilian services, compiled by Markit, rose to 46.4 in February from 45.1 in January, its highest mark since March 2015.

    Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.