Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.
Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.
Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a benign direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has started to put a bit of pressure on prices.
Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.
President Luis Lacalle Pou told his country's Parliament Saturday that Uruguay needed to open up to the world. In his last accountability for the year speech as head of state before Parliament, he also singled out Argentina and Brazil for “blocking” Mercosur agreements and insisted on the importance of achieving fiscal goals, low inflation, employment growth, educational transformation, and making the regional bloc more flexible.
According to a report released Friday by Brazil’s Institute of Geography and Statistics (IBGE), the gross domestic product (GDP) in South America's largest country grew by 2.9% in 2023 driven by a record 15.1% expansion in the agricultural sector. It was the most significant leap since the beginning of the series in 1995. Industry (1.6%) and services (2.4%) also saw an improvement.
Brazilian President Luiz Inácio Lula da Silva Friday brought before the United Nations a proposal from the Community of Latin American and Caribbean States (Celac) to end “the genocide” in the Gaza Strip. During his speech at the 8th Celac Summit in Kingstown (St Vincent and the Grenadines), the South American leader also referred to the situation in the Middle East as a “carnage.”
Presidents Luiz Inácio Lula da Silva of Brazil and Nicolás Maduro of Venezuela met Friday in Kingstown, (Saint Vincent and the Grenadines) to discuss issues concerning both countries, Agencia Brasil reported citing a statement from the Planalto Palace. The meeting took place on the sidelines of the 8th Summit of the Community of Latin American and Caribbean States (Celac).
The summit of Economy Ministers of the G-20 in São Paulo failed Thursday to reach a unanimous declaration due to discrepancies over the ongoing armed conflicts in Ukraine and Gaza, it was reported. ”We came very close (...) it was almost by a word, Brazil's Fernando Haddad said during a press conference. Brazil, which this year holds the rotating presidency of G-20 wanted to leave aside” all geopolitical tensions but to no avail.
Reports released Thursday showed contrasting realities between South America's two largest countries. While consumption grew 1.2% interannually in January, according to the Brazilian Association of Supermarkets (Abras), the situation was quite the opposite in Argentina due to rampant inflation outpacing wage updates.