MercoPress, en Español

Montevideo, April 25th 2017 - 20:24 UTC

Brazil

  • 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.

  • Wednesday, March 8th 2017 - 10:12 UTC

    Brazil's worst-ever recession continued during 2016, GDP drops 3.6%

    Investment fell 10.2% and consumption was down by 4.2% as joblessness hit a record high with 13 million people unemployed – 12.6% of the formal workforce.

    Brazil’s economic woes continue as the country’s worst-ever recession unexpectedly deepened at the end of last year. Gross domestic product contracted by 0.9% between October and December. For all of 2016 it dropped by 3.6%; almost as bad as in 2015 with a 3.8% slump. It was the eighth straight quarter of contraction.

  • Tuesday, March 7th 2017 - 07:36 UTC

    RAF Hercules en route to the Falklands, photographed at Porto Alegre airport

    The Hercules pictured at the Porto Alegre airport on 29 August 2016 and  published in the Brazilian daily Zero Hora

    A Royal Air Force Hercules was photographed at the Porto Alegre international airport in August last year when it called allegedly for refueling, en route to the Falkland/Malvinas islands, according to the Rio Grande do Sul main daily Zero Hora. The photo from Centeno Mendes, was published following Argentina's official concern to Brasilia regarding 18 RAF calls in Brazilian airports, in the last two years.

  • Monday, March 6th 2017 - 06:40 UTC

    New Brazilian minister wants closer Mercosur-Pacific Alliance relations

    “We have very important challenges ahead such as giving new life to Mercosur and bringing Mercosur closer to the Pacific Alliance” wrote Nunes

    Giving new life to Mercosur and closer links with the Pacific Alliance are the main challenges of his office said Aloysio Nunes, Brazil's new foreign minister. In as brief statement in Facebook the ex senator and chair of the foreign affair committee also insists that Mercosur must open to the world and reach more agreements with other countries and trade spaces.

  • Saturday, March 4th 2017 - 11:47 UTC

    “There are no secret flights” between Falklands and Brazil, says Ambassador Kent

    Ambassador Kent feels very close and identified with the wine producing province of Mendoza where he spent time learning Spanish before his appointment

    There are no secret flights between Falklands and Brazil, and any landings which have occurred are because of medical or mechanical emergencies, said UK ambassador in Argentina Mark Kent, in fluent Spanish, currently visiting the province of Mendoza on official business and for the grape harvest and wine festival.

  • Friday, March 3rd 2017 - 13:19 UTC

    Brazil investigating if RAF flights to the Falklands landed in the country

    Brazilian president Michel Temer only on Thursday announced he was naming Senator Aloysio Nunes as succesor of ex minister Jose Serra

    The Brazilian government announced it had opened an investigation among miltiary institutions regarding Royal Air Force landings in Brazilian airports, while making flights between Britain and the Falkland/Malvinas Islands.

  • Friday, March 3rd 2017 - 11:48 UTC

    New Brazilian foreign minister no fan of Trump, but sponsors free trade, Mercosur and the Pacific Alliance

    After Trump's victory in November, Nunes went on Twitter to call the real estate mogul “the worst” of the Republican Party, “uncontrollable” and “exaggerated.”

    Brazil's president has picked as his new foreign minister a man who has sharply criticized U.S. President Donald Trump. President Michel Temer named Sen. Aloysio Nunes to the post Thursday to replace Jose Serra. Serra resigned last week for medical reasons. The appointment doesn't require congressional approval. Both Nunes and Serra belong to the center PSDB party, senior member of the ruling coalition.