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Montevideo, March 19th 2024 - 11:50 UTC

Brazil

  • Thursday, February 1st 2024 - 10:51 UTC

    Brazil lowers Selic basic interest rate

    Further Selic cuts are expected in the coming months

    Brazil's Monetary Policy Committee (Copom) unanimously decided Wednesday to cut down the country's basic interest rate known as Selic by 0.5 percentage points to 11.25% per year, Agencia Brasil reported.

  • Wednesday, January 31st 2024 - 10:58 UTC

    Daniel Scioli leaves Brasilia for a Secretariat position in Milei’s team

    Francos made the announcement on social media and posted a picture of himself together with Milei and Scioli

    Former Argentine Vice President Daniel Scioli will leave his post as Ambassador to Brazil to join President Javier Milei's team as Secretary of Tourism, Environment, and Sports, it was announced Tuesday in Buenos Aires after a meeting which was also attended by Interior Minister Guillermo Francos, who served on Scioli's cabinet when the latter was Governor of the Province of Buenos Aires.

  • Wednesday, January 31st 2024 - 10:38 UTC

    Lula sacks deputy intelligence chief for hindering parallel Abin probe

    Moretti will be replaced by Marco Aurélio Chaves Cepik, a university professor and the current director of Abin's Intelligence School

    President Luiz Inácio Lula da Silva sacked Brazilian Intelligence Agency (Abin) Deputy Director Alessandro Moretti for allegedly hindering the ongoing probe into the Bolsonaro family's use of said services for personal gain, Agencia Brasil reported. Lula's decision was published Tuesday in an extra issue of the Official Gazette (Diário Oficial da União - DOU).

  • Tuesday, January 30th 2024 - 11:18 UTC

    Carlos Bolsonaro's premises raided in “parallel Abin” case

    Federal Police seized the former president's son's cell phone and three computers

    Rio de Janeiro Councilman Carlos Bolsonaro has been accused of invoking his kinship to then-President Jair Bolsonaro to get information from Brazil's Intelligence Agency Abin about an ongoing investigation targeting his family, Agencia Brasil reported Monday.

  • Tuesday, January 30th 2024 - 10:51 UTC

    Mercosur's cultural festivals of 2024

    Though primarily functioning as an economic and currency union, the trade bloc is also part of a wider push to recognise and celebrate diversity in the region.

    Whether you are local to Mercosur or traveling to the area, you'll know that Mercosur is rich in diversity. So, let's take a look at some of the festivals that celebrate Mercosur's unique culture, and why these festivals continue to be popular.

  • Friday, January 26th 2024 - 11:24 UTC

    Venezuela and Guyana to keep discussing Essequibo issue peacefully

    No significant progress was achieved on Thursday, although none was expected

    After more than five hours of conversations, diplomatic delegations from Venezuela and Guyana agreed on Thursday in Brasilia to discuss the dispute over the oil-rich Essequibo territory peacefully. The gathering at the Itamaraty Palace resulted from talks between Presidents Nicolás Maduro and Irfaan Ali on December 14 in Saint Vincent and the Grenadines.

  • Friday, January 26th 2024 - 10:23 UTC

    Brazil's President to visit Egypt, Ethiopia, and Guyana next month

    Lula will be attending the summit of the African Union, since last year a full member of the G20

    Brazilian President Luiz Inácio Lula da Silva will take on a series of international engagements next month, including a Caricom Summit in Guyana, Agencia Brasil reported. He will also be traveling to Egypt on Feb. 15 and 16 to thank his Egyptian counterpart Abdel Fattah al-Sissi for his support in pulling out Brazilian nationals and their families from the Gaza Strip.

  • Wednesday, January 24th 2024 - 11:09 UTC

    Increase in air travel reported in Brazil

    Domestic flight passengers increased from 82.2 million in 2022 to 91.4 million last year, Costa Filho explained

    South America's largest country is achieving record figures in its travel industry, Agencia Brasil reported. In 2023, Brazil saw 112.6 million passengers on domestic and international flights, marking a 15.3% increase from 2022's 97.6 million. “In the next three years, we aim to reach 140 million passengers,” Ports and Airports Minister Silvio Costa Filho said.

  • Wednesday, January 24th 2024 - 09:38 UTC

    Toyota's first plant in Brazil shut down

    The facilities had become obsolete since opening in 1962 and newer factories were preferred for current challenges

    Japanese giant carmakers Toyota this week closed its São Bernardo plant, the company's oldest factory in Brazil which had been established in 1962. It was there that the Land Cruiser “Bandeirante” and the Corolla models were built in South America. Toyota's administrative headquarters for Brazil and South America also operated there for decades. It was said to be the company's first production facility outside Japan.

  • Tuesday, January 23rd 2024 - 11:10 UTC

    Mercosur region students visit the Falklands and share life with residents for a week

    Enjoying the Falklands wildlife next to the penguins

    Last week the Falkland Islands welcomed the regional student competition 2024 winners, who are visiting the Falklands from Argentina, Chile, Paraguay and Uruguay.