Uruguay will be hosting Paraguayan president Horacio Cartes in early June when he is expected to confirm' his country's support to Uruguay and Brazil in their renewed approach to accelerate negotiations for the signing of a full cooperation and free trade agreement with the European Union, which were started fifteen years ago.
The most iconic symbol of the Olympic Games is decorating the city for the Rio 2016 Games. City Hall has installed giant Olympic Rings in Madureira Park, ahead of the largest sporting event in the world.
Brazil´s main opposition party plans to pursue a criminal complaint against President Dilma Rousseff for 'inventive' accounting that helped shore up the country´s fiscal results in recent years.
Brazil finally announced its much expected budget resources reshuffle that will freeze 69.9 billion Reais (22.58 billion dollars) worth of spending on investment, education and health programs this year, limiting outlays in a bid to convince investors that President Dilma Rousseff is committed to saving the country's investment-grade rating.
Following reports of suspected Zika virus in Brazil, the health ministries of several Caribbean countries have issued advisories for the mosquito borne viral disease.On Thursday, the Jamaica Health Ministry issued an epidemiological alert after the Pan American Health Organization (PAHO) noted the potential spread of this arbovirus across territories where the vectors (Aedes) are present.
Uruguayan president Tabare Vazquez said it was “urgent and necessary” to redesign Mercosur so as to give its members greater 'trade flexibility'. Vazquez made the statements following Thursday meeting with his peer Dilma Rousseff in Brasilia and underlined “it would be naive to admit that Mercosur as it stands currently, is satisfactory”.
The head of the International Monetary Fund (IMF) encouraged Brazil on Thursday to pursue fiscal discipline, saying it was needed to protect social programs benefitting the poorest members of society. IMF chief Christine Lagarde made the link during a visit to Complexo do Alemao, one of Rio's largest and most dangerous slums and an example of the challenges the country faces as it struggles with low growth and high inflation
Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.
Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.
China's Premier Li Keqiang arrived in Brasilia on Monday to sign agreements on infrastructure, energy and aviation that experts say could reach 100 billion dollars. The South American tour also includes Colombia, Peru and Chile and aims to restructure China's resource-driven trade with Latin American countries by including more value-added products.