Stories for 2023

Thursday, February 2nd 2023 - 10:28 UTC
Brazil Central Bank leaves benchmark rate unchanged at 13,75%; warns about fiscal policy

Brazil's Central Bank on Wednesday left the Selic benchmark interest rate at 13,75%, but in the adjoining release, the bank's rate setting committee, Copom said the high interest rate policy is expected to last longer than market expectations because of fiscal risks
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Thursday, February 2nd 2023 - 10:21 UTC
Fed admits inflation cooling, but more evidence needed that “the disinflationary process has started”

The Federal Reserve following a two day meeting announced it decided on Wednesday to raise its key interest rate a quarter point arguing that although inflation is easing it is still too high, and did not discard further rate hikes could be needed since more evidence is needed to be confident inflation is in a sustained downward path. The increase was the eighth since March.
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Thursday, February 2nd 2023 - 10:15 UTC
Southern Brazil pork and poultry farmers concerned with Chinese demand for “overpriced” corn

Expectations of large Brazilian corn exports to China in 2023 are worrying Brazil’s meat companies, according to a statement from Santa Catarina’s meat processors lobby Sindicarne this week. The group said competition from Chinese buyers is already reducing local supplies and making corn used to feed poultry and pork an “overpriced” commodity.
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Thursday, February 2nd 2023 - 10:13 UTC
Lira reelected Speaker of Brazil's Lower House by overwhelming majority

Congressman Arthur Lira (PP-AL) was reelected Wednesday as Speaker of Brazil's Lower House for the next two years. It will be Lira's fourth term on the post after garnering a record 464 votes. The second most-voted candidate was Deputy Chico Alencar (PSOL-RJ) with 21 votes, followed by Deputy Marcel Van Hatten (Novo-RS) with 19 votes. There were also five blank votes.
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Thursday, February 2nd 2023 - 10:09 UTC
Rodrigo Pacheco remains Senate Speaker in Brazil

Brazilian Senator Rodrigo Pacheco (PSDB - MG) was reelected Wednesday by 49 votes against Rogerio Marinho's 32 to remain the Speaker of the South American country's Upper House, thus dealing a blow to the rightwing opposition loyal to former President Jair Bolsonaro.
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Thursday, February 2nd 2023 - 10:06 UTC
Gen. Stevenazzi becomes new Uruguayan Army chief

Gen. Mario Stevenazzi Wednesday took over from Gen. Gerardo Fregosi as head of Uruguay's Army during a ceremony at the Army headquarters in which Defense Minister Javier García praised the force's work during the Covid-19 pandemic and in other matters of national sovereignty.
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Thursday, February 2nd 2023 - 10:00 UTC
Brazil's Dr Jarbas Barbosa elected as WHO Regional Director for the Americas

The World Health Organization, WHO Executive Board, currently holding its 152nd meeting in Geneva, has appointed Dr. Jarbas Barbosa da Silva Jr. as Regional Director for the Americas effective February 2023.
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Wednesday, February 1st 2023 - 15:34 UTC
Uruguayan soldier says he fights in Ukraine to “get value” out of his military experience

Teddy, a 26-year-old Uruguayan soldier who has been fighting with the Ukrainian Army since the Russian invasion began on February 24, 2022, spoke to Uruguay’s Telenoche and told that he joined the war to “take advantage” of everything he learned in his military training.
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Wednesday, February 1st 2023 - 10:59 UTC
South Africa in naval drills with BRICS associates, Russia and China; Argentina waiting to join the block

South Africa confirmed plans to conduct joint naval drills with BRICS associates navies, Russia and China off its coast this month, from 17/27 February, next to the first anniversary of Russia’s invasion of Ukraine on February 24.
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Wednesday, February 1st 2023 - 10:57 UTC
Brazil's STF orders probe into crimes against indigenous communities

Brazilian Supreme Federal Court (STF) Justice Luís Roberto Barroso has ordered an investigation by the Attorney General of the Republic, the Military Prosecutor's Office, the Ministry of Justice and Public Safety, and the Regional Superintendence of the Federal Police of Roraima into the possible participation of officials of the Jair Bolsonaro government in crimes of genocide, disobedience, breach of judicial secrecy, and environmental offenses related to the life, health, and safety of several indigenous communities, Agencia Brasil reported Tuesday.
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